OpenAI Revenue Hits $6.7B As Anthropic Overtakes With $11.6B In Q2
OpenAI revenue grew 18% to about $6.7 billion in Q2 2026, while Anthropic more than doubled to $11.6 billion and…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Gold Lending By NBFCs Surges 70% Despite RBI Tightening
NBFC gold loan books grew 69.3% year-on-year to ₹3.41 lakh crore in June 2026, outpacing retail credit even as the…
Nokia To Close Almost All Mainland China Sites By Year-End
Nokia plans to shut almost all of its mainland China sites by the end of 2026 and cut most of…
500 Global Mints 77.6X Return From Shiprocket IPO
Shiprocket's IPO handed 500 Global a 77.6X return and Tribe Capital 7.6X, while Lightrock is set to exit below its…
Amazon India Revenue Rises 15% To ₹34,967 Crore In FY26
Amazon India's marketplace arm grew operating revenue 15% to ₹34,966.8 crore in FY26, moved into operating profit and narrowed net…
ByteDance’s $20 Billion Loan Gets Over $30 Billion In Lender Orders
ByteDance's $20 billion syndicated loan drew more than $30 billion in lender orders, as the TikTok owner funds a roughly…
Apple App Store EU Fees: New 5% Commission And Rules Explained
Apple is replacing its per-install Core Technology Fee in the EU with a 5% commission on digital transactions for apps…
Anthropic Targets $10 Billion Credit Facility Ahead Of IPO
Anthropic is preparing a revolving credit facility expected to exceed $10 billion as it moves closer to a potential IPO,…
Anthropic Plans Supervoting Power For Founders Ahead Of IPO
Anthropic plans a special share class giving Dario Amodei and co-founders enhanced voting rights ahead of a potential IPO.
India’s Crude Import Bill Rises 41% To $13.7 Billion In July
India's crude import bill rose 41% year-on-year to $13.7 billion in July as higher prices and volumes lifted energy costs,…