Business
Angel One is shrinking. But what is it building?
For over 30 years, Angel One has adapted to a changing brokerage landscape. Now, regulatory pressure and intensifying competition are forcing another reset. Where does Angel One go from here?
Lockheed Martin’s India expansion plan hinges on $10.5bn military aircraft bid: Which firms are competing for project?
Lockheed Martin plans to expand its manufacturing in India if it wins a $10.5 billion contract for 60 medium transport aircraft. It has partnered with Tata Advanced Systems and aims to deliver 12 aircraft initially, while 48 will be produced locally, enhancing India's aviation capabilities.
Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says ‘MDR ate 94% of our margins’
Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over ₹2,000, which the company's co-founder says will take a significant toll on its margins. Details here.
Adani Airport to go ahead with Mumbai redevelopment; airlines reject proposal
Adani Airports chief executive Arun Bansal has assured airlines that the shift to Navi Mumbai airport is temporary. The airlines said their support for Terminal 1 redevelopment could not be construed as consent to the proposed reduction in international slots
Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses
The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.
Intesa Says Paschi Bid to Lapse If Holders Back Rival Deals
Intesa Sanpaolo SpA said its offer for Banca Monte dei Paschi di Siena SpA will lapse if Paschi shareholders back either of its proposed bids for Banco BPM SpA and Banca Generali SpA at an Oct. 29 meeting.
Meta’s AI Data Center tax strategy that saves billions - Report
The debate over Meta's strategy therefore comes down to whether its massive AI infrastructure projects represent genuine experimentation for tax purposes or simply the construction and operation of expensive data centres.
Not lack of talent, senior business leaders point to these key factors posing obstacles...
Only 5% of leaders attribute execution gaps to talent shortages, a survey by Biz Staffing Comrade revealed. The primary obstacles holding organisations back they felt are shifting priorities and outdated processes.
‘No place to grow artificial minds’: Why did David Robinson quit OpenAI? What did he write in his essay?
David Robinson published a scathing essay in The Atlantic, accusing OpenAI’s ‘unimpeded optimism’ of fostering a hazardous environment for advanced technology
‘I do not invest. I don’t do that stuff’: Why this Apple co-founder opted for a mere $50 paycheck
When Apple was founded in 1976, Steve Wozniak and Steve Jobs reportedly each held a 45% stake, while Ronald Wayne owned the remaining 10%. Wozniak later reportedly sold much of his stake during the 1980s.
Paramount-Warner Bros merger: Who is staying, who is exiting as Skydance takes shape?
Several senior Paramount executives are set to take on expanded responsibilities, while some of Warner Bros. Discovery's top leadership will depart. Here is a look at the executives staying, those leaving and their key achievements.
Twitter cofounder Jack Dorsey's app Bitchat removed by Apple in India
Apple has removed Jack Dorsey-backed offline messaging app Bitchat from its India App Store following a government takedown order under Section 69A of the IT Act.