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Nvidia Shatters Wall Street Expectations With Record 81.6 Billion Dollar Revenue as AI Boom Drives Data Centre Sales Up 77 Percent

May 21, 2026admin

Nvidia reported first-quarter fiscal 2027 earnings of $1.87 per share on record revenue of $81.62 billion, beating estimates as data centre compute revenue surged 77% year over year to $60.4 billion. [...]

Samsung Electronics Workers Suspend Planned 18-Day Strike After Last-Minute Negotiations Resume Under Government Pressure

May 21, 2026admin

Samsung Electronics’ union has suspended its planned 18-day strike involving over 41,000 workers after the South Korean government intervened, resuming negotiations over bonus demands amid record AI-driven profits. [...]

SpaceX Files Landmark S-1 Prospectus Revealing 18.7 Billion Dollar Revenue and Elon Musk 737 Billion Dollar Mars Pay Package in Biggest IPO Ever

May 21, 2026admin

SpaceX has publicly filed its S-1 prospectus with the SEC, revealing $18.7 billion in 2025 revenue, a $4.9 billion GAAP loss, and a staggering pay package for Elon Musk worth up to $737 billion tied to colonising Mars. [...]

Samsung Electronics workers union announces 18-day strike from May 21 after wage negotiations collapse

Samsung Electronics Workers Union to Stage 18-Day Strike From May 21 After Wage Negotiations Collapse Over Bonus Demands

May 18, 2026Gaurav Thakur

Samsung Electronics’ labour union has announced it will proceed with a planned 18-day strike starting May 21 after two rounds of government-mediated negotiations over wage increases and bonus caps collapsed following a 17-hour final session. [...]

Muthoot FinCorp Plans Rs 4000 Crore IPO After FY26 Net Profit More Than Doubles to Rs 1640 Crore as Board Approves Stock Split and NCD Fundraise

May 17, 2026Gaurav Thakur

Muthoot FinCorp announced plans for a Rs 4,000 crore IPO through a fresh issue of equity shares after its FY26 net profit surged to Rs 1,640 crore from Rs 787 crore in FY25. The board also approved a 5:1 stock split and plans to raise Rs 4,000 crore via NCDs. [...]

Berkshire Hathaway Takes 2.6 Billion Dollar Stake in Delta Air Lines and Triples Alphabet Investment in First Major Moves Under Greg Abel Leadership

May 16, 2026May 16, 2026Gaurav Thakur

Berkshire Hathaway disclosed a new $2.6 billion stake in Delta Air Lines and tripled its position in Alphabet (Google’s parent), adding 36.4 million shares, while exiting Amazon — marking the first major portfolio reshuffles under incoming CEO Greg Abel’s watch as the post-Buffett era takes shape. [...]

India and UAE Sign Seven Key Agreements Including USD 5 Billion Investment Package and LPG Supply Deal During PM Modi Abu Dhabi Visit

May 16, 2026Gaurav Thakur

India and the UAE signed seven major agreements during PM Modi’s visit to Abu Dhabi, including a $5 billion investment commitment, an LPG supply deal to cushion the Iran war energy shock, a defence pact, and a ship repair cluster at Vadinar port — marking a significant deepening of the strategic partnership. [...]

Boeing Wins 200-Jet Order From China as Trump-Xi Beijing Summit Delivers First Major Trade Deal in Nearly a Decade With Nvidia Chip Sales Also Cleared

May 15, 2026Gaurav Thakur

China has agreed to purchase 200 Boeing aircraft — marking its first major US commercial plane order in nearly a decade — while the US cleared sales of Nvidia’s H200 AI chips to 10 Chinese firms, as the Trump-Xi Beijing summit delivered its biggest commercial outcomes on Day 2. [...]

US Senator Eric Schmitt Drags India Visa Temple Into Scathing Attack on H-1B Programme Calling It a Global Visa Cartel That Disadvantages American Workers

May 14, 2026May 14, 2026Gaurav Thakur

Republican US Senator Eric Schmitt has launched a blistering attack on the H-1B visa programme, citing India’s famous Chilkur Balaji Visa Temple as evidence of a global visa cartel that he claims systematically favours Indian nationals over American workers. [...]

Indian IT professional working from home on laptop with city skyline and traffic visible through window

IT Employees Union NITES Urges Government to Issue Mandatory Work From Home Advisory for IT Sector After PM Modi Fuel Conservation Appeal

May 12, 2026Aditi Singh

The Nascent Information Technology Employees Senate writes to the Labour Ministry seeking a mandatory WFH advisory for the IT and ITES sector, citing PM Modi’s fuel conservation appeal and the COVID-era WFH success. [...]