M&M’s Electric SUV Business Swings From ₹101 Crore Loss to ₹288 Crore Profit in FY26
M&M's electric SUV business swung to a ₹288 crore profit in FY26, from a ₹101 crore loss the previous year.
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Category: Companies & Business
News on major companies, retail and consumer brands.
India May Let Reverse-Flipping Companies Retain Legal Identity Under New Corporate Law
A parliamentary committee has proposed letting reverse-flip companies retain their legal identity when relocating their domicile back to India.
Meta’s AI Overhaul Cuts Wipro Revenue by $25 Million From Key Client
Meta's AI-driven restructuring is set to cut Wipro's annual revenue from the client by about $25 million.
Flipkart plans 15 August food delivery launch, targets 10% commission
Flipkart is preparing to enter India’s highly competitive online food delivery market, with an internal launch target of around August…
YRF and Google Explore AI-Powered Storytelling With New Filmmaking Workshop
Yash Raj Films (YRF) and Google have partnered to bring artificial intelligence into Bollywood’s production workflow through a first-of-its-kind AI…
Google’s Vendor Consolidation to Cost HCLTech Upto $50 Million Annually
HCLTech is facing fresh pressure from one of its largest clients after Google initiated a vendor consolidation program aimed at…
Smartphone Retailers asks Brands to End Zero-Cost EMI to Lower Handset Prices
India’s smartphone retailers have urged leading mobile brands to discontinue zero-cost EMI schemes, arguing that these financing offers are making…
Chinese VC Firms Seek $35 Billion as Fundraising Rebounds After 3-Year Drought
China’s venture capital industry is showing signs of recovery after a prolonged fundraising slowdown, with leading investment firms launching an…
Amazon plan refunds to eligible customers after $600M tariff payout
Amazon plans to refund eligible customers after receiving a $600 million reimbursement linked to U.S. tariffs, marking one of the…
Truth Social launch $100,000 subscription, an early access to posts
U.S. President Donald Trump has launched a premium subscription service priced at $100,000 per month, offering paying organizations and businesses…