Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis […]
Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ General Motors on Tuesday announced a multibillion-dollar charge related to the realignment of its electric vehicle (EV) strategy following the release of its 2025 financial results and its guidance for 2026. GM reported that its […]
Being “upper class” might sound like a throwback to society pages and private clubs, but in 2026, it’s less about which car you drive and more about which percentile you occupy. And while wealth always carries nuance — family ties, location, legacy — the U.S. has data-backed thresholds that define what it really takes to […]
In 2022, Deepinder Goyal handed a lifeline of sorts to Albinder Dhindsa when Zomato acquired a struggling Blinkit for ₹4,500 crore. Today, he has handed him over the reins of a ₹2.5-lakh-crore empire that he built from scratch. Blinkit CEO Albinder Dhindsa. (X/@albinder) On Wednesday, Eternal Ltd. (formerly Zomato) said that Goyal would step down […]
Wipro Ltd. grew is a seasonally weak quarter for India’s IT services industry, even as profitability took a hit due to costs related to the new labour codes. Wipro CEO Srinivas Pallia. (Bloomberg) Revenue of India’s fourth-largest IT services firm rose 3.8% over the previous quarter to ₹23,556 crore in the three months ended 31 […]
Tata Group-owned Air India has taken delivery of the first line fit Boeing 787-9 aircraft, which is also the first Dreamliner to join the airline’s fleet in more than eight years. After inspections by the Directorate General of Civil Aviation (DGCA), the aircraft, also first line fit Dreamliner to be taken by Air India after […]
JSW Motors Pvt. Ltd. has appointed Amit Jain as its chief commercial officer, signaling a significant escalation in JSW Group’s independent automotive ambitions. Amit Jain, chief commercial officer at JSW Motors. (Handout) Jain, an automotive veteran with over two decades of experience, joins from Jubilant MotorWorks, where he served as Group CEO. His mandate at […]
The Cloudfare outage, which afflicted hundreds of website, has affected India’s biggest online brokers, including Zerodha and Groww Ltd. Websites of most Indian online brokerages, including Zerodha and Groww, were down following the Cloudfare outage. (Unsplash) “Due to a cross-platform downtime on Cloudflare, Kite is currently unavailable. Please use the Kite WhatsApp backup to manage […]
Sun Pharmaceutical Industries Ltd. delivered on its quarterly profit in July-September 2025, helped by strong demand for its drugs in India. Operational profitability, however, dipped. Sun Pharma’s US sales dipped 4.1% year-on-year to ₹4,400 crore in July-September 2025. (Reuters) Net profit of India’s largest drugmaker rose 2.6% over the year-ago period to ₹3,118 crore in […]
Adobe’s core focus at their MAX keynote last year was to give its creative apps a broader feature suite underlined by artificial intelligence (AI) foundations led by its in-house Firefly AI. At the core of that was the Firefly Video Model, which sparked a battle of video generation supremacy with Google, OpenAI and others jumping […]