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Business

LIC Faces Massive Rs 480 Crore GST Demand Notice: A Shock to the Insurance Giant

Life Insurance Corporation of India (LIC) has been issued a GST demand notice of Rs 479.9 crore for the fiscal year 2020-21 by the Mumbai deputy commissioner of state tax, highligh...

Business

Coca-Cola Expands Its Empire: Introducing BodyArmor Lyte to India This Summer

Coca-Cola is set to launch BodyArmor Lyte in India, aiming to capture the sports drink market and turn ThumsUp and Sprite into $2 billion brands. This move reflects Coca-Cola's str...

Business

Ikea's Strategic Expansion: Why India is Becoming a Key Growth Market

Ikea identifies India as a major growth market, focusing on affordability and expanding its online and offline presence. With significant price reductions and a strategic entry int...

Business

Health Insurance Premiums Skyrocket to Rs 1 Lakh Crore in FY25 Amid Rising Costs

Health insurance premiums in India have surged past Rs 1 lakh crore in FY25, marking a 10% increase from the previous year. Individual health insurance leads the growth at 13.5%, w...

Business

Amazon's Breakthrough: Introducing the Revolutionary Ocelot Quantum Computing Chip

Amazon Web Services has announced the Ocelot quantum computing chip, significantly reducing quantum error correction costs by up to 90% and potentially accelerating the development...

Business

Warner Bros. Discovery Faces a 2% Revenue Dip in Q4, Missing Analyst Expectations

Warner Bros. Discovery Inc. reported a 2% decrease in Q4 revenue for fiscal 2024, totaling $10.02 billion, missing analyst estimates. The company faced a net loss of $494 million b...

Business

Walgreens Faces a Potential Three-Way Split in Landmark Buyout Deal

Walgreens Boots Alliance Inc. may undergo a significant transformation with a potential buyout by Sycamore Partners, leading to a strategic split into three main businesses: Walgre...

Business

Stripe Soars to a $91.5 Billion Valuation, Eyes Future Profitability

Stripe Inc. announces a $91.5 billion valuation through a secondary stock offer, alongside plans to repurchase shares. The company reported a $1.4 trillion payment volume in 2024, ...