Author: Arabian Media staff

Brainbees Solutions, the parent company of FirstCry, saw its topline marginally shrink on a sequential basis as the company significantly reduced its losses from the previous quarter. The Pune-headquartered multi-channel retailer posted a 12.7% year-on-year rise in consolidated revenue from operations to Rs 1,862 crore in the June quarter, compared with Rs 1,652 crore in the same period last year. However, the topline saw a decline sequentially, as it clocked Rs 1,930 crore in the previous quarter ended March 2025. BrainBees owns and operates kids and mother care brands FirstCry and BabyHug, as well as the house of brands GlobalBees…

About one in five Americans works past the traditional retirement age, according to Pew Research. And billionaire Warren Buffett has proven that it can be quite lucrative to keep working in older age — the 94-year-old Berkshire Hathaway CEO earned close to 95% of his personal wealth after age 65, per Barron’s.Buffett turned 65 on Aug. 30, 1995. At that time, his Berkshire stock was worth about $12 billion (about $25.3 billion today with inflation). In the three decades since, Buffett’s net worth has skyrocketed as Berkshire’s stock price has grown nearly 30-fold.Related: ‘It Was Unfair’: Warren Buffett Reveals the…

Abha Maheshwari, chief executive officer of ALLEN Digital, has stepped down after more than two years in the role.“…I’m moving on from Allen, closing an incredible chapter filled with learning, growth, and impact,” she wrote in a LinkedIn post, noting that she’s “taking a short break before stepping into my next chapter.”Maheshwari, a former Meta executive, was appointed in May 2023 as the first CEO of test-prep institute ALLEN’s digital arm.Her appointment followed ALLEN’s $600 million funding from Bodhi Tree Systems and the launch of ALLEN Digital in 2022, as interest in AI was beginning to build.A product development veteran,…

Home-interiors platform Livspace has invested more than $5.5 million in TplusA India, a 15-month-old premium furniture hardware and accessories company founded by industry veteran Anil Goel. The deal deepens Livspace’s supply-chain integration strategy and signals a bet on local manufacturing as India’s home-improvement market accelerates.The funding round also saw personal investments from Ramakant Sharma, founder and chief executive of Livspace, and Nishant Sharma, founder and managing partner of Kedaara Capital.Formerly known as GOTC India, Bengaluru-based TplusA has quickly onboarded many of India’s leading furniture manufacturers, disrupting pricing norms by offering European-quality fittings at lower costs. The company’s catalogue spans wooden…

JPMorgan Chase really wants its employees back in the office five days a week, and it’s offering a shiny, amenity-packed new tower, located at 270 Park Avenue in New York, as a perk.The just-built 60-story “supertall” skyscraper in Midtown Manhattan is expected to open in the next few weeks. It’s 1,389 feet high and will serve as the company’s U.S. headquarters for its 14,000 employees in the area. It’s also the tallest structure in New York that will be 100% powered by hydroelectric energy.Related: JPMorgan CEO Jamie Dimon Says Only One Group Is Complaining About Returning to the OfficeGetty Stock…

Markets regulator SEBI on Wednesday proposed to define ‘algorithmic trading’ as part of the exercise to revamp stock brokers’ regulations, which will ease compliance burden.Also, the regulator has proposed granting stock brokers access to the Negotiated Dealing System, Order Matching (NDS-OM) platform. Generally, this platform is used by banks and primary dealers for trading government securities.Under the proposal, the regulator would for the first time define ‘algorithmic trading’, which means any order generated or placed using automated execution logic. The current rules do not define algorithmic trading.SEBI has also proposed to define Execution Only Platform (EOP), which means any digital…

Opinions expressed by Entrepreneur contributors are their own. Inflation and rising costs post-pandemic have hit restaurateurs hard, forcing many to evolve their business strategies to stay afloat. According to Dr. Anne McBride, vice president of impact at the James Beard Foundation, and chef D’Andre Carter, owner of Soul & Smoke, the industry’s resilience stems from a shared commitment to hospitality, culture and community.”On average, independent restaurants make 3-5% profit margins, and that’s on good days,” McBride says. “You are getting into this business because you truly believe in hospitality. Restaurants are so central to anything that we do outside the…

Opinions expressed by Entrepreneur contributors are their own. It’s easy to believe AI is replacing personality. The tools keep getting smarter, the answers faster, the automation more seamless.But here’s what I’ve seen — through client work, advisory calls and personal experience: the more AI evolves, the more your personal brand becomes your most defensible asset.We’re not entering a future where the individual disappears. We’re entering one where the people who know who they are — and know how to show up with clarity — will stand out. Your name. Your tone. Your beliefs. Your story. These aren’t just personal details.…

The “Godfather of AI” fears that superintelligent AI will challenge human dominance — but he has a suggestion that could reframe AI assistants as AI mothers.In a keynote speech at the Ai4 conference in Las Vegas on Tuesday, Geoffrey Hinton, 78, predicted a future where AI could assert control over humans as easily as an adult interacting with a 3-year-old child, getting them to complete a task with the promise of candy. AI is going to be “much smarter than us,” Hinton said.Related: AI Is Going to ‘Replace Everybody’ in Several Fields, According to the ‘Godfather of AI.’ Here’s Who…

Amazon India head Samir Kumar on Wednesday said the ecommerce company has seen an overwhelming response from customers in Bengaluru and Delhi, where it recently launched a quick-commerce offering, and hinted at a “big plan to grow beyond”, urging people to “stay tuned”.The online commerce space has ample room for multiple players, and it is still early days, Kumar – Country Manager at Amazon India told PTI in an interview.”We at Amazon, believe that competition is always good for us. We welcome that. But at the same time, this whole space, ecommerce and online commerce, is such a big space,”…