Govt plans Financial Aid for IOC, BPCL and HPCL amid ₹75,000 Crore Losses
The Indian government is considering a financial relief package for state-run oil marketing companies (OMCs) after they incurred an estimated…
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Category: Companies & Business
News on major companies, retail and consumer brands.
OpenAI raises 2030 capex forecast to $750 billion
OpenAI has significantly increased its long-term infrastructure spending plans, raising its projected capital expenditure (capex) through 2030 to $750 billion,…
Google reported negative cash flow for the first time as AI spending surges
Google’s parent company, Alphabet, has reported negative free cash flow for the first time, according to an analysis by Fiscal…
Google Cloud Q2 revenue jumps 82%
Alphabet delivered a standout performance in the second quarter of 2026 as artificial intelligence (AI) continued to fuel growth across…
Google Q2 Revenue rise 24% to $119.8 Billion
Alphabet, Google’s parent company, reported a blockbuster second quarter for 2026, with revenue increasing 24% year over year to $119.8…
Tesla Q2 Revenue Jumps 26% to $28B but Profitability Remains Under Pressure
Tesla reported a strong rebound in second-quarter revenue, with total revenue rising 26% year-on-year to $28.2 billion, driven by record…
Amazon Lays Off Staff in AGI Division Amid AI Strategy Realignment
Amazon has announced a fresh round of job cuts within its Artificial General Intelligence (AGI) organization as the company restructures…
Blinkit Q1 FY27 Daily Orders Cross 36 Lakh as Dark Store Count Tops 2,400
Blinkit continued to strengthen its leadership in India’s quick-commerce market during the first quarter of FY27, delivering a record 331…
HPCL post ₹11,526 Crore loss in Q1 FY27, Revenue Climbs 17%
Hindustan Petroleum Corporation Ltd. (HPCL) reported its first quarterly loss since 2022 in the first quarter of FY27, posting a…
Eternal spends Rs 945 crore on advertising in Q1 FY27
Eternal Ltd., the parent company of Zomato and Blinkit, continued to invest aggressively in customer acquisition and brand building during…