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MGA Entertainment to shift manufacturing base from China to India, 2 other nations amid Donald Trump's tariffs: Report

MGA Entertainment to shift manufacturing base from China to India, 2 other nations amid Donald Trump's tariffs: Report

14 Mar 2025 3:14 pm
Meet Jimmy MrBeast Donaldson YouTuber turned $5 billion business mogul whose chocolates outsell videos

YouTube's biggest star, MrBeast, earns more from his chocolate company than from media ventures, reports have shown. We take a look at how Jimmy Donaldson grew from an 11-year-old kid YouTuber into a $5 billion business mogul with Beast Industries.

14 Mar 2025 3:00 pm
Blinkit job opening gets 13,451 applications in one day; X post sparks debate, netizens say sad reality of market

Data showed that 86 per cent of applicants had a bachelors degree, while 12 per cent held a masters degree.

14 Mar 2025 1:29 pm
RCBs game plan: How a title-starved team is reshaping the sports business

Royal Challengers Bengaluru is among only two Indian Premier League franchises without a global presence. RCB is instead focused on monetising its flamboyant brand to boost its revenuesa strategy thats also helping it drive its ticket collections.

14 Mar 2025 12:56 pm
Elon Musk's Tesla in line of fire amid US tariff war, says facing retaliation after Canada province pulls back subsidies

While Elon Musk has been firm in his support of US President Donald Trump, his auto company, Tesla, is concerned about retaliatory actions. Tesla said escalating trade tensions could hit manufacturing costs and diminish international competitiveness.

14 Mar 2025 10:51 am
Malaysian Journalist Charged in Court for Allegedly Taking Bribe

A Malaysian journalist was charged in court for allegedly receiving a bribe in return for backing off an investigation into an alleged migrant worker trafficking syndicate.

14 Mar 2025 8:34 am
Billionaire Climate Activist Talks of Conflict Over Private Jet

Mike Cannon-Brookes, an Australian billionaire known for his stance on climate change, said he has a deep internal conflict over the use of his private jet for travel.

14 Mar 2025 7:59 am
UAE Official to Press US on Ability to Buy More Nvidia AI Chips

A top UAE official plans to visit Washington to press for easier access to American technology and discuss investment in the US, according to people familiar with the matter, seeking to sway the Trump administration on export controls governing the advanced semiconductors needed to power artificial intelligence.

14 Mar 2025 7:26 am
Holi 2025 bank holiday: Are banks closed today, March 14? Check here

Holi 2025 Bank Holiday: On March 14, banks will be closed in various cities for Holi as per RBI guidelines. Customers should verify local bank holidays, as they differ by state, while online banking services and ATMs will remain operational.

14 Mar 2025 6:43 am
AIA Plans $1.6 Billion Buyback as CFO Says Momentum Strong

AIA Group Ltd. said it will start a $1.6 billion share buyback and reported a 17% growth in new business value last year that missed analyst estimates.

14 Mar 2025 6:27 am
China Amplifies Newspaper's Attack on CK Hutchison Over Panama Ports Deal

Chinas top office on Hong Kong issues reposted a sharp attack on CK Hutchison Holdings Ltd. for agreeing to sell a controlling stake in Panama ports, warning companies to be very careful about which side they should stand on.

14 Mar 2025 6:16 am
Citi Sued by More Ex-Sales Traders Over 2019 Hong Kong Firing

Three former Citigroup Inc. equity sales traders filed wrongful termination claims against the US bank in Hong Kong this month, after a court in the city ruled that one of their ex-colleagues shouldnt have been summarily dismissed in 2019.

14 Mar 2025 6:10 am
Heres why passengers can expect lower airfares at Noida airport

Airports levy several charges on air-carriers for using their amenities, including landing fees and parking fees, charges for air traffic control services, ground handling fees, and terminal charges. All these charges are built into the tickets sold by airlines, jacking up airfares.

14 Mar 2025 6:00 am
3one4 Capital eyes new fund amid big gains on old bets

The venture capital firm, which backed startups like Tracxn, Licious, Darwinbox, PocketAces, and Bugworks from the first fund of $15 million, will now look to raise its seventh fund this year.

14 Mar 2025 5:45 am
Ola Electrics scooter deliveries hit as it renegotiates contracts with vehicle registration agencies to cut costs

Ola Electric's renegotiations with vehicle registration agencies have extended the waiting times to 20-45 days, according to store managers. But the company said the average delivery time for customers has reduced to 3-4 days from 12 days.

14 Mar 2025 5:45 am
Southern stars turn to OTT as medium gains strength

The South Indian film industry is adapting to the rise of OTT platforms, with stars like Keerthy Suresh and Dulquer Salman venturing into streaming content. This shift is fuelled by changing audience behaviours and the promise of financial stability and broader exposure.

14 Mar 2025 5:30 am
Returning from a career break? Employers may bet on you in a slow job market

India Inc. finds candidates with a career break are loyal, ambitious, willing to collaborate, and showing a higher need to learn and adapt

14 Mar 2025 5:30 am
Online-first gourmet food startups seek offline expansions to drive discovery

With Indias gourmet food market enjoying growing demand, brands are working towards creating differentiation and finding the optimal price point to drive repeat purchases.

14 Mar 2025 5:30 am
AvidXchange Said to Weigh Sale After Takeover Interest

AvidXchange Holdings Inc., a financial technology company that helps midsize businesses pay and receive bills, is weighing a sale after getting takeover interest, according to people familiar with the matter.

14 Mar 2025 4:58 am
Nobody Wants to Drink Sparkling Wine From the Midwest

Tariffs on products from the Champagne region of France will not make products from the Champaign-Urbana region of Illinois more appealing.

14 Mar 2025 4:09 am
UK, US Hold Private Talks in Bid to Calm Apple Encryption Feud

British officials have held private talks with their US counterparts in an attempt to resolve concerns that the UK is trying to force Apple Inc. to build a backdoor into Americans encrypted data, according to people familiar with the matter.

14 Mar 2025 3:43 am
Ackmans Pershing to Raise $1.4 Billion in UMG Stake Sale

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackmans hedge fund Pershing Square is set to raise about 1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the worlds largest music company.

14 Mar 2025 3:35 am
Palantirs Karp Inks New Manufacturing Deals With Defense Startups

The CEO stressed the need for more US industrial might.

14 Mar 2025 3:26 am
Live Nation Loses Bid to Toss DOJ Antitrust Case

A federal judge in New York said he denied Live Nation Entertainment Inc.s attempt to throw out the Justice Departments antitrust case seeking to break off Ticketmaster Entertainment Inc. after the companies merged more than 15 years ago.

14 Mar 2025 3:26 am
World Bank Reviews Health Holdings Amid Patient Detention Claims

The World Bank is reviewing its portfolio of health care investments and bolstering its oversight procedures following a Bloomberg News investigation that found the bank had invested in for-profit hospitals that detained poor patients and turned them away in emergencies.

14 Mar 2025 3:21 am
Qatar Supplies Syria With Natural Gas in Latest Post-Assad Boost

Qatar began supplying natural gas to Syria through Jordan, the latest boost to the war-torn countrys interim government following the fall of former president Bashar al-Assad.

14 Mar 2025 3:08 am
Tinder Owners New CEO Signals Urgency to Rebuild User Trust

Match Group Inc. will streamline operations, invest in growth areas and set up a confidential channel for its employees to share ideas with the executive team to improve its dating apps, said the companys newly appointed chief executive officer charged with executing on a turnaround.

14 Mar 2025 3:07 am
How to Spend $19 Billion WithBlood on the Streets

Renewables offer opportunities for Li Ka-shings CK Hutchison to park the windfall from the sale of the ports business.

14 Mar 2025 1:51 am
Undocumented Subprime Borrowers Pose Risk to Wall Street

Marcelo Rodriguez is in the middle of a chain of lending that has connected Wall Street to New Yorks Spanish-speaking community, providing a lifeline to vulnerable borrowers including the undocumented. That lifeline is now starting to fray.

14 Mar 2025 1:49 am
Duroflex sharpens focus on profits ahead of a public listing in 18 months

If all goes as planned, Duroflex will likely be the second company in the space after its larger rival Sheela Foam -- maker of Sleepwell and Kurlon mattresses - went public in 2016. Duroflex also competes with other players such as Wakefit, The Sleep Company and SleepyCat.

14 Mar 2025 1:48 am
Viral court clips spark judicial concern over misinformation

Judges say it can potentially undermine the judiciary, calling for regulatory frameworks and control over content to protect judicial integrity.

14 Mar 2025 1:48 am
IT titans at war: Cognizant denies slow-roll plot by its CEO to hurt Infosys

New Jersey-headquartered Cognizant labelled preposterous Infosyss allegations that the former had hired current chief executive officer S. Ravi Kumar to slow down the development of Infosyss healthcare software product (Helix).

14 Mar 2025 1:47 am
Companies News Today Live Updates on March 14, 2025: Duroflex sharpens focus on profits ahead of a public listing in 18 months

Companies News Today Live Updates on March 14, 2025: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

14 Mar 2025 1:47 am
Tata Motors considers new ICE models as EV adoption slows, competition intensifies

Tata Motors has acknowledged increased competition from JSW Groups MG Windsor 

14 Mar 2025 1:46 am
EU Poised to Back Extension of Sanctions on Russian Tycoons

The European Union is nearing an agreement to extend sanctions on individual Russians, including a number of billionaires, after Hungary dropped its opposition.

14 Mar 2025 1:13 am
Sheinbaum Blasts Ruling After Court Sides With Billionaire on Tax Case

Mexican President Claudia Sheinbaum criticized a decision by a Supreme Court panel to block a justice from hearing a case related to high-profile tax claims against billionaire Ricardo Salinas Pliego.

14 Mar 2025 12:55 am
Northeastern to Sell Bonds to Replace Iconic Boston Hockey Arena

Northeastern University is looking to sell municipal bonds to help replace its storied Matthews Arena, a century-old facility where the NHLs Boston Bruins and NBAs Boston Celtics played.

14 Mar 2025 12:44 am
Patanjali Ayurved, DS Group to acquire Magma General Insurance from Poonawala's Sanoti Properties

Patanjali Ayurved, DS Group to acquire Magma General Insurance from Poonawala's Sanoti Properties

13 Mar 2025 11:55 pm
Tata Consultancy Services announces Sudeep Kunnumal as CHRO-designate

TCS has not announced when he will eventually take over as the CHRO.

13 Mar 2025 10:48 pm
TCS appoints Sudeep Kunnumal as new Chief HR officer to succeed Milind Lakkad upon superannuation

TCS appoints Sudeep Kunnumal as new Chief HR officer effective March 14, to succeed Milind Lakkad upon superannuation

13 Mar 2025 10:42 pm
Tesla to enter Indian markets in 2-3 months, certification process underway: Report

Tesla will likely enter Indian markets in 2-3 months. Elon Musk is awaiting clarity on import duty cuts by India

13 Mar 2025 7:47 pm
Reliance Consumer biz to see national rollout

The company will also roll out more products over the next 12-18 months.

13 Mar 2025 7:37 pm
LVMH management rejig: Frederic Arnault to now head Loro PianaAll LVMH roles held by Bernard's children at a glance

LVMH management rejig: Billionaire founder Bernard Arnault's children hold top management positions in the company, with Frederic heading LVMH's watches division for the past year

13 Mar 2025 3:35 pm
Donald Trump's $1.4 trillion tariff threats scramble business plans, US companies form task-forces to tackle impact

Companies in the US, including Novo Nordisk, Boeing and Shein, are forming task forces to address the impact of Donald Trump's tariffs, which could reshape the domestic economy and affect global trade dynamics.

13 Mar 2025 2:42 pm
Layoffs: Budweiser APCAC to cut thousands of jobs to slash costs by 15% amid weak demand in China, says report

Layoffs: Budweiser Brewing Co APAC plans to cut thousands of jobs in response to weak consumer demand in China, aiming for a 15 per cent reduction in operational costs. 

13 Mar 2025 2:05 pm
Who is Lip-Bu Tan? Intels new CEO and chip industry veteran

Intel Corp. appointed Lip-Bu Tan as CEO, effective March 18

13 Mar 2025 1:10 pm
Boeing 787 jets had faulty parts that passed audits, investigations show. Here's what happened Explained

Italian sub-contractor supplied faulty parts for Boeing jets in 2017-20 via Leonardo. Supplier passed repeated audits while allegedly using low-grade metals. Alleged scam uncovered thanks to chance police find, sources say. Industry experts call for random checks on aviation components

13 Mar 2025 12:53 pm
Holi 2025 bank holiday: Are banks open or closed tomorrow on March 14 for the festival of colours?

Holi 2025 bank holiday: Are banks open or closed tomorrow on March 14 for the festival of colours? We take a look at the bank holiday schedule for this weekend.

13 Mar 2025 9:03 am
LVMHs Sephora Overhauls Asia Leadership After Setback in China

Sephora Chief Executive Officer Guillaume Motte has taken personal charge of its operations in China, the latest management shift at the LVMH-owned cosmetics retailer as it struggles to win over consumers in the worlds second-largest economy.

13 Mar 2025 8:08 am
Couche-Tard Rules Out Hostile Takeover on Japans Seven & i

Canadian convenience store and gas station operator Alimentation Couche-Tard Inc. said it wont go hostile in its attempt to acquire long-time rival Seven & i Holdings Co.

13 Mar 2025 7:24 am