Business

Alphabet's Google (GOOGL.O) opened a new tab after a federal jury ruled on Wednesday that the company must pay $425 million for violating customers' privacy by collecting data for millions of users who had disabled a tracking feature in their Google account. The decision follows a trial in a federal court in San Francisco on claims that Google violated privacy guarantees under its Web & App Activity setting by accessing users' mobile devices over an eight-year period in order to gather, store, and exploit their data. The users had demanded damages totaling over $31 billion. On two of the three allegations of privacy violations made by the plaintiffs, the jury found Google accountable. Google was not entitled to any punitive damages since the jury determined that the company had...

Nuernberg Messe India has officially announced KOLKATAWOOD 2025, Eastern India’s first large-scale exhibition dedicated to the woodworking, furniture, and mattress manufacturing sectors. The event will be held from September 12–14, 2025, at Biswa Bangla Mela Prangan, Kolkata, bringing together 150+ leading brands from across the sector. As an extension of the successful INDIAWOOD series in Bengaluru and Delhi, and MUMBAIWOOD in Western India, KOLKATAWOOD marks a strategic expansion to tap into Eastern India’s rapidly growing real estate and lifestyle markets. The exhibition will feature live product demonstrations, B2B matchmaking, and skilling sessions, designed to connect innovation with local business needs. The announcement has been met with optimism. With urbanisation a...

Medanta Gurugram, ranked India’s Best Private Hospital by Newsweek for six consecutive years, has marked a milestone in orthopaedic healthcare with Dr. Ashok Rajgopal, Group Chairman – Medanta Institute of Musculoskeletal Disorders and Orthopaedics, completing 40,000 knee replacement surgeries. The achievement underlines Medanta’s leadership in the sector at a time when India’s joint replacement market is expanding steadily. Industry data shows knee osteoarthritis cases are set to affect nearly 60 million Indians by 2025, making it one of the fastest-growing health challenges. Knee replacements, which numbered one lakh annually just five years ago, have surged past 2.5 lakh, with the sector projected to grow at an 11% CAGR between 2025–2035. This expansion is creating opportunities for...

Simba, India’s pioneering craft beer brand and part of Saltborn’s premium portfolio, proudly announces its international success at the World Beer Awards 2025. Competing with leading global breweries, Simba achieved Silver for its Simba Wit (Belgian-style wheat beer) and Bronze for Simba Stout (Stout & Porter category). The World Beer Awards is one of the most respected competitions in the brewing industry, with entries judged through blind tastings by a global panel of experts. These accolades reaffirm Simba’s commitment to brewing excellence, innovation, and quality. Commenting on the achievement, Ishwaraj Singh Bhatia, Co-Founder and COO of Simba Beer, said, “From the very beginning, our mission has been to put Indian craft beer on the global map. These awards validate our dedic...

Bank of Baroda has announced a reduction in interest rates on car loans and loans against property, effective immediately. This move follows the Reserve Bank of India’s recent 100 basis points cut in the policy repo rate. The bank's floating interest rates for car loans have been lowered from 8.40% to 8.15% per annum, while mortgage loan rates have dropped from 9.85% to 9.15% per annum. Sanjay Mudaliar, Executive Director of Bank of Baroda, highlighted that these new rates make car ownership more affordable and mortgage loans more competitive, allowing customers to unlock higher property value and raise additional funds with interest reductions ranging from 55 to 300 basis points, depending on their CIBIL score. The bank also offers fixed-rate car loans starting at 8.65%, linked to ...