Business News

Business

Meta Launches Ad Testing on Threads: A New Era for Social Media Advertising in the US and Japan

Meta Platforms Inc. embarks on testing advertisements on Threads, targeting a select group of advertisers in the US and Japan. This move introduces a new dimension to social media ...

Business

Project Rise Partners Revives Paramount Bid with a $13.5 Billion Offer

Project Rise Partners (PRP) has submitted a new takeover proposal for Paramount Global valued at $13.5 billion, offering a significant premium over Skydance Media's previous bid. T...

Business

Target Corporation Scales Back on DEI Initiatives Amid Changing Corporate Landscape

Target Corporation announces a strategic reduction in its diversity, equity, and inclusion initiatives, aligning with industry trends and adapting to external changes. This decisio...

Business

Venu Lambu Takes the Helm at LTIMindtree: A New Era for the IT Giant

LTIMindtree appoints Venu Lambu as CEO designate, signaling a new growth phase. With extensive IT experience, Lambu aims to drive sales, profitability, and leverage AI benefits in ...

Business

Venture Global's NYSE Debut: A Rocky Start with Shares Falling Below IPO Price

Venture Global, an American liquid gas provider, debuted on the NYSE at $24.05, 3.8% below its IPO price. This marks a significant but challenging start for the company in the publ...

Business

Bank of India Sees 34% Surge in Net Profit Thanks to Retail Loan Boom

Bank of India reports a 34.6% jump in net profit for Q3FY25, driven by a surge in retail loans and improved asset quality. Financials show significant growth in net interest income...

Business

DLF Reports Staggering 61% Jump in Q3 Net Profit to Rs 1059 Crore

DLF announces a 61% increase in Q3 net profit to Rs 1,058.7 crore, with total income rising to Rs 1,737.5 crore. The company's development business sees record sales, and its renta...

Business

Wipro GE Healthcare Commits to $1 Billion Investment in India Amid Global Manufacturing Shifts

Wipro GE Healthcare reaffirms its $1 billion investment in India, focusing on manufacturing and R&D, despite global manufacturing shifts. The company aims to enhance its product of...