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Sony’s Gaurav Banerjee dismisses concerns over foreign investment in India’s media sectorCiting the presence of YouTube, Netflix and Amazon, Banerjee said global media companies recognise India’s long-term growth potential and c...
UK study visa applications hit a five-year low as universities face billions in lost economic benefits: ExplainedIn the UK, study visa applications have decreased by 10.3 percent compared to last year, hitting a five-year low. The decline is attributed...
Elon Musk's Starlink responds to Reliance, says ‘ready to connect India’ with high-speed internetStarlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with re...
Urban Company's Q2 loss triples on InstaHelp burn; CEO Bhal says ready to 'respond in full' to rivalsWith competition in the instant househelp segment remaining intense, InstaHelp's post-discount average order value (AOV) fell about 12% to ...
Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoYUrban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitabil...
Urban Company board approves plan to raise Rs 2,500 crore via QIPIn a letter to shareholders, the Gurugram-based company said it had Rs 1,901 crore in cash as of September 30, while its businesses excludi...
Meta’s Muse Spark Open is free to download, but comes with strings attachedThe main commercial restriction applies to companies that offer AI models as a service, giving customers model outputs through an applicati...
US announces new Iran-related sanctions targeting 16 people, 10 entitiesThe United States has imposed sanctions on 16 individuals and 10 entities connected to Iran's financial operations. US Treasury Secretary S...
What Akash Ambani said on Jio tariff hikes ahead of record IPO launchAkash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ah...
From Rs 3,500 salary to Rs 1.5 crore per month: How this Ghaziabad man built an e-bike company with his wife's savingsGhaziabad's Krishna Grover, who started his career with a monthly salary of Rs 3,500, left his corporate job to build Herald E-Bike with su...
Air India tightens spending controls as it battles losses and high fuel costsAir India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. The airline ...
Radisson India revenue to cross €500 million this year, eyes €750 million in four yearsRadisson Hotel Group anticipates its revenue in India to surpass 500 million Euros this year and aims for over 750 million Euros in the nex...
Toothsi parent MakeO raises Rs 90 crore to expand dental care businessThe company plans to use the capital to strengthen its manufacturing and technology facility in Mumbai, integrate operations following its ...
UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s whyGlobal brokerage firm UBS maintained a Buy rating on CarTrade Tech with a target price of Rs 4,000, citing strong monetisation potential in...
In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...
CureMeAbroad revenue grows 4.4X across Q1 and Q2Initially specializing in cosmetic procedures, the company is now set to broaden its scope by incorporating orthopaedic and dental treatmen...
AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
India's TCS senior staff will miss out on variable pay for September quarter, memo showsIn a groundbreaking decision, Tata Consultancy Services has announced that senior employees, specifically those at the C3A grade and higher...
In 2005, a US couple sold their farm during bankruptcy, IRS sent them a tax bill, Supreme Court settled who paysThe case, Hall v. United States, involved Lynwood and Brenda Hall, who filed for bankruptcy under Chapter 12 of the US Bankruptcy Code in A...
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...