(Times of Update) -- NASA wants companies to compete with SpaceX for a contract it has to fly astronauts to the moon, a new sign of the backlash over delays with Elon Musk's Starship spacecraft."I'm in the process of opening that contract," acting NASA... https://www.timesofupdate.com/?p=103912
Tech giant Amazon is set to refund customers for "misleading" them into Prime Video subscriptions and obfuscating the cancellation process, after agreeing to a $2.5 billion settlement in a dispute with the US Fair Trade Commission (FTC).Of the $2.5... https://www.timesofupdate.com/?p=103909
Apple iPhone and iPad users in China have filed a complaint against the US-based tech giant with the Chinese market regulator, alleging that the company is abusing its dominance in the market while charging high commissions from its customers, the news... https://www.timesofupdate.com/?p=103906
Ola Electric Mobility founder Bhavish Aggarwal and other top officials have been booked by the Bengaluru police after an employee of the company committed suicide, accusing them of harassment, authorities said on Monday.The deceased, K Aravind, 38, was... https://www.timesofupdate.com/?p=103903
IKEA's largest franchisee, Ingka Investments, is purchasing forest land worth approximately $7.39 million rupees (720 million euros) in Estonia and Latvia, to meet their needs for sustainable raw materials for furniture, Times of Update reported.The... https://www.timesofupdate.com/?p=103900
(Times of Update) -- Australian tycoon Raphael Geminder is considering selling the Asian operations of his packaging companies, according to people with knowledge of the matter. Dynapack Asia and Pact Group Holdings Ltd. are working with a financial... https://www.timesofupdate.com/?p=103897
(Times of Update) -- In the fall of 2023, as Svenska Handelsbanken AB searched for a new CEO to replace Carina Akerstrom, bank executives told the outside recruiter handling the search that they wanted someone who would continue its push to invest in... https://www.timesofupdate.com/?p=103894
(Times of Update) -- A series of billion-dollar deals for Indian banks has put the country's financial sector in the global spotlight, at a time when U.S. credit losses and trade tensions have rattled investors globally.Over the weekend, Emirates NBD Bank... https://www.timesofupdate.com/?p=103891
Kirloskar Proprietary Ltd (KPL) has secured an appeal in the Supreme Court, which stayed an amended order of the Bombay High Court that had restrained the company from licensing the brand 'Kirloskar' to other group companies.In the order made public on... https://www.timesofupdate.com/?p=103888
The parent company of online food delivery platform Zomato, Eternal, revealed on Sunday, October 19, 2025 that the Deputy Commissioner of State Taxes of the government of Uttar Pradesh (Lucknow) has imposed a demand order for $64.17 crore, according to an... https://www.timesofupdate.com/?p=103885
This marks a key milestone in one of the country's longest-running corporate insolvency proceedings. The five bidders in the fray are billionaire Anil Agarwal's Vedanta Ltd, Adani Enterprises led by billionaire Gautam Adani, Jindal Power Ltd backed by... https://www.timesofupdate.com/?p=103882
RBL Bank Ltd expects to secure regulatory approvals in the next five to six months for a $3 billion investment from Emirates NBD, a deal that would ultimately make the Indian private bank a wholly owned subsidiary of a foreign entity.The Dubai-based... https://www.timesofupdate.com/?p=103879
Mumbai, Oct 19 (PTI) The country's largest private sector lender HDFC Bank does not see its use of artificial intelligence leading to layoffs, a top company official said.The lender, which had 2.20 lakh employees in September, is carrying out some... https://www.timesofupdate.com/?p=103876
Oct. 18: U.S.-based electronic components distributor Arrow Electronics said on Saturday that the U.S. government was rolling back trade restrictions imposed on China-based Arrow subsidiaries to facilitate the sale of U.S. components found in armed drones... https://www.timesofupdate.com/?p=103873
With inflation cooling, GST cuts boosting disposable income and anticipated interest rate cuts likely to reduce borrowing costs, the country's largest private lender expects loan demand to gain momentum in the second half of the financial year and beyond.... https://www.timesofupdate.com/?p=103870
On Saturday, RBL Bank said Emirates NBD will acquire up to 60% of it to $26,850 crores. It will require approval from the Reserve Bank of India (RBI), among others. Mint reported on October 13 that the two were in talks with Emirates NBD Bank that planned... https://www.timesofupdate.com/?p=103864
Both the Nasdaq and S&P 500 posted rallies after the previous week's stock market decline caused by China tariff concerns. Both indices found healthy support at their 21-day exponential moving averages. The S&P 500 fell enough to recover from its 10-week... https://www.timesofupdate.com/?p=103867
Aditya Birla Group's cement division recorded a consolidated net profit of $1,238 crore for the quarter, a drop of nearly 45% compared to Q1FY26, according to the company's exchange filings. It missed Times of Update's estimate of $1,456 crore according... https://www.timesofupdate.com/?p=103861
In the midst of a full-scale war with Russia, Ukraine is not just fighting on the battlefield: it is facing a growing internal struggle over democracy, accountability and freedom of expression. A recent survey by the kyiv International Institute of... https://www.timesofupdate.com/?p=103858
Zoho founder Sridhar Vembu on Saturday joined a growing number of voices expressing concerns about the stability of global financial markets, saying gold is also sending up a big warning signal.In an X post, the founder of a Chennai-based software company... https://www.timesofupdate.com/?p=103855
Joining the rejection of Tesla's proposed $1 trillion pay package for CEO Elon Musk, proxy advisor Institutional Shareholder Services (ISS) urged shareholders to vote against the plan on November 6, Times of Update reported.He added that this is the... https://www.timesofupdate.com/?p=103852
NEW DELHI : India Inc. is showing divergent trends in its charity: companies exceed their legally mandated corporate social responsibility (CSR) budget when spending obligation is low, but struggle to deploy these funds when CSR budgets are high.... https://www.timesofupdate.com/?p=103849
(Times of Update) -- Lotfi Karoui, chief credit strategist at Goldman Sachs Group Inc., will leave the Wall Street bank after 18 years, according to an internal memo reviewed by Times of Update.Karoui, who was also head of credit, mortgage and structured... https://www.timesofupdate.com/?p=103840
(Times of Update) -- The University of California's investment arm wants to buy a $2.4 billion stake in a new Big Ten business venture, a move that would make the public university system a part owner of one of college sports' most prominent... https://www.timesofupdate.com/?p=103834
In a move that has surprised diplomats across Europe, former US President Donald Trump and Russian President Vladimir Putin are preparing for a face-to-face meeting in Budapest, the first since the outbreak of the Ukraine war.Hosting this unprecedented... https://www.timesofupdate.com/?p=103837
