Unacademy founders exit operations amid strategic shift; Sumit Jain named CEO: Report
Unacademy is undergoing a significant leadership transition as co-founder Gaurav Munjal steps down as CEO, with Sumit Jain, a current board member, taking over. This ...
Macy’s beats Q1 estimates but lowers 2025 profit outlook amid tariff impact
Macy’s Inc. reported a first-quarter sales and profit decline, yet surpassed Wall Street expectations. The company is carefully managing its pricing strategy amid the evolving ...
Sebi bars former IndusInd Bank CEO Sumant Kathpalia, 4 others from accessing securities markets
Sebi has barred former IndusInd Bank CEO Sumant Kathpalia and four others from the securities market, impounding ₹19.78 crore. The regulator alleges they traded on ...
Donald Trump’s social media firm targets $2.5 billion investment to establish ‘bitcoin treasury’
Trump Media & Technology Group, operator of Truth Social, plans to secure $2.5 billion, including establishing a “bitcoin treasury.” The company secured agreements with institutional ...
British American Tobacco trims ITC stake by 2.5% in Rs 12,941 crore deal to boost financial flexibility
British American Tobacco Plc divested a 2.5% stake in ITC Ltd for Rs 12,941 crore, reducing its shareholding to 22.94%. The sale, executed through open ...
India’s data centre sector draws $15 billion since 2020, set to add $20-$25 billion by 2030: Report
India’s data centre sector has attracted $15 billion since 2020 and anticipates $20–25 billion more over the next six years. Fueled by digital transformation, capacity ...
Wall Street steady ahead of Nvidia earnings; Macy’s, GameStop rise on strong updates
US stocks remained stable as investors awaited Nvidia’s earnings and digested mixed global economic signals. Retailers saw gains, while GameStop and Trump Media explored Bitcoin ...
N Chandrasekaran to step down as Tata Chemicals chairman and director, S Padmanabhan named to take over
N Chandrasekaran will resign as Chairman and Director of Tata Chemicals, effective May 29, 2025, citing a reassessment of his commitments. S Padmanabhan, a current ...
India’s industrial output growth slows to 2.7% in April 2025, weighed down by mining & power sectors
India’s industrial production growth decelerated to 2.7% in April 2025, a significant drop from the 5.2% growth recorded a year prior. This slowdown was primarily ...
India’s industrial output growth slows to 2.7% in April 2025, weighed down by mining & power sectors
India’s industrial production growth decelerated to 2.7% in April 2025, a significant drop from the 5.2% growth recorded a year prior. This slowdown was primarily ...
