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Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss

Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in…

Amazon reportedly exploring anchor investor role in Arm’s upcoming IPO

Amazon is reportedly in advanced discussions to become a cornerstone investor in…

Saudi Arabia’s PIF’s investments in SoftBank Vision Fund, other tech bets lead to $15.6Bn loss in 2022

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), recorded a…

Apple revenue drops 1% in Q3 2023, iPhone sales decline but services revenue keeps up

Apple’s revenue for fiscal Q3 2023 marked a drop for the third…
Zomato

Zomato reports first quarterly profit, revenue jumps 54% YoY to reach ₹2786 crore

Zomato reported its Q1’24 earnings today, with the headline being the company…

IBC signs $1Bn investment pact to set up battery facility in Indian state of Karnataka

International Battery Company (IBC) has signed an investment contract with the government…

Walmart pays $1.4Bn to buy Tiger Global’s Flipkart stake, valuing Flipkart at $35Bn

Earlier this year, investment firm Tiger Global was contemplating divesting its stake…

AMD to invest $400Mn in India, set up its largest design center in Bengaluru

India’s ambitions to carve a greater piece of the semiconductor got another…

Microsoft’s revenue for Q4 FY23 shows modest rise amid AI costs, stock takes a hit

Microsoft’s recent push into the AI sector had done wonders for its…

Meta clocks 11% revenue growth in Q2 2023, Reality Labs continues to bleed

Even as its Reality Labs unit continues to bleed, social media company…

BlackRock to make India comeback through ‘Jio Blackrock’, a new asset management venture with Reliance’s Jio

In a deal that would put India’s investment sector abuzz, BlackRock is…
Netflix

Netflix crack down on password sharing begins in India

Following up on a global crackdown, Netflix has announced that it has…
Tesla Model S

Tesla clocks $24.93 billion in revenue in Q2 2023, margins take a hit

The second quarter of the year saw automaker Tesla pocket a total…

India is now Apple’s fifth largest market for iPhone sales, ahead of Germany and France

Apple has long been a global leader in the smartphone market, and…

Infosys bags $2Bn AI deal with existing client amid global AI push

Infosys, one of the first-movers when it comes to using AI in…
Tesla Model S

Tesla talks to Indian government to set up supply chain in India for affordable electric cars

In the midst of a global shift towards sustainable transportation, automaker Tesla…

Microsoft gets crucial US court win against FTC for its Activision-Blizzard acquisition

Microsoft’s efforts to seal its blockbuster deal to acquire Activision Blizzard just…

Setback to India’s semiconductor plans as Foxconn withdraws from $19.5Bn Vedanta joint venture

India’s ambitious semiconductor ambitions just got a huge setback. Electronics manufacturer Foxconn…