For years, SpaceX has remained one of the world’s most valuable private companies, with founder Elon Musk arguing that its long-term ambitions—spanning rockets, satellites and space exploration—sit uneasily with the…
Category: Companies
Coal India absorbs cost surge to shield consumers from price spike
State-owned Coal India Limited is absorbing rising input costs to protect consumers from higher coal prices, even as expenses for key inputs, such as explosives and industrial diesel, have surged…
8 out of 10 most India’s valuable companies add ₹4.13 lakh crore mcap amid US-Iran ceasefire; HDFC, ICICI Bank top list
The combined market valuation of eight of the top-10 most valued firms surged by ₹4,13,003.23 crore last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers, in…
TCS makes 25,000 fresher offers in FY27, says more hiring hinges on demand: Report
India’s largest information technology company Tata Consultancy Services has extended just 25,000 job offers to fresh graduates for the current financial year, a sharp pull-back from the 44,000 freshers it…
Luxury carmakers hope West Asia ceasefire will lift consumer sentiment
The ceasefire in West Asia is expected to help lift market sentiments in India, making luxury car customers who held back purchases to come back to showrooms to take deliveries,…
Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions
Global energy major Shell plc has ramped up natural gas supplies to India in the wake of disruptions triggered by the West Asia conflict, leveraging its global liquefied natural gas…
TCS payouts to Tata Sons fall as acquisitions, AI push weigh on cash flows
Tata Consultancy Services Ltd’s (TCS) shareholder payouts to its parent Tata Sons have shown a fluctuating but broadly downward trend in recent years, potentially constraining the holding company’s ability to…
Pharma and healthcare companies to face continued margin pressure: HDFC Securities
The Indian pharmaceutical and healthcare sector is expected to see moderate revenue growth, with EBITDA margins remaining flat, in the March quarter, according to a brokerage report by HDFC Securities.…
Lufthansa Crew Strike Set to Cancel More Than 500 Flights
(Bloomberg) — Air travelers in Germany face significant disruptions on Friday from a walkout at Deutsche Lufthansa AG that’s set to cause hundreds of flight cancellations at major hubs just…
How Oracle’s huge AI build-out is causing a cash crunch and layoffs
American multinational technology company Oracle, founded by Larry Ellison, is executing the largest layoffs in its history, cutting up to 30,000 jobs or about 19% of its 162,000 global workforce.…