Business / NewsBytes
The Prime Minister's Office (PMO) held a high-level meeting to discuss India's strategy and preparedness for rare earth magnets, according to CNBC-TV18.
JioStar, the joint venture between Reliance Industries Limited (RIL) and Walt Disney, has posted a net profit of over 580 crore for the quarter ending June.
Larry Ellison, the co-founder of Oracle and the world's second-richest person, has announced a major change in his philanthropic strategy.
Saurabh Govil, the Chief Human Resources Officer at Wipro, has said that the company is yet to decide on salary hikes for this year.
The CEOs of private sector banks have witnessed a 4-12% hike in their salaries for the financial year 2024-25.
Reliance Retail, a subsidiary of Reliance Industries Ltd., has acquired the iconic home appliances brand Kelvinator.
China has imposed new export restrictions on technologies crucial for manufacturing electric vehicle (EV) batteries.
The Prime Minister's Office (PMO) is gearing up for a high-level meeting on July 18 to discuss the ongoing crisis over rare earth magnets, according to CNBC-TV18.
The Royal Society, the UK's national academy of sciences, has suggested that Elon Musk consider resigning from his fellowship.
Brazil has seen a massive surge in its rare earth exports to China, with the first half of 2025 witnessing a threefold increase.
India's trade with Turkey and Azerbaijan has witnessed a sharp decline in May.
In a major move toward self-reliance in defense, the Ministry of Defense has recommended a strategic partnership with France for the co-development of next-generation fighter jet engines.
Andy Byron, the CEO of Astronomer, a tech company valued at over $1.3 billion, is at the center of a controversy after a video of him and Kristin Cabot, the company's Chief People Officer, went viral.
The US Congress has passed its first major national cryptocurrency legislation, a historic move for the industry.
Perplexity AI, a start-up offering an AI-powered search engine that competes with Google, has raised $100 million in a new funding round.
Apple has filed a lawsuit against YouTuber Jon Prosser and his associate Michael Ramacciotti for allegedly stealing trade secrets and violating the Computer Fraud and Abuse Act (a US federal law enacted in 1986).
Platinum prices have hit their highest level since August 2014, with spot platinum gaining by 0.1% to $1,458.80 per ounce on Friday.
IndiQube Spaces Limited, a leading workplace solutions provider, is gearing up for its Initial Public Offering (IPO).
Tesla has settled a high-profile lawsuit over a fatal crash in 2019 involving its Autopilot system.
Meta has hired two key artificial intelligence (AI) researchers, Mark Lee and Tom Gunter, from Apple.
India will need an investment of around $1.5 trillion by 2030 to meet its climate change and energy transition goals, a new report by Deloitte has said.
Netflix reported a strong Q2 2025 performance, with revenue rising to $11.08billion, a 16% increase yearoveryear, and net income soaring to $3.1billionmarking a 46% jump YoY.
Elon Musk's health tech company, Neuralink, had classified itself as a small disadvantaged business in a federal filing with the US Small Business Administration (SBA).
The shares of Bengaluru-based Anthem Biosciences Ltd (ABL) will be listed on the stock exchanges today. The company has set its issue price at 570 per share after a successful initial public offering (IPO).
Mark Zuckerberg and other current and former executives of Meta Platforms have settled an $8 billion lawsuit.
Fintech lenders and non-banking financial companies (NBFCs) have made personal loans easier to get in recent years.
The US International Trade Commission (ITC) has issued a preliminary ruling recommending a ban on BOE smartphone displays, including those used in some iPhone models.
Following Karnataka, four other Indian states, Andhra Pradesh, Uttar Pradesh, Tamil Nadu, and Gujarat, have sought annual turnover data from Unified Payments Interface (UPI) apps and payment aggregators.
US President Donald Trump has been vocal in his criticism of Federal Reserve Chair Jerome Powell, especially over a $2.5 billion renovation project and the Fed's decision not to lower interest rates further.
India's iPhone exports have witnessed a whopping 53% year-on-year (YoY) growth in the first half of 2025, according to data from Canalys.
Kaivalya Vohra and Aadit Palicha, the 22-year-old co-founders of Zepto, have topped the inaugural edition of Avendus Wealth Hurun India's Uth Series 2025 - Under-30 list.
An $8 billion trial has begun against Mark Zuckerberg and other current and former leaders of Meta, initiated by the company's shareholders.
Meta CEO Mark Zuckerberg has addressed recent reports claiming that the company is offering pay packages of $100-200 million to recruit artificial intelligence (AI) talent from competitors.
After the Lion Air crash in 2018, Indonesian flag carrier Garuda Indonesia had tried to cancel its remaining orders for Boeing 737 MAX aircraft.
DLF, one of India's leading real estate developers, is making a comeback in the Mumbai Metropolitan Region after over a decade.
The Supreme Court of South Korea has acquitted Lee Jae-yong, the de facto head of Samsung Group, in a fraud case stemming from a 2015 merger deal.
The Reserve Bank of India (RBI) has announced a new set of guidelines regarding the imposition of prepayment charges on floating rate loans and advances.
Anthem Biosciences Ltd's 3,395 crore initial public offering (IPO) was subscribed 63.86 times at close, thanks to robust interest from qualified institutional buyers (QIBs).
US President Donald Trump has announced that Coca-Cola has agreed to consider switching to real cane sugar for its drinks sold in the country.
Sunil Bharti Mittal, the founder and chairman of Bharti Enterprises, has been awarded an Honorary Doctorate in Business Administration by the University of Bath in the UK.
Amazon has won a legal battle against its Prime Video subscribers over the introduction of advertisements on the streaming service.
In a major move, Tata Digital has partnered with Spotify to offer four months of free Spotify Premium to holders of the Tata Neu HDFC Bank Credit Card.
Reliance Infrastructure and Reliance Power, both part of the Reliance Group, have announced plans to raise up to 9,000 crore each.
Telecom giant Bharti Airtel has announced the date for its 30th Annual General Meeting (AGM).
Intel has announced plans to lay off around 5,000 employees as part of its cost-cutting strategy.
Scale AI, a leading player in the artificial intelligence (AI) data industry, has announced major layoffs. The company is letting go of some 200 employees or nearly 14% of its workforce.
Goldman Sachs has reported a massive profit of $3.72 billion for the second quarter of 2025, beating analyst expectations.
India is increasingly becoming a hub for Global Capability Centers (GCCs) of Fortune 500 companies, according to a report by consulting firm ANSR.
Klook, a leading travel and leisure booking platform, is said to be considering an initial public offering (IPO) in the United States.
LAT Aviation, a company backed by Eternal CEO Deepinder Goyal, has acquired a Bombardier Global series private jet.