An industry body has asked the government to scrap a proposal to ban audit firms from offering non-audit services to clients for three years after their term ends. It said…
Category: Companies
APCO in talks to sell Z-Morh tunnel in J&K to Alpha Alternatives for $267 mn
Lucknow-headquartered APCO Infratech is in talks with Alpha Alternatives to sell the strategic Z-Morh tunnel that provides all-weather connectivity between Gagangir and Sonamarg in Jammu and Kashmir (J&K) for $267…
Elon Musk vs Sam Altman: US Court drops fraud allegations against OpenAI, but biggest AI trial of the decade is still on
A US federal judge has thrown out Elon Musk’s fraud allegations in his landmark lawsuit against OpenAI and co-founder Sam Altman, Reuters reported, but the case is far from over,…
Altman apologizes after OpenAI failed to alert police before Tumbler Ridge killings
VANCOUVER, British Columbia (AP) — The head of OpenAI has written a letter apologizing that his company didn’t alert law enforcement about the online behavior of a person who shot…
Lodha Developers targets ₹24,000 crore in housing sales in FY27
Bengaluru: Lodha Developers Ltd aims to register higher residential sales in 2026-27, and build its annuity business to generate more rental income, leading to a balanced portfolio, said a company…
Charter Shares Fall Most Ever After Disappointing Results
(Bloomberg) — Charter Communications Inc. shares fell the most ever after the company reported “underwhelming” quarterly results. One of the country’s largest home internet providers, Charter said it lost 117,000…
Mercedes-Benz calls for another price hike this July due to rise in forex
Mercedes-Benz India on Friday said that the buying sentiments have not changed for luxury cars in India, as the markets are getting back to normalcy. It is the delay in…
Himadri commissions India’s first anode material production unit, plans to export to US, Europe from Q3FY27
India’s largest speciality carbon black maker Himadri Speciality Chemical, which has commissioned the country’s first anode material production facility in West Bengal, is planning to export the anode material, an…
JioStar’s quarterly profit drops 53% as ad slowdown, content costs weigh
JioStar, the Reliance-controlled media and entertainment company, reported a nearly 53% sequential drop in net profit to ₹419 crore in the March quarter, weighed down by weak advertising revenue, higher…