India to contest proposed 12.5% US tariffs on exports
In a major trade confrontation, New Delhi is mounting an aggressive defense against a proposal by the Office of the…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Walmart heir Lukas Walton buys minority stake in Chicago Bulls
In a major off-the-court ownership update, billionaire Lukas Walton and his wife, Samantha, have officially acquired a minority stake in…
Nike results top estimates; retailer expects $986 million tariff refund
Nike delivered a stronger-than-anticipated fiscal fourth-quarter earnings report, topping Wall Street expectations on the headline numbers. However, the corporate win…
Ford Q2 sales drops 10.3%
Ford Motor Company reported a 10.3% decline in U.S. vehicle sales for the second quarter, delivering 549,200 units compared to…
Iran exploring oil sales to Japan, buyers seek longer sanctions waiver
In a significant diplomatic and economic development, Iran has initiated preliminary talks with Japanese buyers to resume crude oil sales…
India considers dedicated AI law
In a major shift in digital policy, the Union Ministry of Electronics and Information Technology (MeitY) has officially commenced discussions…
Mumbai Ahmedabad bullet train tunnel work starts
Key takeaways Tunnel work is starting on a key stretch of the Mumbai Ahmedabad bullet train project. The line is…
Maharashtra ban sale of energy drinks within 500-m radius of schools
In a decisive move to protect child health, the Maharashtra government has announced a ban on the sale of energy…
Chennai water loan: ADB backs supply and sewage upgrade
Key takeaways The Chennai water loan is a $230 million loan from the Asian Development Bank. It aims to improve…
HDFC Bank Q1 update shows 15% growth in loans, deposits
Key takeaways HDFC Bank Q1 update shows gross advances and deposits both grew about 15% from a year ago. Total…