’s SpaceX is on a fresh hiring spree for its AI-focused division, with the billionaire entrepreneur publicly calling for “world-class engineers/physicists” to join what he referred to as “SpaceXAI”, even…
Category: Companies
FMCG products set to cost more if global pressures persist, hurting consumption
MUMBAI: Indian FMCG products might get costlier on account of the war in West Asia as companies use up their buffer raw material stocks and shipments of key ingredients, including…
Jamie Dimon says JPMorgan Chase will hire more AI specialists, fewer traditional bankers
Jamie Dimon, CEO of has said the company is likely to hire more artificial intelligence specialists while reducing the number of traditional banking roles as AI adoption accelerates across the…
K Hospitality launches investment arm with ₹200 cr corpus to back consumer companies
K Hospitality Corp, which operates restaurant brands such as Copper Chimney and Bombay Brasserie, has launched Kliff Ventures — a strategic investment platform with a corpus of ₹200 crore to…
Scapia raises $63 million led by General Catalyst to scale AI-led travel fintech play
Travel fintech startup Scapia has raised $63 million in a fresh funding round led by General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. “We’re still…
Adani Power to invest ₹4,194 cr to acquire 24% stake in Jaiprakash Power, Churk thermal plant under JAL resolution plan
Adani Power will invest nearly ₹4,194 crore to acquire a 24 per cent stake in Jaiprakash Power Ventures Limited and the 180 MW Churk thermal power plant of Jaiprakash Associates…
Airbnb pushes beyond stays with luggage storage, car rentals, hotels
Airbnb Inc. will let guests arrange luggage storage, airport pickups and car and equipment rentals, its latest effort to expand beyond short-term rentals. During its annual product event on Wednesday, the…
ITC Q4 Preview: Cigarette tax pressure may drag on Q4 performance
Cigarette-to-soap maker is expected to report a muted performance for the fourth quarter of the last fiscal year, with overall revenue likely to grow in the low single digits, while…
Stellantis, JLR sign MoU to jointly develop products and tech for US market
Global automotive major Stellantis and Tata Motors-owned Jaguar Land Rover on Wednesday announced that they will explore opportunities to collaborate on product development in the US. The two firms have…
Grasim Industries Q4 net up 28% on better margin
Grasim Industries, an Aditya Birla Group company, has reported 28 per cent increase in March quarter net profit at ₹3,802 crore against ₹2,973 crore in the year-ago period, on the…