Amazon mobile satellites plan targets 5,408 spacecraft
Key takeaways Amazon has asked U.S. regulators to approve a network of 5,408 new satellites. The proposed system could support…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
ByteDance AI Revenue May Reach $4B as Lark Is Reshaped
Key takeaways ByteDance reportedly expects its AI business to bring in about US$4 billion. The company is changing how it…
ED Investigates Gameskraft Over Alleged Bot Use, InMobi Comes Under Scrutiny
ED is investigating Gameskraft over alleged bot-driven illegal betting, with ad-tech firm InMobi also under scrutiny.
Govt to Allow Private Labs to Verify Electricity Meters in Billing Disputes
The government is considering letting private labs independently test electricity meters when consumers dispute their bills.
Tata Steel Ends 25-Year JV With Germany’s Martrade in ₹335 Crore Buyout
Tata Steel ends its 25-year JV with Germany's Martrade, buying out its 23% stake for ₹335 crore.
Food Corporation Sold Rice to Ethanol Plants at Lower Price Than It Paid for the Grain
FCI sold rice to ethanol plants at ₹2,250-₹2,320 per quintal, well below its average procurement cost of about ₹3,720 per…
Swiggy Spends ₹1,160 Crore on Advertising in Q1 FY27
Swiggy raised its Q1 FY27 advertising spend 12% year-on-year to ₹1,160 crore as it expanded its quick commerce ecosystem.
Swiggy Q1 Results: Revenue Up 37% to ₹6,812 Crore, Loss Down 34%
Swiggy Q1 results show revenue up 37% to ₹6,812 crore and net loss down 34% to ₹791 crore, with Instamart…
Indian Steel Exports May Fall Up to 30% in FY27 as EU Tightens Quotas
India steel exports may fall 25-30% in FY27 as the EU tightens safeguard quotas, pushing more supply into the domestic…
Tata Steel Q1 Results: Profit Rises 19% to ₹2,385 Crore
Key takeaways Net profit rose 19% from a year earlier to ₹2,385 crore. Revenue grew 14% to ₹63,616 crore during…