Business News

Business

India's Services Sector Hits Four-Month Growth Peak Amid Rising Demand and Lower Inflation

India's services sector reached a four-month high in December, driven by strong demand and lower inflation. The HSBC India Services Business Activity Index rose to 59.3, indicating...

Business

Trump Claims Tariffs Will Revitalize US Steel, Making It More Profitable and Valuable

President-elect Donald Trump believes his proposed tariffs will boost US Steel's profitability and value, countering President Biden's blockage of a Nippon Steel acquisition. Trump...

Business

Breaking New Ground: Lisa McGeough Named as HSBC's US CEO, Pioneering Leadership in Banking

HSBC appoints Lisa McGeough as the first female CEO in over a decade for its US operations, aiming to expand Corporate and Institutional Banking in North America and strengthen glo...

Business

Vedanta Aluminium Ranks Second Globally in S&P Global CSA for Sustainability

Vedanta Aluminium has been recognized for its sustainability efforts, securing the second position in the S&P Global Corporate Sustainability Assessment (CSA) for the aluminium...

Business

Legal Showdown: Nippon Steel and US Steel Challenge Biden's Block on $14.9B Merger

Nippon Steel and US Steel have filed lawsuits against President Biden's decision to block their $14.9 billion merger, claiming it would enhance US national security and strengthen ...

Business

Uber Accelerates Share Repurchase with a $1.5 Billion Program to Enhance Value

Uber announces a $1.5 billion accelerated share repurchase program to address stock undervaluation, aiming to retire over 1% of its market capitalization with Bank of America's ass...

Business

December Sees a Surge in Home-Cooked Meal Costs Due to Rising Prices of Essential Staples

In December, the cost of home-cooked meals rose due to higher prices of essential staples like tomatoes and potatoes. Non-vegetarian thalis saw a significant price increase, primar...

Business

Titan Co Reports Stellar 24% Q3 Growth, Fueled by Festive Season Demand

Titan Company Ltd reports a 24% annual growth in Q3, driven by strong festive demand, especially in the jewellery sector. The company's domestic jewellery segment saw a 25% YoY inc...