Page 241 - Bloomberg

Tesla pushes back on investor's latest move in Elon Musk's pay package row

If Tesla reincorporates in Texas and its board approves Musk's pay there, that would presumably have to be challenged in a new lawsuit under Texas law

LS polls: India's Silicon Valley to vote amid searing heat, water shortages

About 10 mn citizens will cast their ballot in Bengaluru, which is home to the country's $194 billion IT services industry and houses the biggest office of Goldman Sachs Group Inc. outside New York

Elon Musk once again richer than Mark Zuckerberg as fortunes reverse

The two billionaires switched ranks earlier this month, when Zuckerberg, 39, overtook Musk for the first time since 2020 following news that Tesla's vehicle deliveries fell in 3 months through March

Meta chief Zuckerberg asks for patience after AI push irks investors

After Meta revealed that it will spend billions of dollars more than expected this year - fueled by investments in artificial intelligence - the company's CEO did his best to soothe Wall Street

President Biden's campaign plans to stay on TikTok despite divestment law

TikTok has more than 170 million American users, according to the company. The platform has a significant number of Gen-Z and millennial voters, crucial voting blocs for Democrats

Battery stocks' rally likely to extend in May after $2 billion surge

Exide and Amara Raja added a combined market value of about $2 bn in April as investors boosted their bets in the nascent clean car market

Indian markets stand out for cheap bonds as JPMorgan index date nears

The stretched valuation has seen global asset managers trim their allocations to Indian stocks, pulling $1.1 billion so far in April

Reliance's JioCinema offers Hollywood movies in India for a penny a day

We want to make it as affordable and as widely available for Indians as possible to make JioCinema a daily viewing habit for the family members, Mani said

Here's why the 'Modi-fication' of India is still thrilling stock markets

Modi has done an unbelievable job in India, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said

Boeing Co's revival road map put to test by dwindling time and cash

Chief Executive Officer Dave Calhoun put an optimistic spin on the embattled company's outlook as he presented Boeing's earnings on Wednesday

Mamaearth parent bets on Made-for-India goods in fastest-growing beauty mkt

Honasa's products are made with India's tropical weather and cultural nuances in mind, Alagh said. That's where we have an edge, he said

KKR bets on domestic consumption story, private credit in India push

KKR has deployed about $11 billion in India over almost two decades, where it has invested in companies across healthcare, life sciences, technology services and consumer-focused sectors

KKR said to consider $1 billion acquisition of Healthium Medtech: Report

Apax Partners, which bought Healthium in 2018, has been working with advisers to gauge interest in the business, the people said

US ban on TikTok looms with Biden poised to start 270-day countdown

Under the bill, Biden has the option to extend that deadline by an additional 90 days if he sees progress toward a sale. That would push a possible ban well into the next presidential term

Tesla planning to cut more than 6,000 jobs across Texas, California

Tesla also revealed plans to lay off 3,332 employees across multiple sites in California, according to separate WARN notices filed in that state

Global investors sell Unilever India stock as sales growth falters

The decline in Hindustan Unilever shares this year has helped improve its multiples. The stock is currently trading at 46 times its forward earnings, below its five-year average of about 54 times

China's fake-fashion retailers thrive on TikTok, Reddit and Discord

In a video posted to his TikTok channel and viewed by nearly 2 million people, King unwrapped £2,000 (​​$2,488) worth of seemingly high-end Nike shoes, new in their boxes

Google postpones plan to phase out advertisement cookies in Chrome browser

Google said it hopes to eliminate third-party cookies early next year, provided it can come to an agreement with regulators

Lok Sabha polls: Can India hold elections when it is too hot to vote?

The world's largest democracy is only going to struggle more with this as the planet warms. It will have to overhaul its hulking electoral machinery to keep up.

Lok Sabha polls: PM Modi's path to 400-seat goal runs through South, East

Modi has set sights on the ruling coalition, the National Democratic Alliance, or NDA, exceeding 400 out of 543 seats in the lower house of parliament after votes are counted on June 4