Meta Platforms has purchased Assured Robot Intelligence, a startup building artificial intelligence systems for humanoid robots, as chief executive Mark Zuckerberg accelerates a sweeping bet on AI that he acknowledges…
Category: Companies
GameStop prepares eBay takeover offer in Ryan Cohen’s boldest move yet; Stocks jump 15%
GameStop is quietly building a stake in eBay ahead of a potential offer that could reshape online retail, as CEO Ryan Cohen pursues an audacious plan to transform the video…
Brown University cuts stake in Blue Owl private credit fund by over 50%
May 1 (Reuters) – Brown University’s $8 billion endowment cut its stake in a publicly traded private credit fund run by alternative asset manager Blue Owl Capital by roughly 53%,…
US Sanctions Iranian Exchanges, China Terminal on Oil Purchases
(Bloomberg) — The Trump administration sanctioned three Iranian currency exchanges and a Chinese oil terminal on Friday, as the US adds to pressure on Tehran to end the war and…
Adani Group eyes homegrown talent model, plans to phase out lateral hiring
is looking to build a fully homegrown workforce and eventually phase out lateral hiring, Chairman Gautam Adani said on Friday while outlining a long-term talent strategy alongside a broader organisational…
Bombay HC sets aside ₹1,524-crore GST demand on Tata Sons in Docomo Case
The High Court has set aside a ₹1,524-crore demand against , holding that damages paid to Japan’s NTT Docomo pursuant to an arbitral award do not constitute a taxable supply…
Jindal Steel FY26 profit up 20%, but costs weigh on margins
India’s fourth-largest steelmaker Jindal Steel Ltd reported record production and higher revenue for FY26, helped by stronger volumes and firm steel prices in the second half of the year. Net…
Spirit Airlines preparing for total shutdown after bailout talks fail, stock crashes 74%
Discount carrier Spirit Airlines, a subsidiary of Spirit Aviation Holdings Inc., is moving toward a total shutdown of operations following its failure to garner necessary creditor support for a federal…
Syngene sees pipeline traction, bets on biologics for growth beyond FY27
Syngene International reported a subdued March quarter, with profit impacted by one-off items and continued client-specific headwinds, even as management signalled improving underlying momentum and a strengthening pipeline. The company…
EV maker Ola Electric sees 20% m-o-m growth in April
Electric two-wheeler maker Ola Electric has recorded month-on-month growth in April 2026, with registrations rising to 12,166 units, up from 10,133 units in March, according to VAHAN data. This represents…