Business News
Move Over Bugatti, BYD's Electric Hypercar Yangwang U9 Breaks 500 Kmph Barrier With New World Record — WatchBYD's all-electric Yangwang U9 Xtreme hits 503.17 kmph in Abu Dhabi, setting a new production-car speed record and rewriting the limits of electric performance.
Shrinking Fleet, Mounting Cancellations, 83% On-Time Misses, And Refund Woes: Inside SpiceJet's Struggle To Keep FlyingDGCA, or Directorate General of Civil Aviation's, September data shows that SpiceJet cancelled over 20% of its scheduled flights. This is against an industry average of 1.15%. In August as well, its cancellation rate was above 20%.
Iran Conflict Gives US Gulf Coast Refiners an Edge as Shipping Costs SurgeThe Iran conflict has sent tanker costs soaring, widening discounts on Canadian heavy crude and strengthening the advantage of US Gulf Coast refiners over Asian competitors.
Ikea Sales Fall As Cash-Strapped Shoppers Curb Furniture BuyingIn September, Inter Ikea and its retailers committed about "1.2 billion to a fresh round of price reductions across Europe.
Who Is Sunil D’Souza? Tata Consumer’s CEO Set To Succeed Noel Tata As Voltas ChairmanVoltas has named Sunil D’Souza its next chairman, marking a major leadership transition at the Tata Group’s air-conditioning and engineering enterprise.
Moderna Boosts Revenue Guidance on Covid Vaccine SalesModerna's shares rose 7.1% in premarket trading on Friday.
How Dr Yogesh Lakhani Went From Selling Newspapers To Building An NSE-Listed Outdoor Advertising BusinessBright’s growth has followed the expansion of out-of-home advertising, while its business has diversified beyond conventional billboards.
Tesla To Wind Down Production Of Cybertruck At Gigafactory Texas, Confirms Elon Musk. Here's WhyTesla is shifting its focus towards autonomous mobility and Cybercab production, aiming to expand its driverless transport business amid slowing Cybertruck demand and fierce market competition.
Samvat 2083: Can Auto Stocks Beat The GST Hangover After An 82% Rally And 35% Crash?With Samvat 2083 beginning on Sunday, November 8, investors will be watching whether the auto sector can regain momentum or face another challenging year.
NCLT Declares Videocon's Venugopal Dhoot Bankrupt Over Rs 12,668 Crore SBI DuesThe Mumbai bench of NCLT appointed Asish Narayan as bankruptcy trustee after creditors rejected Dhoot's Rs 600 crore repayment proposal linked to a proposed real estate project in Siliguri.
Amazon Copied TikTok. Now TikTok Is Copying Amazon With A Brand-New Shopping AppTikTok is using discounts and first-order incentives to encourage users to adopt the separate platform. Its app description highlights free shipping offers and exclusive benefits for new customers.
TRAI's New Satcom Framework: What it Means for Starlink, Jio Satcom and OneWebTRAI has proposed a separate authorisation for satellite network providers such as Starlink, Jio Satcom and OneWeb. It will allow to share network capacity with licensed telecom operators.
