Business

The brokerage expecsts SAMIL to continue to outperform global automobile sales, fueled by rising premiumization and EV transition, a robust order backlog in autos and non-autos, and successful integration of recent acquisitions.

The Sam Altman-led company is reportedly working with investment banks including Goldman Sachs and Morgan Stanley for the IPO.

The two firms have signed a Memorandum of Understanding (MoU) for the purpose, Stellantis and Jaguar Land Rover (JLR) said in a joint statement.

Murdoch, 53, clashed at times with his father and older brother Lachlan over management and editorial direction of the family's media empire, which includes the Wall Street Journal, Fox News and the New York Post.

HCLTech said the biggest risk is not a lack of experimentation or access to technology, but the difficulty in converting AI ambitions into consistent, enterprise-wide outcomes.

The Amazon founder said even failed AI bets could accelerate technological progress, comparing the current boom to the biotech frenzy of the 1990s.

The facility is currently available only to Indian customers in Greece who hold accounts with Eurobank.

The FMCG major described the government's push for austerity measures as a "prudent step" aimed at ensuring long-term national stability, while adding that the Indian economy continues to remain resilient despite global uncertainties.

The committee members flagged concerns around investor safety, grievance redressal mechanisms and the lack of a clearly defined regulatory structure, sources said.

Ola Electric Chairman Bhavish Aggarwal said scooter demand rebounded after months of viral complaints over delayed repairs and service issues as inventory levels dropped sharply across its network.

Ola Electric said it slowed new product launches while dealing with service backlogs, spare-part shortages and operational issues across its repair network.

Intuit is the latest in a growing string of tech companies that have slashed their workforces this year.

According to the association, the current framework lacks adequate checks to prevent misuse and ensure accountability in medicine distribution.

The RBI is seeking public feedback on Tthese proposed recovery norms by May 31.

Oral semaglutide, a glucagon-Like Peptide-1 receptor agonist (GLP-1 RA), is indicated as an adjunct to diet and exercise to improve glycaemic control in adults with type 2 diabetes.

HSBC and Standard Chartered signalled deeper AI-driven restructuring across the banking sector, with executives warning that technology will eliminate some roles while creating new opportunities.

JPMorgan executive Lorna Hajdini has filed a defamation suit against former banker Chirayu Rana, denying allegations of sexual abuse and accusing him of running a malicious campaign to extort millions from her and the bank.

The Supreme Court examined the legality of Yes Bank's Rs 8,415 crore AT1 bond write-down during the bank's 2020 rescue process.

Air India grounded a Boeing 787 Dreamliner after a pilot flagged a fuel switch issue, prompting India to send the part to the US.

Workers, however, said consent was unclear or not properly obtained in some cases.