The U.S. Department of Energy proposed energy efficiency guidelines for water heaters on Friday, claiming that doing so would result in yearly consumer savings of $11.4 billion on energy and

American Airlines Group Inc. has boosted the amount of the contract offer it is making to its pilots by more than $1 billion in an effort to win their approval

This month saw the release of the Q1 FY 2023–24 results from Indian IT Giants Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech. Comparing the current quarter to the previous one, the enterprises have seen a sharp decrease in workforce addition.

Billionaire investor Radhakishan Damani, the founder of Avenue Supermarts has made an acquisition by purchasing Health and Glow a known beauty and personal care retail chain based in Bangalore. The

As the Chinese economy faces challenges in its post-pandemic recovery, Chinese authorities have taken steps to bolster sales in the automobile and electronics sectors. However, these measures have failed to meet investor expectations, who are calling for more robust stimulus to stimulate growth.

On November 21, Prime Minister Narendra Modi is set to inaugurate the Surat Diamond Bourse (SDB), a groundbreaking project that is being hailed as the world’s biggest office space in a single development. This ambitious initiative aims to expand and relocate the diamond trading business from Mumbai to Surat, the diamond-cutting and polishing hub of India. With its grand scale, state-of-the-art infrastructure, and focus on promoting trade, innovation, and collaboration, the Surat Diamond Bourse is poised to become a central pillar of India’s diamond industry and a testament to the country’s entrepreneurial spirit.

Bain Capital is currently, at the forefront of the competition to acquire a majority stake in Adani Capital for an amount of Rs 1,500 crore. The Adani Group intends to divest from core businesses and utilize the funds to strengthen its core ventures. Adani Enterprises has received backing from a consortium led by SBI for its PVC project located at Mundra Port. The recent approval from a panel established by the Supreme Court has instilled confidence in Adani’s plans for expanding its business. However, the allegations made in the Hindenburg report have had an impact on share prices. Hindered Adani Enterprises plans, for a follow on public offer.

Elon Musk’s wealth dropped by $20.3 billion on Thursday after Tesla Inc. issued a warning that it could need to keep slashing the price of its electric cars.

Twitter appears to be working on a job posting function or jobs tool on Twitter that would enable recognized firms to post job postings on their profiles in an effort to compete with the professional social networking site LinkedIn.

Adani’s 34,000 crore PVC project in Mundra would be funded by a consortium of PSBs led by SBI. According to a report by The Hindu Businessline (BL), a group of banks led by the State Bank of India (SBI) have agreed to fund a significant portion of the 34,000 crore polyvinyl chloride (PVC) project in Mundra by the Adani Group. The PVC project is expected to reach a financial close by the middle of August with loan support from SBI. 

Tata Sons revealed plans to build a gigafactory in the UK with the ability to create 40GW of batteries yearly. Customers in the UK and Europe will receive electric mobility and renewable energy storage solutions thanks to the over £4 billion investment.

Finnish telecommunications equipment group Nokia (NOKIA.HE) reported a decline in second-quarter profit due to a decrease in margin, primarily caused by a slowdown in the sales of 5G gear in low-margin markets, such as India.