SUNDAR PICHAI EARNINGS CALL
Demand recovery to be a gradual process, unlikely to be a sharp "hockey stick": Britannia's Varun Berry
Britannia expects a gradual demand recovery continuing into next year. The company anticipates revenue and volume growth despite necessary price increases to combat inflation. Volume growth has been good. Further price hikes depend on commodity price trends. Varun Berry is the interim CEO. Succession planning is underway. Wheat prices are higher due to increased minimum support price.
Turkey ready to host Russia-Ukraine peace talks, Erdogan tells Putin
President Erdogan offered Istanbul as a venue for renewed Russia-Ukraine peace talks after Putin proposed direct negotiations. Erdogan emphasized the need for a comprehensive ceasefire to foster a conducive environment for discussions. Turkey, maintaining ties with both nations, previously hosted talks in March 2022, seeking a resolution involving Ukraine's neutrality in exchange for security guarantees.
Wife Aarti Ravi slams Ravi Mohan for abandoning father's duties. Actresses Khushbu and Radikaa offer support
Aarti's public divorce battle with Ravi Mohan reveals emotional and financial hardships. She accuses Ravi of neglecting his parental duties, sparking support from industry figures like Khushbu Sundar and Radikaa Sarathkumar. Ravi's public appearance with another woman further fueled the controversy. Aarti remains resolute in protecting her sons amidst the ongoing legal battles and threat of eviction.
Facing eviction from their home, Ravi Mohan's wife Aarti accuses him of abandoning their kids. 'He stopped all financial support'
Aarti Ravi, wife of Tamil actor Ravi Mohan, has spoken out about their separation. She details the emotional and financial hardship she faces. Ravi Mohan is now reportedly with singer Kenishaa Francis. Aarti claims she is the sole provider for their children. She also faces eviction from their home. Aarti's statement has garnered support online, including from Khushbu Sundar.
US vs Google: What both sides argued in a hearing to fix its search monopoly
In a major antitrust case, the US government and Google clashed over remedies for the tech giant’s illegal search monopoly. The Justice Department proposed breaking up Google’s business, while Google warned of consumer harm. Judge Amit Mehta’s upcoming ruling could reshape online search and AI competition amid rapid industry transformation.
Chipmaker Wolfspeed shares fall 23% as slowing EV sales hit annual revenue forecast
Chipmaker Wolfspeed's shares fell 23% on Friday after it raised going-concern doubts and forecast weaker-than-expected annual revenue as it grapples with slowing electric-vehicle demand amid economic uncertainty.
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Swiggy Q4 earnings: Key takeaways
Swiggy's Q4 FY25 saw a 45% surge in operating revenue, reaching Rs 4,410 crore, fueled by food delivery and quick commerce growth. However, losses widened to Rs 1,081.2 crore due to increased expenses, particularly in the Instamart segment. While food delivery showed strong EBITDA growth, Instamart's expansion, including adding 316 dark stores, significantly impacted overall profitability.
Beverage players take a big sip to quench market share thirst
Beverage companies like Varun Beverages, Dabur, and Tata Consumer are intensifying their strategies to counter Reliance Retail's Campa cola challenge. These companies are focusing on expanding distribution networks, deploying more bottle chillers, and broadening product portfolios. After matching Reliance's higher retailer margins, the companies are now prioritizing rebuilding distribution and expanding into rural markets to regain market share.
Cristiano Ronaldo is proud father as Ronaldo Jr earns first Portugal U15 call-up for international tournament
Cristiano Ronaldo’s 14-year-old son has earned his first Portugal U15 call-up. The Al-Nassr youth star will follow in his father’s footsteps and represent Portugal. He impressed national selectors with his performance. Want to know more about Ronaldo Jr’s career highlights? Read on.
Microsoft not to rehire ousted employees for two years, considers departures ‘good attrition’
Microsoft has introduced a two-year rehire ban for staff let go over performance issues, labelling such exits as “good attrition.” The policy signals a tougher stance on underperformance, as the company streamlines roles. Similar moves by Google and Meta reflect a broader tech industry push for leaner, more efficient teams.
AI job loss: 40% of roles at risk, experts warn
AI's rapid growth is raising alarms about job loss, with experts warning up to 40% of roles could be affected globally. While fears of displacement are high, particularly in India, some see AI as a tool to improve work efficiency. The challenge lies in adapting to these changes while protecting jobs.
Paytm expects to turn profitable from next quarter: Vijay Shekhar Sharma
Paytm-owner One97 Communications expects to turn profitable next quarter. Despite a Rs 545 crore loss in Q4, excluding exceptional ESOP-related costs, the loss was only Rs 23 crore. Operational profit reached Rs 81 crore. Annual losses and revenue declined significantly year-on-year in FY25.
Gujarat Titans win toss, elect to bowl first against Mumbai Indians
Shubman Gill, the captain of Gujarat Titans, decided to bowl first after winning the toss against Mumbai Indians in Tuesday's IPL match. Gujarat made one change, bringing in Arshad Khan to replace Washington Sundar. Mumbai Indians decided to stick with the same lineup from their previous game.
MI vs GT Playing 11: From Will Jacks, Tilak Varma to Sai Sudharsan, Jos Buttler and more, who will make the cut?
Shubman Gill and Sai Sudharsan form the IPL season's top opening partnership. They have scored 628 runs in 10 innings. Jos Buttler supports them at No. 3. The trio contributes 75% of Gujarat Titans' runs. A concern for GT is the middle and lower order's lack of contribution. The article also predicts the Playing XI for MI vs GT match.
Google has tweaked employee review system to boost rewards for top performers: Report
The company said the new system would reward top-rated employees with improved bonus and equity awards starting in 2026. “More Googlers will have the opportunity to achieve that rating during annual reviews,” wrote John Casey, Google’s vice president of global compensation and benefits, in the company-wide memo.
Alphabet spent over Rs 68 crore on CEO Sundar Pichai's security in 2024: Report
Alphabet also clarified that these expenses are not classified as a personal benefit to Pichai, but are considered necessary due to the demands of his role. This comes at a time when Pichai is expected to testify in an ongoing antitrust trial in Washington, where the US Department of Justice is seeking structural changes at Alphabet to increase competition in the online search market.
Sundar Pichai spills the (Apple) beans: Gemini may soon power Siri, says CEO in court
Google CEO Sundar Pichai confirmed under oath that Apple and Google are in talks to bring Gemini, Google's AI chatbot, into Apple devices through Siri. Speaking during a U.S. antitrust trial, Pichai revealed Apple CEO Tim Cook wanted to understand Google’s AI plans, including Gemini distribution. The deal, if finalised, could launch by mid-2025. The collaboration marks a major expansion for Gemini, and builds on Apple’s current partnerships with OpenAI, signalling a shift towards multiple AI models on iOS.
Why the AI race could be upended by a judge's decision on Google
A US federal judge's ruling against Google's search monopoly has shifted focus to AI, with concerns that Google could use its dominance to control the AI market. Rival companies like OpenAI argue Google's practices hinder competition, while Google insists the AI sector remains competitive. The case could reshape the AI landscape.
Google CEO says proposed antitrust fix would discourage innovation
Google CEO Sundar Pichai warned that forcing the company to share search data with rivals would undermine its investments and innovation, calling it a "de facto divestiture" of intellectual property. The DOJ's antitrust case could reshape search and AI competition online.
Google hopes to reach Gemini deal with Apple this year
Google aims to finalise a deal with Apple by mid-2025 to integrate its Gemini AI into future iPhones, CEO Sundar Pichai said during an antitrust trial. The move highlights Google’s push to expand Gemini’s reach amid intense AI competition with OpenAI and Microsoft.
100-day pain: These billionaires who donated to Donald Trump's inauguration have lost $194 billion, and counting
Donald Trump's policies impact tech giants. Elon Musk, Jeff Bezos, Mark Zuckerberg, and Jensen Huang face huge financial setbacks. Trade wars and export controls affect their companies. Tesla, Amazon, Meta, and Nvidia shares decline. Tim Cook and Sundar Pichai also see losses. Market disruptions hurt tech billionaires despite their earlier support for Trump. The losses are significant.
Google CEO Sundar Pichai to take the stand at search antitrust trial
The DOJ and a broad coalition of state attorneys general are pressing for remedies to restore competition even as search evolves to overlap with generative AI products such as ChatGPT. Prosecutors are concerned that Google's dominance in search could extend to AI.
IIT graduate and ex-Accenture techie, meet Google’s Sundar Pichai’s wife Anjali Pichai. Check out her education qualifications and career
The article highlights Anjali Pichai's role in Sundar Pichai's success. Anjali, a chemical engineer, met Sundar at IIT Kharagpur. She worked at Accenture and Intuit. Anjali advised Sundar to stay at Google when he received other offers. This decision proved pivotal. Sundar became Google's CEO in 2015 and Alphabet Inc.'s CEO in 2019. Anjali's support was crucial for his journey.
Google to integrate Gemini AI into cars, watches and headphones by 2025
The integration is expected to deliver smarter voice commands, faster responses and enhanced functionality across devices. On Wear OS, Gemini will bolster fitness tracking, notifications and voice interactions, while Android Auto users will get a more intuitive driving experience. Although Google has not specified an exact timeline, the rollout is likely to begin later this year.
Google says will buy back $70 billion in shares, posts earnings beat
US President Donald Trump's trade policy has triggered worries of an economic downturn, prompting companies to rethink their spending on advertising. But analysts say the digital ad market still held its ground in the first quarter. "Search saw continued strong growth, boosted by the engagement we're seeing with features like AI Overviews, which now has 1.5 billion users per month," CEO Sundar Pichai said in a statement.
Alphabet Q1 results: Profit surges on AI, cloud business, despite legal challenges
Revenue for the quarter came in at $90.23 billion, up 12% from a year ago, slightly surpassing analysts' expectations of $89.15 billion. Operational income grew 20%, also exceeding forecasts. Sundar Pichai, Alphabet's CEO, said, “We’re pleased with our strong results this quarter. We continued to see healthy growth and momentum across the business, including AI powering new features.”
Alphabet says Waymo may offer robotaxis for personal ownership in future
Alphabet CEO Sundar Pichai hinted at future personal ownership of Waymo robotaxis, as Tesla readies its own fleet. Despite high costs, Waymo leads US uncrewed fare-collecting rides. With strategic partnerships and expansion plans, it competes with Tesla’s low-cost, AI-based approach to autonomous driving.
Alphabet quarterly earnings lifted by cloud and AI
Alphabet, Google's parent company, reported a $34.5 billion profit, driven by strong cloud and AI growth. However, it faces major US antitrust battles that could force it to divest Chrome or Android. Despite strong earnings, legal pressures threaten Google's dominance in search and advertising, with appeals ongoing
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