Utkarsh Shetti's profile photo

Utkarsh Shetti

Bangalore

Journalist at Reuters

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Articles

  • 3 weeks ago | msn.com | Utkarsh Shetti

    Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

  • 3 weeks ago | money.usnews.com | Utkarsh Shetti

    By Utkarsh Shetti(Reuters) -Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding round where it raised $2.5 billion, the company said on Thursday. This round more than doubled the Palmer Luckey-founded company's valuation, from $14 billion last year when it raised $1.5 billion.

  • 1 month ago | today.westlaw.com | Utkarsh Shetti |Leroy Leo

    (Reuters) -Honeywell will appoint activist investor Elliott Investment Management's Marc Steinberg to its board, the company said on Wednesday, ahead of its planned split into three independently listed companies.

  • 1 month ago | marketscreener.com | Allison Lampert |Utkarsh Shetti

    (Reuters) -Howmet Aerospace raised its 2025 profit forecast on Thursday, despite impacts from U.S. tariffs, sending shares up 7.8% as the maker of castings and fasteners expects to pass on higher costs and sees strong demand from increased jet production. The U.S. aerospace industry is seeking a tariff exemption to alleviate rising production costs and supply-chain strain, but strong demand for parts continues to support some suppliers such as Howmet and Honeywell.

  • 1 month ago | marketscreener.com | Utkarsh Shetti

    (Reuters) -Honeywell on Tuesday raised its 2025 profit forecast despite flagging a $500 million exposure to tariffs, saying it aims to cushion the impact through a mix of higher pricing and local sourcing. Shares rose 6% as the industrial and aerospace giant surpassed first-quarter expectations for revenue and profit and said its forecast accounts for the impact of tariffs on demand.

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