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...
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...
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...
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...
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...
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.
Mondelez International reports a 0.2% revenue increase to $9.3 billion in Q1 2025 but faces a steep 71.5% drop in net earnings to $402 million, attributed to rising cocoa costs and...
Starbucks Corporation announced a 2.3% increase in Q2 2025 revenues, reaching $8.8 billion, compared to the previous year, highlighting its growth in the global market.
