Business News

Business

India and US Aim for Quick Success in Bilateral Trade Agreement Negotiations

India and the US are focusing on early mutual benefits in their bilateral trade agreement, with talks covering tariff and non-tariff matters. Industry concerns over transparency an...

Business

Sebi Warns Public Against Risky Opinion Trading Platforms: Know the Dangers

Sebi warns the public about the risks of participating in opinion trading platforms, which offer binary outcome bets without regulatory oversight or investor protection.

Business

Sumant Kathpalia Steps Down as CEO of IndusInd Bank Following Financial Irregularities

Sumant Kathpalia resigns as CEO of IndusInd Bank following derivative losses, with a forensic review estimating nearly Rs 2,000 crore in losses. The bank seeks RBI approval for a t...

Business

Infosys Dismisses 195 Trainees After Repeated Test Failures: A Closer Look at the Rigorous Assessment Process

Infosys has terminated 195 trainees at its Mysuru campus for failing an internal assessment, offering them a month's salary and a training program for future opportunities. This fo...

Business

Snap Inc. Surpasses Expectations with a 14% Revenue Jump to $1.36 Billion in Q1

Snap Inc. reports a 14% revenue increase to $1.36 billion in Q1 2025, with DAUs growing 9% to 460 million. Operating and net losses show significant improvement, and adjusted EBITD...

Business

Booking Holdings Reports 8% Revenue Growth to $4.8 Billion in Q1 2025 Amidst Market Uncertainties

Booking Holdings Inc. reports an 8% revenue increase to $4.8 billion in Q1 2025, despite a 57% drop in net income. Gross travel bookings grew by 7% to $46.7 billion. CEO Glenn Foge...

Business

UnitedHealth Group Shakes Up Leadership: Dr. Patrick Conway Takes Helm as Optum CEO

UnitedHealth Group announces key leadership changes with Dr. Patrick Conway becoming the new CEO of Optum, replacing Heather Cianfrocco who moves to a broader corporate role, as pa...

Business

Tesla Accelerates Electric Semi Truck Production with 1,000 New Hires in Nevada

Tesla is expanding its electric Semi truck production by hiring over 1,000 workers at its Nevada plant, aiming to produce up to 50,000 units annually by 2026.