Apple Sends Legal Letters to About 40 OpenAI Employees in Trade Secrets Case
Apple has sent evidence-preservation letters to roughly 40 ex-Apple staff now at OpenAI, widening its trade secrets lawsuit over hardware…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
RBI Guidelines for Banks: Verify Trade Records Against Client Documents
New RBI guidelines for banks require lenders to verify trade records against client documentation before processing import, export and forex…
Axis Bank Plans to Hike Stake in Axis Max Life Insurance to 30%
Axis Bank plans to raise its Axis Max Life Insurance stake to 30%, deepening its bancassurance tie-up with Max Financial…
PNB Seeks $2.5 Billion via FCNR-B Deposits, Has Raised $425 Million
PNB targets $2.5 billion in FCNR deposit inflows from NRIs and has already mobilised about $425 million to strengthen its…
US import prices rose 7.1% in June, 3rd straight month
U.S. import prices rose 7.1% year-on-year in June, marking the third consecutive month of annual acceleration and the largest increase…
Raj Kundra Loses UK Court Case, Ordered to Pay $4.94 Million Over Rajasthan Royals Stake
Raj Kundra's UK court battle ends in defeat as the High Court orders a $4.94 million payment over a Rajasthan…
Indian IT Industry Faces Margin Pressure as Clients Seek Up to 40% Contract Discounts
Clients are demanding up to 40% discounts on IT contracts, squeezing margins across the Indian IT industry as AI productivity…
Skyroot Aerospace Targets One Rocket Launch Every Month From 2027
Skyroot Aerospace plans to scale from quarterly to monthly Vikram rocket launches by 2027 after Vikram-1's successful orbital debut.
Myntra uses AI to cut seller onboarding to under 2 days
Myntra has significantly accelerated seller onboarding by deploying artificial intelligence across its onboarding workflow, reducing the process to less than…
Skechers India Opens 450th Store, Bets on Tier II and Tier III Growth
Skechers India has opened its 450th retail store, deepening its push into metro, Tier II and Tier III cities as…