SpaceX profits skyrocket to $4.4 billion as revenue jumps 161%, AI business surges 830%

SpaceX revenue surges 161% to $14.6 billion in Q3 SpaceX’s Super Intelligence business has become the biggest driver of the company’s latest quarterly growth, helping Elon Musk’s aerospace company report a net profit of $4.4 billion in the July-September quarter.Revenue more than doubled from a year earlier, rising 161 per cent to $14.6 billion, while…

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Retired PSU bank employee claimed Rs 9.29 lakh leave encashment as tax-free, but taxman restricted exemption to Rs 3 lakh; ITAT applies Rs 25 lakh limit retrospectively, cancels Rs 6.29 lakh addition

On September 22, 2026, the ITAT Jaipur ruled in the retired bank employee’s favour. (Image for representative purpose only) Leave encashment is tax-free up to a limit for non-government employees. While the limit was earlier Rs 3 lakh, it was revised to Rs 25 lakh in 2023. There is no such upper limit for government…

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Jio IPO, India’s largest public issue, opens for subscription: Price band, GMP to brokerage views – top 10 things to know

Reliance Industries Ltd, led by billionaire Mukesh Ambani, will continue to hold a majority stake in Jio Platforms following its stock market listing. Jio Platforms IPO: India’s largest Initial Public Offering (IPO) till date opens for subscription on Wednesday. Jio Platforms plans to raise approximately Rs 30,213 crore through a fresh issue of up to…

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Elon Musk says SpaceX-Tesla merger is a ‘good idea’, special committees formed for talks

“We are in an inflection moment for SpaceX across launch, connectivity and superintelligence,” Musk said. Elon Musk’s business empire could be heading towards a major consolidation, with SpaceX and Tesla setting up special committees to discuss a possible merger. Musk confirmed the talks on Tuesday, saying he viewed combining the two companies favourably, although any…

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GCCs emerging top career choice for tech talent: Survey

The gap is also visible in employees’ current workplaces. (Generative image) BENGALURU: Indian technology professionals are increasingly looking for employers that offer hands-on artificial intelligence (AI) experience and clearly defined career paths, while multinational global capability centres (GCCs) are emerging as the preferred next career move for many, according to a Talent500 survey. Talent500 is…

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