business news

Nathan Anderson, the founder of the US-based short-selling firm Hindenburg Research, has shared insights into why his firm launched its investigation into the Adani Group and the eventual closure of the research firm. In an interview with news agency PTI, Anderson revealed that the decision to scrutinize the Adani Group was prompted by "red flags" highlighted in media reports.

Tech millionaire and anti-ageing researcher Bryan Johnson made headlines after walking out of a podcast recording with Zerodha co-founder Nikhil Kamath midway, citing poor air quality as the reason for his departure. The 47-year-old billionaire, known for his efforts in reversing the ageing process, was recording an episode for Kamath's podcast "WTF" at a five-star hotel equipped with an air purifier.

In a new round of layoffs, American tech giant Microsoft has begun firing employees based on their job performance, with some individuals not receiving severance pay and losing healthcare benefits immediately, according to a Business Insider report.

Reliance Retail has launched an app to sell Shein's fashion products in India, almost five years after the Chinese fashion retailer’s official app was banned in the country. This move comes after the Indian government disclosed last year that Reliance had entered into an agreement with Shein to sell its products under a licensing deal.

The National Payments Corporation of India (NPCI) has introduced new regulations for Unified Payments Interface (UPI) transactions, set to take effect from February 1, 2025. As per the latest guidelines, UPI IDs containing special characters such as #, @, $, or * will no longer be valid. This move is aimed at enhancing the security and compliance of the UPI ecosystem.

In a major boost to Odisha’s industrial and infrastructure development, the Adani Group has committed an investment of Rs 2.3 lakh crore over the next five years. This pledge was made during the Utkarsh Odisha 2025 investor meeting held on Tuesday, signaling the group’s strong intent to expand its footprint in the state across multiple sectors, including power, cement, industrial parks, aluminium, and city gas projects.

In a bold move that could reshape the global AI landscape, Alibaba has launched its latest AI model, Qwen2.5 Max, claiming that it outperforms some of the biggest players in the AI industry, including DeepSeek’s AI models, OpenAI’s GPT-4, and Meta’s Llama.

In a groundbreaking move that has shaken the global artificial intelligence (AI) landscape, the Chinese startup DeepSeek has emerged as a serious competitor to the likes of OpenAI, Meta, and Google, unveiling a new generation of AI models that challenge the dominance of US tech giants at a fraction of the cost.

In a candid interview with The Times, Microsoft co-founder Bill Gates admitted that divorcing his ex-wife, Melinda French Gates, remains one of his biggest regrets. The billionaire philanthropist reflected on the emotional toll of their split, calling it his "greatest mistake."

A US-based company has revealed plans for a lavish $300 million doomsday bunker complex that promises unmatched security, luxury, and medical care, catering exclusively to ultra-wealthy individuals. The Aerie project, designed to shield clients from global catastrophes, is set to open in 2026 and will offer an elite level of protection along with futuristic amenities.