Bajaj Auto on Wednesday announced a 9% rise in net profit for the July-September quarter (Q2 FY25), posting a net income of Rs 2,005 crore, driven by robust performance in its green energy segment. The company’s electric vehicle (EV) sales surged, contributing significantly to its overall growth. Adjusted for exceptional deferred tax provisions, Bajaj Auto’s profit after tax (PAT) reached ...

Private equity firm Odyssey is reportedly in advanced negotiations to acquire Honeywell’s face mask unit, a potential deal valued at around $1.5 billion. This acquisition marks a strategic move by Odyssey to capitalize on the surging demand for personal protective equipment (PPE), driven by the global pandemic. The deal would be a significant milestone in the PPE industry, as face ...

OpenAI has shattered records by securing a monumental $6.6 billion in funding, a move that could elevate its valuation to an eye-popping $157 billion. This latest round, fueled by a diverse group of investors, positions the AI powerhouse at the forefront of global tech innovation despite undergoing significant internal shifts. Investor Confidence Amidst Executive Changes The timing of this funding ...

When US President Donald Trump tweeted a letter to WHO Director-General Tedros Adhanom Ghebreyesus last week threatening to make permanent the US freeze on WHO funding that began in April, unless the organization “can actually demonstrate independence from China” within 30 days, it has heralded another onslaught on fighting the coronavirus pandemic. If President Trump sidelines the World Health Organization, ...