US Federal Deficit Set to Hit $2.1 Trillion as Spending Outpaces Tax Revenue
The US deficit is projected to reach $2.1 trillion in fiscal 2026, the CBO says, as spending and interest costs…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
India’s Top 300 Family Businesses Reach $1.46 Trillion Valuation
India's 300 most valuable family businesses are now worth ₹138 lakh crore ($1.46 trillion), led by the Ambani family, the…
Matrimony Q1 Profit Jumps 2.2X to ₹19.1 Crore, Revenue Up 13%
Matrimony.com more than doubled Q1 FY27 net profit to ₹19.1 crore as operating revenue rose 13% to ₹130.5 crore on…
Foxconn AI Server Boom Drives 35% Q2 Profit Growth, Revenue Up 41%
Foxconn Q2 net profit rose 35% to NT$59.97 billion as AI server demand lifted revenue 41%, pushing the contract manufacturer…
Dish TV Q1 Loss Rises to ₹286 Crore, Subscription Revenue Falls 41%
Dish TV India's Q1 FY27 net loss widened to ₹286.3 crore from ₹94.53 crore a year earlier as subscription revenue…
Adani Group Secures $800 Million Loan for Data Centre Business
Adani has secured an $800 million loan to fund a major India data centre project, boosting its AI infrastructure ambitions.
Modern Bazaar in Talks With Reliance Retail for Strategic Investment
Premium supermarket chain Modern Bazaar has approached Reliance Retail for a strategic investment or majority stake sale as quick commerce…
Ola Electric Secures 5-Year PLI Window, Eyes Up to ₹7,240 Crore in Incentives
Ola Electric has secured a revised five-year PLI timeline for advanced chemistry cells, keeping it eligible for incentives of up…
Policybazaar Faces New Growth Test as GST-Driven Insurance Demand Fades
The GST reform boost to insurance demand is fading, putting PB Fintech-owned Policybazaar's next growth phase under scrutiny despite a…
Uber Expands to 220+ Indian Cities With Major Bike-Taxi Push
Uber is taking its bike-taxi service to 100 more Indian cities, crossing 220 cities across 18 states as it steps…