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Business

Musk Wins Appeal to Restore $56B Tesla Pay Deal

By BPN News Desk
The Delaware Supreme Court in the United States has restored Elon Musk’s 2018 Tesla compensation package, originally valued at about $56 billion, overturning an earlier ruling that had voided it. The decision, announced on 19 December 2025, allows Musk to potentially receive stock-based compensation tied to Tesla’s performance milestones achieved since 2018. Court Ruling
Business

Fortis to Acquire Bengaluru’s People Tree Hospital

By BPN News Desk
Fortis Healthcare has announced plans to acquire People Tree Hospital in Bengaluru for ₹430 crore, strengthening its presence in one of India’s fastest-growing healthcare markets. The acquisition will be carried out through Fortis’ wholly owned subsidiary, International Hospital Limited, and involves a 100 percent stake in TMI Healthcare, which operates the hospital.
Business

Infosys ADR Hits 52-Week High in US Trading

By BPN News Desk
Shares of Infosys Ltd, traded as American Depositary Receipts (ADRs) in the United States, reached a 52-week high of $23.28 during recent trading, marking a notable peak for the Indian IT company’s ADRs. The stock has shown renewed investor interest in its US-listed form after periods of volatility in 2025, amid broader technology sector fluctuations […]
Business

TikTok Signs Deals for New US Joint Venture

By BPN News Desk
TikTok and its parent company ByteDance have signed binding agreements with a group of primarily American investors to create a new U.S. joint venture that will oversee operations in the United States. The move marks a key milestone in a years-long effort to keep the short-video app running in the U.S. amid regulatory pressure and […]
Business

Adani Eyes Major Airport Expansion Across India

By BPN News Desk
Adani Enterprises is looking to significantly expand its airport operations in India as part of an investment plan estimated at around $11 billion. The group plans to bid for additional airports being offered for private operation by the government, strengthening its position as the country’s largest airport operator by number of facilities. Bidding for More […]
Business

TCS Says AI Services Revenue Touches $1.5 Billion

By BPN News Desk
Tata Consultancy Services (TCS) has said its artificial intelligence services are now generating about $1.5 billion in annualised revenue, underlining the growing role of AI in the company’s overall business. The disclosure was made by TCS Chief Executive Officer K Krithivasan, marking the first time the company has publicly quantified revenue from its AI portfolio. […]

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