
Alibaba aims for major gains from AI even as business growth falls short
Alibaba and Tencent miss revenue estimates but see US shares rise as they boost heavy AI investment, with Alibaba targeting tripled AI revenue and planning…

Alibaba and Tencent miss revenue estimates but see US shares rise as they boost heavy AI investment, with Alibaba targeting tripled AI revenue and planning…

Brent crude was below $106 a barrel after declining 2% in the earlier session. West Texas Intermediate was close to $101 a barrel.

Zydus Lifesciences will acquire Assertio Holdings for $23.5 per share in cash, valuing the transaction at $166.4 million. Assertio is a US-based specialty pharmaceutical company…

Buyers in the stock market completely put behind the hotter-than-expected wholesale inflation print, which followed a hotter-than-expected retail inflation print too.

Swiggy said proposed board changes are part of a larger plan to qualify as an Indian-owned and controlled company under foreign exchange rules.

SEBI has ordered former Religare chairperson Rashmi Saluja to return ₹1.99 crore and pay a penalty over alleged insider trading violations.

Balaji Amines Q4 net profit rose 57.8% to ₹63.2 crore, revenue up 11.9%. Shares of Balaji Amines ended higher on Wednesday, May 13, by 1.61%…

Nvidia crossed a historic $5.5 trillion valuation as booming global demand for AI chips pushed its shares to fresh record highs.

Shares of Redington Ltd ended at ₹211.15, up by ₹0.50, or 0.24%, on the BSE.

Bharti Airtel has reappointed its founder Sunil Bharti Mittal as the chairman of the board for five years till September 30, 2031, a company filing…