LG Electronics said on Thursday that its fourth-quarter operating profit more than quadrupled from a year earlier on robust sales of home appliances and automotive parts....
Despite the funding winter induced by tightening global monetary environment, Indian startups saw $8.4 billion of capital pour into them in 2023. Over the last couple of years, Indian startups have embraced the new normal of having to improve unit economics, shorten their path to profitability and look to build strong and res...
Cloud software major SAP has announced a company-wide restructuring programme in 2024 that will affect approximately 8,000 positions....
Microsoft has reached the coveted $3 trillion mark and became the second company after Apple to achieve this feat. ...
Elon Musk-run Tesla has reported $7.9 billion in net income and $25.2 billion in revenue during the fourth quarter of 2023, a 3 per cent growth from the same quarter last year. ...
Family companies are the hidden engines of the global economy. More than 90 per cent of all companies are family companies. These include many of the world’s biggest organisations such as LVMH Moet Hennessy Louis Vuitton SE in France and Samsung Electronics Co. in South Korea, Bloomberg reported. ...
India's business activity surged to a four-month high in January with both manufacturing and services recording a robust growth, according to a private sector survey released on Wednesday. ...
Cricket non-fungible token (NFT) platform Rario has announced to shut down its current product from January 29, and will launch a new product by March. ...
US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order to preserve liquidity and enable the company to maximise stakeholder value through its remaining businesses. ...
The Supreme Court on Wednesday set aside the default bail granted to the former DHFL directors Kapil and Dheeraj Wadhwan in connection with the Dewan Housing Finance Corporation Limited (DHFL) loan fraud case of Rs 34,615 crore....
