9:48 am - Tuesday July 14, 2026

Business

Latest News on Business
I Actually Thought He Was Going to Hit M...

I Actually Thought He Was Going to Hit Me, OpenAIs Greg Brockman Says of El...

I Actually Thought He Was Going to Hit Me, OpenAIs Greg Brockman Says of Elon Musk **Internal Turmoil at OpenAI: President Details Confrontational Meeting with Elon Musk** **San Francisco, CA** – Greg Brockman, President of OpenAI, concluded his testimony before a congressional committee on... read more »

India's Modi tightens political gri...

India's Modi tightens political grip with historic state victory but c...

India's Modi tightens political grip with historic state victory but can it usher in reforms and draw investors? ## Modi’s Party Secures Landmark State Wins, Bolstering Reform Agenda and Investor Confidence **New Delhi, India** – Prime Minister Narendra Modi’s Bharatiya Janata... read more »

HSBC shares drop as first-quarter pre-ta...

HSBC shares drop as first-quarter pre-tax profit misses estimates on higher...

HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses ## HSBC Navigates Shifting Economic Landscape as First-Quarter Profit Falls Short of Projections **London, UK – April 30, 2024** – HSBC Holdings Plc, a titan of the global financial sector and... read more »

Oil prices slide as new attacks in Strai...

Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-I...

Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-Iran ceasefire **Crude Oil Prices Ease Amid Shifting Geopolitical Landscape** **New York, NY –** Global crude oil benchmarks experienced a notable pullback on Tuesday, paring back some of the significant gains recorded in... read more »

More from Business

Three things to know about FISA Section 702: Congress passes short-term extension of contr...

Three things to know about FISA Section 702: Congress passes short-term extension of controversial surveillance program ### Congressional Stalemate Leads to Temporary Extension of Key... read more »

Iran says Strait of Hormuz is closed again as vessels attempting to cross come under fire

Iran says Strait of Hormuz is closed again as vessels attempting to cross come under fire **Strait of Hormuz Closure Escalates Tensions Amidst Port Blockade Allegations** **Tehran, Iran... read more »

Andhra escapes devastation as cyclone weakens

No escape: U.S.-Iran war, $4 gas, has taken all the fun out of consumer spending

No escape: U.S.-Iran war, $4 gas, has taken all the fun out of consumer spending **Economic Landscape Shifts as Geopolitical Tensions and Rising Fuel Costs Impact Consumer Behavior** The... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.

AI chipmaker Cerebras files to go public after scrapping IPO plans last year

AI chipmaker Cerebras files to go public after scrapping IPO plans last year **Cerebras Systems Pursues Public Offering Amid Strategic Partnership with OpenAI** **[City, State] – [Date]**... read more »

Video shows ships turning away from the Strait of Hormuz as confu...

Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open **Strait of Hormuz Navigational Uncertainty Persists Amid Conflicting... read more »