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BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net…
Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…
AI image used for representation purpose only NEW DELHI: The Reserve Bank of India has proposed a new set of rules that could reshape how banks and financial institutions sell insurance, loans, mutual funds and other financial products to customers.Issued on February 11, 2026, the draft All India Financial Institutions — Responsible Business Conduct Amendment…
India’s electric vehicle market has mostly grown around practical choices. Although we have now seen much more capable cars debuting in the market in the recent couple of years, small city cars and SUVs still dominate the EV space. This is because buyers in this segment focus on range, running costs and everyday usability. But…
There is an almost tenfold jump in ultra-luxury home sales within two years. (AI image) Gurugram has overtaken Mumbai in the total sales value of luxury homes above the Rs 10 crore category, according to a report by Sotheby’s International Realty in collaboration with CRE Matrix. The Gurguram market has become the country’s fastest growing…
Amazon has officially overtaken Walmart as the world’s largest company by revenue. In 2025, the e-commerce major reported $717 billion in sales, compared to Walmart’s $713.2 billion for the 12 months ending January 31. The shift ends more than a decade of Walmart holding the top position. However, analysts note that the comparison requires context:…
Trump and Netanyahu (File photo) US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on Wednesday to reportedly discuss plans for reducing Iran’s oil sales to China, which currently handles over 80 per cent of Iran’s oil exports. The agreement comes amid ongoing nuclear talks between US and Iranian…
Dell’s new financial year started with a major shake-up in how its sales teams are compensated. According to a report by Business Insider, in a town hall meeting held earlier this month by Kyle Leciejewski, senior vice president of North America sales, Dell introduced some changes that increase rewards for top performers but also reduce…
BTS is leaving no stone unturned to make sure their comeback is one for the record books.Fans of the stars, who waited patiently for the K-Pop superstars to make their return, will be treated to show unlike any other. The band on Friday, announced their plans for a BTS WORLD TOUR ‘ARIRANG’ LIVE VIEWING, a…
MUMBAI: Tata Steel’s consolidated profit surged multifold to Rs 2,730 crore in Q3FY26, aided by higher sales volumes despite weak steel prices. Its profit in Q3FY25 was Rs 296 crore. Domestic production volumes increased 11%, while delivery volumes grew 14%, driven by improved capacity utilisation at its Kalinganagar and Jamshedpur plants. Quarterly deliveries crossed six…
