Energy giant Shell (SHEL.L) announced on Thursday a significant 56% decrease in its second-quarter profit, bringing the figure down to $5 billion. This decline was primarily attributed to the drop

The Federal Reserve raised its benchmark interest rate by a quarter-point, marking the highest rate in 16 years, due to elevated inflation. The policy statement suggests the possibility of further

M&M, the conglomerate, with expertise in technology and tractors has recently invested Rs 417 crore ($50 million) to acquire a 3.53% stake in RBL Bank. This move indicates their interest

Beyond Snack, a known brand of banana chips, from Kerala, has successfully raised $3.5 million in funding with NABVENTURES Fund taking the lead. Established in 2020 the brand intends to

A court order to restructure Amazon’s enormous $1.3 trillion empire may be issued as a result of the lawsuit’s broad implications. A significant antitrust case against Amazon is apparently being

On Thursday, Samsung Electronics announced plans to extend output cuts due to a cautious prognosis for the global semiconductor market and the fact that the demand recovery is mostly limited

Leading chipmakers including Foxconn, AMD, Micron, and IBM will be present at the Gandhinagar, Gujarat, Semicon India conference.  The purpose of the event is to draw investment into the Indian

In an effort to compete with Tesla (TSLA.O) and to benefit from Biden administration subsidies, seven major automakers announced on Wednesday that they were establishing a new company to provide electric vehicle charging in the United States.

The banking industry in India is grappling with a growing trend of attrition, particularly affecting the sales division. During an earnings call, Yes Bank’s CEO, Prashant Kumar, acknowledged the industry-wide issue and emphasized the bank’s efforts to control attrition, setting a target of limiting overall employee turnover to 25-30%.

Regulators in the United States are preparing to draft a rule that will likely dramatically increase the capital requirements for larger banks, requiring them to reduce expenses and hold onto profits in an effort to protect against future losses that would affect clients and investors.

Foxconn, the electronics manufacturer is currently engaged in talks, with the government of Tamil Nadu regarding an investment of $200 million to establish a manufacturing plant for electronic components.

Nick Clegg, Meta’s Global President, recently spoke with Rahul Kanwal on India Today in an exclusive and informative debate about artificial intelligence (AI).