Wall Street today: Nasdaq climbs 2%, S&P 500 gains 1%, on strong results FROM Meta Platforms, Microsoft

US stock indices jumped at the open on Thursday, lifted by shares of Meta Platforms and Microsoft after their strong quarterly results. At the opening bell, the Dow Jones Industrial Average rose 248.7 points, or 0.61%, to 40,918.04. The S&P

Mukesh Ambani’s ambitious vision for the next 10 years

India’s versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday. IMAGE: Reliance Industries chairman Mukesh Ambani

After CEO exit, RBI okays IndusInd executives’ panel to run the show

The Reserve Bank of India (RBI) has approved IndusInd Bank’s request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO

From warehouses to local stores: Ola Electric shifts gear

Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. Photograph: Courtesy, Ola

Indian airlines may face Rs 77 cr weekly addl expenses on airspace curbs

Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. Photograph: Air India Express on Facebook