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Business

Exclusive: Jaguar Land Rover CEO Adrian Mardell Announces Retirement Amid Brand Revamp Challenges

Jaguar Land Rover CEO Adrian Mardell retires after 35 years, as the company faces challenges including US tariffs and a shift to electric vehicles. The Jaguar brand's controversial...

Business

Sebi Proposes Major Overhaul of IPO Norms to Boost Institutional Investment

Sebi proposes reducing retail investor quota in large IPOs to 25% and increasing institutional allocation to 60%, alongside enhancing anchor investor slots for foreign portfolio in...

Business

Surprising Shift in Indian Banking: Auto Loans Outpace Housing Finance in Q1 FY26

Indian banks have seen a shift in lending patterns with auto loans surpassing housing finance in Q1 FY26, according to RBI data. This change highlights evolving consumer demand and...

Business

Meta Explores Strategic AI Video Partnerships with Startups Like Pika and Higgsfield

Meta Platforms Inc. is in talks with AI video startups Pika and Higgsfield for potential collaborations, acquisitions, or licensing deals to boost its video creation and editing te...

Business

Amazon Shatters Q2 Expectations with Record $167.7B in Sales and AI-Driven Growth

Amazon reported a 13% increase in Q2 net sales to $167.7B, surpassing forecasts. Net income rose 35% to $18.2B, with EPS at $1.68. AWS operating income grew 9% to $10.2B. Q3 2025 s...

Business

Paramount Global Reports a Slight Revenue Increase to $6.8 Billion in Q2 2025

Paramount Global reported a 1% revenue increase to $6.8 billion in Q2 2025, with significant improvements in operating income and earnings per share. The DTC segment grew by 15%, w...

Business

Figma's Stunning NYSE Debut: Shares Soar 158% to $85, Defying Expectations

Figma's NYSE debut was nothing short of spectacular, with shares skyrocketing 158% to $85, raising $1.2 billion and achieving a valuation of $45.58 billion, despite a failed $20 bi...

Business

Reddit's Q2 2025 Revenue Soars to $500M, Surpassing Expectations with a 78% Increase

Reddit Inc. reports a 78% revenue increase to $500M in Q2 2025, turning around from a net loss to a $89M profit, with daily active users up by 21% to 110.4 million.