CATEGORIES

Tesla sinks as Musk warns of more blows to profitability

'Tesla will have to keep lowering the prices of its EVS'

Total m-cap of BSE SME firms hit ₹75K cr

₹2,232 CR RAISED THROUGH 125 ISSUES IN FY23

Ex-ante regulations on AI to restrict innovation: BIF

Comments from the think tank come at a time when the govt is deliberating over framework for regulating emerging Al tech, especially via the prism of user harm

L&T looks to launch its first-ever buyback

TO SEEK APPROVAL AT JULY 25 BOARD MEET

Netflix users can no longer share passwords in India

STREAMING MAJOR NETFLIX on Thursday said it has begun cracking down on password sharing in India, a practice where a user shares his account with friends and relatives outside his household.

Toyota steps on the pedal with retail demand at record highs

JOINING HANDS WITH Suzuki has paid rich dividends to Toyota. Its India subsidiary Toyota Kirloskar Motor (TKM) became the fourth-fastest growing automaker in FY23, beating market leader and partner Maruti Suzuki.

Headcount at Infosys drops by 6,940 in Q1

Employee benefit cost declines by ₹1,575 cr

Govt imposes ban on export of non-basmati white rice

GLOBAL SUPPLIES TO BE HIT AS INDIA LARGEST EXPORTER

India, Japan sign pact for chip development

AFTER ANNOUNCING A partnership on critical and emerging technology with the US, the government on Thursday signed a memorandum of cooperation with Japan for semiconductor design, manufacturing, equipment research, talent development, and bringing resilience to the semiconductor supply chain.

Trai proposes Al regulation on use case basis

Suggests setting up of an independent statutory body

Highway construction: FY23 target raised to 13,800 km

Aim to use over 90% of annual capex outlay of ₹2.58 trn by Dec

We should ease compliance for tech economy: Chandrasekhar

'AFTER 30 YRS, CHINA YET TO CREATE VIABLE CHIP ECOSYSTEM'

Infy halves revenue guidance

THE COUNTRY'S SECOND-LARGEST software service provider, Infosys, on Thursday sharply cut its revenue guidance for FY24 to 1.0-3.5% in constant currency terms from 4-7% announced earlier, taking note of the slow-down in business amidst global macroeconomic headwinds.

Jio Fin valued at ₹1.77 trillion

5TH LARGEST FINANCIER BY NET WORTH

OnePlus users report software update issues

SEVERAL ONEPLUS USERS are facing issues with their smartphones following the installation of the latest software updates, Oxygen OS 12 and 13.

Monsoon session: Modest economic agenda on the cards

Session from today till August 11; 31 Bills to be tabled

ICICI Lombard rebalances motor insurance portfolio

ICICI LOMBARD GENERAL Insurance has 'rebalanced' its motor insurance portfolio after the government did not increase annual motor third-party premiums for any of the classes of vehicles for the current fiscal.

Federal Bank fixes QIP floor price at ₹132.59

PRIVATE SECTOR LENDER Federal Bank on Wednesday said the board has a fixed floor price of ₹132.59 per equity share for its proposed qualified institutional placement (QIP).

NCLT grants extension to Future Retail

NCLT has granted an extension to Future Retail's administrator to complete its ongoing insolvency process, with the new deadline ending on August 17

Activision, Microsoft extend deadline to secure UK nod

The $69 billion deal gets a three-month extension till October 18

Pak facing 'exceptionally high' economic risks, warns IMF

Says the economic challenges are complex, multifaceted

SBI chief does not see rate cut in Aug MPC meeting

STATE BANK OF India (SBI) chairman Dinesh Khara on Wednesday said he expects the Reserve Bank of India to maintain the status quo in the monetary policy review meeting next month.

Majority of long-only funds beat Nifty returns in June

June quarter results will set the tone for markets in near term

Dunzo defers salary dues till Sept

ON-DEMAND DELIVERY PLATFORM Dunzo on Wednesday informed employees that pending salaries since June would be delayed until September, according to an internal email seen by Reuters.

Govt to seek inputs from 100 top firms for export boost

Goyal to chair session to be held in Mumbai on Saturday

LNG deal with IOC valued at $7-9 bn, says ADNOC Gas

INDIAN OIL CORPORATION Ltd's (IOC) recently signed long-term liquefied natural gas (LNG) purchase deal with Abu Dhabi's ADNOC Gas is valued at $7-9 billion, the United Arab Emirates (UAE)-based gas major said.

Some gaming firms 'gamed the system': Chandrasekhar

Says there have been 'bad actors' in online gaming

E-auction of rice, wheat gets lukewarm response

IMPACT OF LIMIT ON PURCHASE OF GRAIN BY BUYERS

After DGCA audit, Go First scales down revival plans

GROUNDED CARRIER GO First has scaled down its resumption plans by around 30% than earlier after the Directorate General of Civil Aviation (DGCA), in its audit of the airline, flagged issues such as lack of trained pilots and cases related to funding, refunds and spare parts.

Fall in freight to keep Russian oil in demand

NARROWING DISCOUNTS AND concerns over rupee payments notwithstanding, Russia will likely retain its newly acquired tag of India's top oil supplier because of a sharp fall in freight, according to analysts and sources from oil marketing companies.