Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO
Heidi O’Neill will join the maker of yoga pants and other athletic clothing in September. Source link
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RBI’s proposal to make digi transactions simpler, safer
MUMBAI: RBI has come out with a Digital Payments – Emandate Framework, 2026 which seeks to make recurring digital payments simpler, safer and more user-centric by reducing friction while retaining safeguards, marking a shift towards a consent-driven autopay ecosystem.The guidelines mandate a 24-hour pre-debit notification, requiring issuers to inform users in advance about the merchant…
Tesla Profit Rises but Remains Below Earlier Highs
The company is investing in robots and self-driving taxis that are not yet generating significant sales. Source link
Gold, Silver Rate Today Live Updates: MCX Gold, MCX Silver prices rise as oil drops, Trump extends US-Iran ceasefire
Manoj Kumar Jain told ET that gold and silver are expected to witness continued price swings during the week, influenced by changes in the dollar index, trends in crude oil, and ongoing uncertainty surrounding a potential US-Iran peace agreement. He highlighted that gold has a support zone between $4,681 and $4,640 per troy ounce, while…
Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began. Source link
Sensex up 753 pts, at 6-week high
MUMBAI: With Brent crude sliding below the $90/barrel mark and WTI close to $85 on the back of the likely second round of peace talks between US and Iran, sensex rallied 753 points (1%) on Tuesday to close over the 79K mark, a level not seen for over six weeks. Market players, however, are cautious…
Former Employee Sues MrBeast’s Company Over Harassment Claims
The former employee of the YouTube star’s production company said in a federal lawsuit that she had experienced sexual harassment and pregnancy discrimination. Beast Industries denies all of the claims. Source link
HCLTech Q4: Revenue dips 3.3% QoQ, flags AI deflation
BENGALURU/NEW DELHI: HCLTech’s results presented a mixed picture, weighed down by client-specific headwinds, delayed procurement decisions and persistent market volatility, even as the company continued to lean into artificial intelligence as a long-term growth driver.Revenue for the March quarter declined 3.3% sequentially in constant currency (which excludes currency impact) and grew 2.4% year-on-year. In dollar…
U.S. Nears Loan to Rescue Spirit Airlines
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years. Source link
Tesla widens India bet with launch of Model Y L
MUMBAI: Even as it contends with slow sales and stiff competition from rivals, Elon Musk’s Tesla is expanding into India with a new product launch and wider coverage of its service centres and charging stations in the country. On Wednesday, the electric vehicle (EV) giant launched its six seater Model Y L variant in India,…