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Home  Business

Business

Musk wins Tesla shareholder vote, edges closer to trillionaire status

Musk wins Tesla shareholder vote, edges closer to trillionaire status

  • Vijay Deverakonda says Rashmika Mandanna’s The Girlfriend will “create an impact”

    Ahead of the release of The Girlfriend, actor Vijay Deverakonda praised Rashmika Mandanna and the film’s team, calling it “powerful” and “impactful.” The Rahul Ravindran directorial, cleared by the CBFC with a U/A certificate, releases worldwide on Friday.
  • Sensex, Nifty tumble in early trade as FII outflows and global cues drag markets

    Benchmark indices Sensex and Nifty fell sharply in early trade on Friday amid persistent foreign fund outflows and weak global cues. IT and tech stocks led the losses even as DIIs continued to support the market through strong buying.
  • Rupee slips 3 paise to 88.66 against US dollar amid FII outflows, strong greenback

    The rupee fell 3 paise to 88.66 against the US dollar on Friday amid foreign fund outflows and a stronger greenback. Weak domestic equities and higher crude oil prices further weighed on the local currency, traders said.
  • Mahindra sells entire stake in RBL Bank for Rs 678 crore

    On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore 
  • Gold prices regain shine as dollar dips; silver surges too

    Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce
  • ED calls Anil Ambani for fresh questioning in Rs 40,000 crore money laundering case

    The Enforcement Directorate (ED) has summoned Reliance ADAG Chairman Anil Ambani again on November 14 in a money laundering probe after attaching Rs 4,462 crore worth of land in Navi Mumbai. The case involves alleged diversion of loans worth Rs 40,000 crore
  • ED summons Anil Ambani again in money laundering case on Nov 14

    The ED has summoned Anil Ambani on November 14 in a money laundering case involving Reliance ADAG group firms. The agency recently attached assets worth ₹4,462 crore, alleging diversion of ₹40,000 crore in loans across group entities.
  • Sensex, Nifty rebound on global cues and blue-chip buying

    Benchmark indices Sensex and Nifty rebounded in early trade on Thursday, tracking global gains and buying in blue-chip stocks. Asian Paints led the rally even as FIIs sold shares and DIIs turned net buyers, exchange data showed.
  • Rupee gains 8 paise against US dollar amid weak greenback, firm equities

    The rupee appreciated by 8 paise to 88.62 against the US dollar in early trade on Thursday, supported by strong domestic equities and lower crude prices. However, selling by foreign investors limited larger gains, forex traders said.
  • Opinion: Nobel lessons for Viksit Bharat: How innovation can drive India’s growth

    Progress isn’t assured; the Nobel laureates Joel Mokyr, Philippe Aghion, and Peter Howitt stress the need to protect innovation and openness
  • Hyderabad-based Aurobindo Pharma’s Q2 net profit up 4 per cent to Rs 848 crore

    The drug major continues to see healthy demand across key markets, with US and Europe businesses performing in line with expectations, said its Vice-Chairman and Managing Director K Nithyananda Reddy
  • Microsoft to enable in-country data processing for 15 nations by 2026, including India

    Microsoft will allow Microsoft 365 Copilot interactions to be processed locally in 15 countries by 2026, including India. The move enhances data security, sovereignty, and compliance for governments and regulated industries, following recent legal and operational updates in India
  • Gold prices remain under pressure as dollar strengthens; MCX gold futures slip to Rs 1.20 lakh

    Gold prices stayed weak amid a stronger US dollar and global market caution. Spot gold hovered around $3,940 per ounce, while MCX December futures fell 0.43 per cent to Rs 1,20,886 per 10 grams. Experts expect a rebound later this year.
  • Opinion: Making Indian MSMEs future-ready

    While tariffs bring immediate challenges, they also open doors to innovation and capacity building for the MSME sector
  • WhatsApp gets relief as NCLAT lifts CCI ban on sharing data with Meta

    The NCLAT has set aside the CCI’s five-year ban on WhatsApp sharing user data with Meta Platforms for advertising purposes, while retaining the ₹213 crore penalty imposed for anti-competitive practices linked to WhatsApp’s 2021 privacy policy update
  • IndiGo posts Rs 2,582 crore Q2 loss on forex impact

    IndiGo’s parent company, InterGlobe Aviation, reported a Rs 2,582 crore net loss for the September quarter, mainly due to adverse currency movements. Despite a 10 per cent rise in topline revenue, the airline’s shares slipped over 1 per cent on the BSE
  • SBI reports 10 per cent jump in Q2 profit

    State Bank of India (SBI) reported a 10 per cent rise in standalone net profit to Rs 20,160 crore for the September quarter of FY26. Improved asset quality and higher interest income supported the bank’s strong quarterly performance
  • Hinduja Group chairman Gopichand Hinduja passes away in London at 85

    Gopichand P. Hinduja, chairman of the global Hinduja Group and one of India’s most influential business figures, passed away in London at 85. Fondly called ‘GP’, he had been unwell for several weeks. He is survived by his wife and children
  • Adani Enterprises Q2 net profit surges 84 per cent to Rs 3,199 crore

    Adani Enterprises Ltd reported an 84 per cent surge in Q2 net profit to Rs 3,199 crore, driven by strong performance across its infrastructure and energy businesses. The company also announced a Rs 25,000 crore rights issue to strengthen its balance sheet.
  • Gold prices fall as strong dollar, fading Fed rate cut hopes weigh on demand

    Gold prices slipped on Tuesday as a stronger US dollar and waning expectations of further Fed rate cuts prompted investors to book profits. Analysts cited easing US-China tensions and China’s new tax policy as added pressure on bullion demand
  • India’s white‑collar hiring strong in October; education, finance up 13 to 15 per cent

    India's white-collar job market showed a 3 per cent year-on-year growth in October 2025, led by strong hiring in education, finance, and BPO/ITES sectors. The demand for high-skill roles, including machine learning engineers, saw remarkable growth
  • Gold slips below USD 4,000 as dollar strengthens, trade tensions ease

    Gold prices dipped below USD 4,000 per ounce, falling 2.7 per cent from last week as easing US-China tensions and a stronger dollar weighed on demand. Despite the decline, gold remains over 50 per cent higher year-to-date, supported by central bank buying
  • ED seizes Anil Ambani-linked assets worth Rs 3,084 crore in PMLA probe

    The Enforcement Directorate has attached assets worth Rs 3,084 crore linked to Anil Ambani, his group companies, and related entities under the PMLA in a money laundering probe involving alleged diversion of public funds and loan irregularities exceeding Rs 17,000 crore
  • Sensex, Nifty decline amid profit-taking, FII outflows

    Equity benchmarks Sensex and Nifty fell in early trade on Monday due to profit-taking and foreign fund outflows. Analysts said FIIs booking profits and reallocating to other markets capped gains despite strong October performance.
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