Microsoft Corp posted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street targets for the end…
Category: Companies
Coffee Day hit with Rs 26-cr fine by Sebi for diversion of Rs 3,535-cr funds
Capital markets regulator Sebi on Tuesday imposed a penalty of Rs 26 crore on Coffee Day Enterprises, which runs Cafe Coffee Day, for diversion of funds from subsidiaries to a…
Tata Trusts appoints Siddharth Sharma as CEO, Aparna Uppaluri as COO
Tata Trusts on Tuesday appointed Siddharth Sharma as its chief executive officer and Aparna Uppaluri as the chief operating officer. These appointments will come into effect from April 1, 2023,…
Google, Microsoft, Amazon: 5 reasons why big tech companies are laying off employees
Silicon Valley’s big tech companies, Google, Microsoft, Amazon, Meta, Twitter, Salesforce, Cisco, Snap, and others have collectively laid off over 1,00,000 employees in the past few months and many believe…
TVS Motor Q3 results: Consolidated net profit rises 22%, sales rise 22.26%, Rs 5 dividend announced
Chennai-based two-wheeler maker TVS Motor on Tuesday reported 22 per cent rise in standalone net profit to Rs 353 crore, which is way ahead of what was predicted by market…
Having a concentrated portfolio is a recipe for disaster: Helios Capital’s Samir Arora
The three big sectors in India are financial, consumer and technology, Helios Capital’s founder Samir Arora said at Business Today’s Market Today Summit in Mumbai. He also said that in…
Zomato rolls out revamped Gold loyalty programme with delivery and dine-in benefits
Publically listed food delivery firm Zomato has relaunched its loyalty program Gold which offers a bunch of benefits to its users including free delivery, no delay guarantee and special access…
Gautam Adani slips to 4th spot on world rich list; net worth declines $872 million in 24 hours
Amazon founder Jeff Bezos on Tuesday replaced Adani Group chairman Gautam Adani to become the world’s third-richest man. With a total net worth of $120 billion, Adani, who was until…
Gautam Adani is addicted to ChatGPT, says ‘AI will have massive ramifications’
Billionaire Gautam Adani, the fourth richest person in the world with a net worth of $120 billion on the Bloomberg Billionaires Index, has said that he is addicted to ChatGPT.…
Harsha Bhogle joins cricket-based platform Bowled.io as strategic investor
Cricket commentator and expert Harsha Bhogle has joined the world’s first cricket-based social experience platform Bowled.io as its strategic investor. The veteran commentator will lead Bowled.io’s think tank and will…