TCS posts $2.6B annualized AI revenue with $800 million SKF deal
Tata Consultancy Services (TCS) has announced that its **artificial intelligence (AI) business is now generating annualized revenue of approximately $2.6…
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Category: Companies & Business
News on major companies, retail and consumer brands.
China’s exports soar 27%in June, fastest since October 2021
China’s exports surged 27% year-on-year in June, marking their fastest growth since October 2021, as manufacturers accelerated overseas shipments amid…
OnePlus Reportedly Plans Exit From US and European Markets
Reports suggest that OnePlus is preparing to exit the United States and European smartphone markets, marking one of the biggest…
India Eyes Indigenous Stratospheric Surveillance with ₹15,000 Cr Airship Project
India has launched an ambitious ₹15,000 crore programme to develop indigenous stratospheric surveillance airships capable of conducting long-duration intelligence, surveillance,…
ICICI Prudential AMC Q1 Profit Jumps 23% to ₹965 Crore on Higher AUM
ICICI Prudential Asset Management Company (AMC) reported a 23% year-on-year increase in net profit to ₹965 crore for the first…
West Asia Conflict Pushes Asian Paints to announce 12% Price hike
Asian Paints has increased product prices by around 12%, citing a sharp rise in crude oil-linked raw material costs triggered…
Apple Share Price Hits All-Time High as AI Optimism Fuels Stock Rally
Apple Inc. shares climbed to a record high, fueled by growing investor confidence in the company’s artificial intelligence (AI) strategy,…
HCLTech reduced its workforce by 3,292 employees in Q1 FY27
HCLTech reduced its workforce by 3,292 employees during the first quarter of FY27, despite reporting 20% year-on-year growth in net…
BSNL revenue rises 10% to ₹4,418 crore in Q1FY27
State-owned telecom operator BSNL reported a 10% year-on-year increase in its unaudited operational revenue for the first quarter of FY27,…
Elon Musk’s Net Worth Falls Below $900 Billion as SpaceX Shares Near IPO Price
Elon Musk’s net worth has fallen below $900 billion after a sharp decline in SpaceX shares erased a significant portion…