Zomato’s active restaurant count fall for first time in Q1 FY27
Food delivery platform Zomato recorded the first-ever decline in its active restaurant base during the first quarter of FY27, with…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Stripe to buy startup OpenRouter for $10 billion
Payments giant Stripe is reportedly in advanced talks to acquire AI model marketplace OpenRouter in a deal valued at approximately…
Foxconn Signals India’s Shift Toward High-Value Electronics Manufacturing
Foxconn’s latest investments in India highlight the country’s transition from a low-cost manufacturing destination to a strategic hub for high-value…
Patanjali Foods Ordered to Recall Wheat Flour Batch Over Excess Pesticide Residue
Patanjali Foods has been directed to recall a specific batch of its wheat flour after food safety authorities detected chlorpyrifos…
Infosys fined €175,000 by French regulator over employee time-tracking system
Infosys has been fined €175,000 (approximately ₹2 crore) by French labour authorities after its employee working time recording system was…
SoftBank’s $40 Billion OpenAI Loan Attracts 21 New Lenders
SoftBank Group has significantly expanded the financing syndicate backing its planned investment in OpenAI, securing commitments from 21 new lenders…
Samsung & SK Group Seal $950 Billion AI Deals With US Tech Companies
South Korean technology giants Samsung Electronics and SK Group have announced long-term agreements worth a combined $950 billion with leading…
Naver Shares Jump 10% After Nvidia’s Reported $1 Billion Investment Plan
Shares of Naver Corp., South Korea’s largest internet company, surged as much as 10% after reports that Nvidia plans to…
Bank of Baroda 1TB data leaked, account details, names and Aadhaar available online
Bank of Baroda is investigating reports of a suspected cybersecurity breach after a threat actor allegedly claimed to have leaked…
Russia’s Oil Discounts Vanish as India Ramps Up Purchases During U.S.-Iran Conflict
India’s purchases of Russian crude oil witnessed dramatic price swings during the recent U.S.-Iran conflict, highlighting how geopolitical tensions can…