Business updates

Business updates

Gold stuck in Dubai is being sold at a discount as Iran war widens

Traders in Dubai are offering discounts of as much as $30/ounce to the global benchmark gold prices in London.>

Jio IPO to miss timeline due to delay in changes to SEBI listing rules

Reliance Industries is waiting for the government to formalise the changes in SEBI listing rules to file a DRHP for a Jio Platforms IPO.>

Oracle layoffs to impact thousands in AI cash crunch

The Oracle layoffs coincide with Chairman Larry Ellison's plan to build AI data centres for the likes of OpenAI, and compete with AWS and Microsoft Azure.>

Some industry hesitation, but flywheel working again: Xiaomi India

Research firm IDC expects the PC market to shrink by 11.3%, and the smartphone market to register a 12.9% decline.>

Xiaomi and Leica’s smartphone camera thesis: Photography as a human eye sees it

Xiaomi sees its India comeback finding a premium, ecosystem-led momentum, with the Xiaomi 17 flagships and Leica-backed imaging at the centre of that push.>

India tells refiners to maximise LPG output for domestic sales only

India tells onshore refiners to maximise LPG production for sale to only Indian Oil, HPCL and BPCL, amid a gas squeeze stemming from the Iran war.>

Indian Oil-led refiners snap up 20 million barrels of Russian oil amid Iran war squeeze

The refiners, led by Indian Oil, are pivoting to Russian oil imports after the US allowed New Delhi to do so amid an energy crisis stemming from the Iran war.>

A short guide to email opening lines

But even if it were to realise that this was largely a matter of etiquette, it would miss the nuances of each opening gambit. Until now.>

Morgan Stanley cuts India exposure on LNG shock from Iran war

Morgan Stanley downgrades India from overweight to equalweight, citing the country as most exposed to potential Qatari LNG supply disruptions due to Iran war.>

Samsung Galaxy S26 Ultra review: Screen and real innovation, for your eyes only

Samsung’s S26 Ultra is a story of subtle yet on-point upgrades, with a key innovation defining who doesn’t get to see your screen.>

Credits : HTimes