Hyundai Motor exits Ola Electric with 552 crore stake sale; Kia also offloads shares
Hyundai Motor Company fully exited Ola Electric Mobility, selling its 2.47% stake for Rs 552 crore. Kia Corporation also divested a 0.62% stake for Rs ...
Evergent of US opens global value centre in Hyderabad with plans to hire 1,000 techies by 2025 end
Evergent, a California-based AI-powered SaaS provider, has launched its global value center in Hyderabad, already employing 600 professionals and planning to expand to 1,000 by ...
UBS raises India’s FY26 GDP growth forecast to 6.4% citing domestic demand amid trade tensions
UBS has revised India’s FY26 GDP growth forecast upwards to 6.4% from 6%, citing resilient domestic demand and potential trade benefits. This adjustment considers factors ...
Victoria’s Secret delays earnings release after cybersecurity breach disrupts operations
Victoria’s Secret has postponed its quarterly earnings release following a security breach that disrupted operations and forced its US website offline. The company detected the ...
Tesla accelerates India strategy with new office lease in Mumbai’s Kurla
Tesla is expanding its presence in India, leasing a new 24,500 sq ft office space in Kurla West, Mumbai, to bolster its manufacturing and supply ...
India invokes WTO mechanism to address US safeguard duties on auto components
Bharat has formally requested consultations with the United States under the WTO. This challenges American tariffs on automobile parts. The move follows Bharat’s earlier decision ...
India’s domestic economic conditions will continue to be supportive for growth: Moody’s Rating
Moody’s Ratings anticipates India’s robust domestic economy will sustain growth, enabling banks to maintain healthy asset quality. System-wide nonperforming loan (NPL) levels are projected to ...
First Vande Bharat maintenance depot under construction in Rajasthan’s Jodhpur division
Indian Railways is constructing its first dedicated Vande Bharat Express maintenance depot in Bhagat Ki Kothi, Jodhpur, expected to be operational by the end of ...
OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war
The OECD has downgraded its global economic growth predictions due to the escalating trade war spurred by US tariffs. The revised forecast indicates a slowdown ...
No product, no pitch, just buzzwords: Indian-origin grad claims he tricked VCs with fake startup idea
Bhavye Khetan, a UC Berkeley graduate, ignited a debate about startup funding by creating a fake founder persona. He secured responses from 27 VCs, with ...
