(Bloomberg) — OpenAI is on track to generate annualized revenue of roughly $50 billion based on its current performance, according to people familiar with the matter, an uptick from the…
Category: Companies
TCS posts slowest Q2 growth in three years as demand stays muted
Tata Consultancy Services Ltd (TCS) in the September quarter but posted its slowest second-quarter growth in three years, and management said client demand has yet to improve. India’s largest tech…
FSSAI issues notice to Dr. Reddy’s, Nestle Health Science, e-comm players over misleading claims
The Food Safety and Standards Authority of India (FSSAI) on Thursday said it has issued notices to Dr. Reddy’s and Nestle Health Science Ltd besides Flipkart India, Amazon India, Netmeds…
bp chief meets PM, Oil Minister; to bid in OALP rounds
bp CEO Meg O’Neill met Prime Minister Narendra Modi and Oil Minister Hardeep Singh Puri on Thursday with the oil and gas major discussing upcoming investments and participation in Open…
Great Indian Festival to ‘break previous records’ as early deals see 35-40% growth: Amazon India executive | Exclusive
Amazon India expects the Great Indian Festival 2026 to surpass previous records, with early deals launched ahead of the main sale already seeing growth of around 35-40%, Saurabh Srivastava, Vice…
Amitabh Bachchan’s granddaughter Navya Naveli Nanda launches venture arm to invest in AI, space, clean energy
Navya Naveli Nanda, granddaughter of , has announced the launch of Naveli Ventures, a strategic venture arm of the Nanda Family Office. The platform will back startups and research-driven opportunities…
The ePlane Company signs MoU with Noida airport to develop ground infra for eVTOLS
As Chennai-based eVTOL startup The ePlane Company works on the physical development of its e200 vertical lift-off aircraft, the company is also looking to put in place the necessary ground…
Amazon lays off nearly 1,000 employees globally; 106 affected in India
Amazon has laid off nearly 1,000 employees globally, with about 106 of them in India, according to sources. The affected employees in India are from the customer care services and…
Rolls-Royce eyes deeper India partnerships across defence, aerospace and energy
Global aero-engine manufacturer Rolls-Royce is looking to expand its capabilities in India across defence, aerospace and energy, as the company held its global board meeting in the country for the…
PepsiCo’s India biz witnessed “broad-based” growth in Q3 CY2026
PepsiCo on Thursday said that India business reported “broad-based increases” in terms of unit volumes in both snack and beverage segments in Q3 CY2026. The company also noted that India…