Indian Overseas Bank to Sell ₹12,000 Crore of Bad Loans to Improve Asset Quality
Indian Overseas Bank has appointed an external advisor to help sell over ₹12,000 crore worth of non-performing assets tied to…
From the newsroom
Reddit Plans to Be a Search Engine: CEO Unveils Platform Evolution
Reddit CEO Steve Huffman says the platform is becoming a search engine by integrating AI tools with native search, positioning…
OpenAI Annualized Revenue Hits $12 Billion in 2025
OpenAI annualized revenue reached $12 billion in July 2025 as weekly ChatGPT users hit 700 million and the company prepared…
GitHub Copilot surpasses 20 million all-time users
GitHub Copilot has exceeded 20 million all‑time users, adding 5M in just three months and now used by 90% of…
Anthropic Overtakes OpenAI in Enterprise LLM API Market Share
A Menlo Ventures report finds Anthropic now leads enterprise LLM API usage with 32% share, ahead of OpenAI at 25%…
Honeybee Venom Can Kill Cancer Cells in 60 Minutes, Study Shows
Australian researchers found that honeybee venom and its main peptide melittin destroyed 100% of aggressive triple-negative and HER2-enriched breast cancer…
Thinking Machines Lab Rejects Meta’s $1 Billion Offer Amid Talent War
Thinking Machines Lab turned down Meta’s more-than‑$1 billion recruitment offer for top AI researchers, maintaining independence after raising $2 billion at a…
Xiaomi Sold Nearly 50,000 Units of AI Glass in First 3 Days
Xiaomi’s AI Glasses sold nearly 50,000 units across online and offline channels in just three days from launch—breaking China’s smart…
Lenskart Turns Profitable in FY25 With ₹297 Crore Net Profit
Lenskart ends its loss streak, reporting a ₹297 crore net profit in FY25 on ₹6,652 crore revenue—a sharp turnaround ahead…
Zepto Posts ₹11,110 Crore Revenue in FY25
Quick commerce platform Zepto posted ₹11,110 crore in revenue for FY25—up 149% from the prior year—with plans to go public…