Tesla’s Net Profit Drops 43% in Q3 2026 as AI Spending Pressures Earnings
Tesla reported a 43% year-over-year decline in net profit for the third quarter of 2026, with net income attributable to common stockholders falling to $787 million…
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Akasa Air to Get First Boeing 737 MAX 10 in 2027 After FAA Certification
Akasa Air is expected to receive its first Boeing 737 MAX 10 aircraft in 2027, marking an important step in…
Havells India Q2 Results: Net Profit Rises 9.7% to ₹349 Crore, Revenue Jumps 34.6%
Havells India reported a 9.7% year-on-year increase in consolidated net profit to ₹349.22 crore for the second quarter of FY2026-27,…
Shiprocket’s Fastrr Enters Food Commerce With Punjabi Angithi and Bikkgane Biryani Partnerships
Shiprocket’s AI-native commerce platform, fastrr, has entered India’s food-commerce market through partnerships with Punjabi Angithi, operated by Vegorama Group, and…
Jio Platforms IPO Subscription Crosses 3.65X on Day 2 as Retail Portion Gets Fully Booked
Jio Platforms’ ₹30,213 crore initial public offering (IPO) attracted strong demand on its second day of bidding, with the retail…
Sapphire Foods Cuts Q2 Loss to ₹1.5 Crore as KFC and Pizza Hut Value Deals Drive Sales
Sapphire Foods India, the operator of KFC and Pizza Hut restaurants, narrowed its consolidated net loss to ₹1.51 crore in…
RBI Deputy Governor Swaminathan Warns Banks Against Weakening Controls, Mis-Selling and Customer Data Risks
The Reserve Bank of India (RBI) has warned banks and other financial institutions against weakening internal controls as they adopt…
eBay to Cut 9% of Workforce in Second Round of Layoffs in 2026
eBay plans to eliminate approximately 9% of its workforce, affecting around 1,000 employees, as the e-commerce company reorganizes its operations…
Barclays to Cut 5,000 Jobs, Nearly 5% of Workforce
Barclays plans to cut approximately 5,000 jobs by the end of 2026 as the British banking group increases its use…
NVIDIA Releases Nemotron 3.5 Embed, Rerank and Parse Open Retrieval Models
NVIDIA has expanded its open AI model portfolio with five Nemotron 3.5 retrieval models designed to help AI agents find,…
Witnessing Others Break Rules May Encourage People to Do the Same, Study Finds
Seeing someone else break a rule can make people more willing to violate it themselves, according to new research published…
Spotify Removes 50M AI-Generated Tracks From Recommendations
Spotify has removed more than 50 million tracks classified as AI-generated “slop” or spam from its recommendations over the past…
Rajasthan Police Data Allegedly Hacked, 70,000 Records Exposed
Rajasthan Police is facing allegations of a cybersecurity breach after a hacker group identified as Scarlettgroup claimed to have stolen…
Bajaj Broking Expands Into Commodity Trading With New Digital Platform
Bajaj Broking has expanded its digital trading platform to include commodity derivatives, giving customers access to contracts across precious metals,…
China Stocks Near Bear Market as AI Trade Weakens and Stimulus Hopes Fade
China’s mainland stock market moved closer to a technical bear market on October 22, 2026, as investors retreated from artificial…
Fusion CX Shares List at 5.5% Premium on NSE: Should Investors Buy, Sell or Hold?
Fusion CX shares made a positive stock-market debut on October 22, 2026, listing at ₹305 per share on the National…
Balkrishna Industries Shares Rise as Company Strikes Tyre Production Deal With Pirelli
Shares of Balkrishna Industries, the Indian manufacturer behind the BKT tyre brand, gained after the company announced a strategic partnership…
China’s DeepSeek Raises $15 Billion to Challenge Top US AI Labs
Chinese artificial intelligence startup DeepSeek is reportedly raising approximately $15 billion in a major funding round that could strengthen its…
Flipkart Sees Fresh Leadership Churn, With at Least 14 Senior Exits in a Year: Report
Flipkart, the Walmart-owned e-commerce company, is facing continued senior-level leadership turnover, with at least 14 senior executives reportedly leaving the…
Legal AI Startup Legora Raises $550 Million at $8.8 Billion Valuation
Swedish legal artificial intelligence startup Legora has raised $550 million in a Series E funding round at an $8.8 billion…
Indian AI startup ‘Simplismart’ in talks to raise $40-50 million
Simplismart, an artificial intelligence infrastructure startup founded by former Oracle and Google engineers, is reportedly in talks to raise $40…