Didi Q2 Profit Hits $128m as Ride-Hailing Turns Positive
Key takeaways Didi reported $128 million in net income for the second quarter. The result marks a return to profit…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
India Test Preparation Market to Reach $26B by FY30
Key takeaways The India test preparation market could reach $23 billion to $26 billion by FY30. Big entrance exams and…
OpenAI Revenue Tops $40B as IPO Talk Builds
Key takeaways OpenAI has reportedly doubled revenue to more than $40 billion. The figure points to fast growth in paid…
Trump Drone Tariffs Set at 100%: What Changes
Key takeaways President Donald Trump says many imported drones and all aircraft parts will face a 100% US tariff. A…
Urea Import Prices Fall 12% as Global Supply Eases
Key takeaways India’s urea import prices have dropped about 12% as global supply pressure cools. Lower prices could reduce the…
Tencent Shares Fall as AI Spending Hits Profit
Key takeaways Tencent shares fall after investors focused on the cost of its AI push. The company is spending heavily…
India’s Rare Earth Magnet Scheme Draws 20 Company Bids
Key takeaways Twenty companies have bid for India’s ₹7,280-crore rare earth magnet scheme. The plan aims to build local production…
BSNL Installs 98,557 Indigenous 4G Sites, Nears 1 Lakh Target
BSNL has installed 98,557 indigenous 4G sites, 98.6% of its target, with just 1,443 remaining and nearly 99% of installed…
LG Electronics India Q1 Profit Rises 27.2% to ₹653 Crore
LG Electronics India Q1 FY27 net profit rose 27.2% to ₹653 crore as revenue grew 15.5% to ₹7,233 crore and…
India Electronics Exports Rise 11-Fold to ₹4.24 Lakh Crore
Key takeaways India’s electronics exports have grown 11 times to ₹4.24 lakh crore. The sector’s exports were worth about ₹38,000…