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Mid-year ecommerce sales set to cool as costs heat upOnline sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day and Raksha Bandhan coincided, boo...- L&T says unit that houses drones to see threefold revenue growth over five yearsLarsen and Toubro is optimistic about its drone division, projecting that revenues will triple within five years. To support this growth, t...
- Global investors rebuild positions in South Korean stocks after volatile JulyGlobal investors are returning to South Korean equities after a sharp leverage-driven selloff, with renewed buying in semiconductor stocks ...
- AI keeps consumer prices high in 'RAMaggedon' chip crunchMemory chip prices are rising significantly due to artificial intelligence demand. This shortage is impacting consumer electronics and pote...
- Apple posts record June quarter revenue of $109.4 billion; flags higher memory chip prices as pressure pointApple reported an all-time high revenue of $ 109.4 billion for the June quarter, marking a notable surge in emerging markets, particularly ...
- Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
- AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
- US stocks: US market ends mixed as investors focus on tech earningsWall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace ta...
- Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- South Africa's data centre 'gold rush' risks resource crunchSouth Africa is becoming Africa's digital hub with expanding data centres. This growth, however, raises concerns about electricity and wate...
- South Africa's data centre 'gold rush' risks resource crunchEmerging as the digital powerhouse of Africa, South Africa's expanding data centers play a vital role in reinforcing national security and ...
- South Korea promises free homegrown AI chatbot this yearAs the technology has spread, countries have become increasingly concerned with so-called "AI sovereignty" -- developing domestic models se...
- Clients seek up to 40% discount on IT contractsThis trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequent...
- AI is reshaping hiring, making evidence-based verification more critical: Millow's Karan BhattyAI is revolutionising Indian hiring by enhancing candidate preparation and employer verification processes. Companies now prioritise eviden...
- From Hot Wheels to Funko Pops: Why India's adults are collecting toys to buy back their childhoodMove over, kids. Grown-ups have discovered the joy of spending adult money on toys, collecting everything from Funko Pop figurines and supe...
- FIFA World Cup beer sales are hopping. Brewers hope the stout demand outlasts the tournamentIn the U.S., beer consumption has fallen steadily for a decade, according to the Brewers Association, a trade group for craft brewers. Cana...
- Novo Nordisk's obesity drug Wegovy wins India approval to fight silent fatty liver killerIndia's drug regulator approved Novo Nordisk's Wegovy for MASH treatment. This drug targets a serious progressive form of fatty liver disea...
- Price hikes push buyers towards refurbished smartphones and laptopsIndia's refurbished device market will significantly outperform new sales this year. Rising memory costs are pushing up prices for new smar...
- Price hikes keep budget phone, TV buyers awayEntry-level smartphone and television sales have declined for the first time in over a decade. Successive price increases, driven by memory...
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