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Tesla sells $783 million of prime auto lease-backed debt to investors

Tesla's latest deal comes from its active lease platform, and is made up of more than 26,000 leases with borrowers holding a weighted average FICO credit score of 764, according to deal documents

Tesla sells $783 million of prime auto lease-backed debt to investors
Updated On : 11 Oct 2024 | 8:43 PM IST

Pressure amps up on Infosys, Wipro likely to beat high expectations

The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous

Pressure amps up on Infosys, Wipro likely to beat high expectations
Updated On : 11 Oct 2024 | 7:38 AM IST

Citigroup, Mastercard team up on cross-border debit card payments

Citigroup, too, has recognized this shift, similarly enabling cross-border payments to digital wallets and other endpoints

Citigroup, Mastercard team up on cross-border debit card payments
Updated On : 10 Oct 2024 | 11:28 PM IST

Bernstein quants downgrade Indian stocks, predict further upside for China

The quant strategists lowered their call on India to underweight from neutral, citing expectations for continued foreign outflows and weak earnings

Bernstein quants downgrade Indian stocks, predict further upside for China
Updated On : 10 Oct 2024 | 11:09 PM IST

Tesla's 'dream premium' faces moment of truth at Robotaxi reveal event

Whether Musk manages to dazzle by once again pulling a proverbial rabbit out of his hat, or fails to impress, one thing is for sure: Investors are in for some turbulence

Tesla's 'dream premium' faces moment of truth at Robotaxi reveal event
Updated On : 10 Oct 2024 | 11:05 PM IST

After EU, Google faces painful reckoning in US as antitrust cases rev up

Google criticized the Justice Department's initial proposal as "radical," saying it would have "significant unintended consequences for consumers and businesses

After EU, Google faces painful reckoning in US as antitrust cases rev up
Updated On : 10 Oct 2024 | 10:07 PM IST

'Buy India' sovereign bonds chorus grows as demand outpaces supply

The supply crunch comes just as Indian bonds have emerged as top performers among major Asian nations, driven by their recent inclusion in global debt indexes

'Buy India' sovereign bonds chorus grows as demand outpaces supply
Updated On : 10 Oct 2024 | 7:42 PM IST

Name that showed possibilities, Ratan Tata's vision should still be India's

Ratan Tata's own instincts seemed to have nudged him in a different direction, while he never gave up on manufacturing, he always believed that Indian companies should be global

Name that showed possibilities, Ratan Tata's vision should still be India's
Updated On : 10 Oct 2024 | 12:06 PM IST

Amazon adds Apple TV+ to US channels store, offering popular shows

Apple will begin selling TV+ subscriptions through Prime later this month, Mike Hopkins, senior vice president of Amazon Prime Video said

Amazon adds Apple TV+ to US channels store, offering popular shows
Updated On : 10 Oct 2024 | 9:49 AM IST

Donald Trump vows to eliminate income taxes on Americans living abroad

No-taxes-on-Americans-abroad pledge is the latest in a series of Trump plans to cut personal tax bills, he's also floated exempting tipped wages, overtime pay and Social Security benefits from taxes

Donald Trump vows to eliminate income taxes on Americans living abroad
Updated On : 10 Oct 2024 | 8:54 AM IST

Looming Israeli strike on Iran brings fresh test for US ceasefire attempts

While Israel, with US and UK help, knocked down almost all incoming missiles and drones in an attack in April, this time many of Iran's ballistic missiles hit close to their targets

Looming Israeli strike on Iran brings fresh test for US ceasefire attempts
Updated On : 10 Oct 2024 | 8:45 AM IST

How climate change contributes to dangers, influences paths of hurricanes

Scientists have linked high ocean temperatures to the rapid intensification of hurricanes- Milton's wind speed increased 95 miles per hour in a single day

How climate change contributes to dangers, influences paths of hurricanes
Updated On : 10 Oct 2024 | 8:34 AM IST

Apple's Dan Riccio, key executive in both Steve Jobs, Cook eras, to retire

Riccio's exit marks one of the most significant departures from Apple's management team- though it's been in the making for quite some time now

Apple's Dan Riccio, key executive in both Steve Jobs, Cook eras, to retire
Updated On : 10 Oct 2024 | 8:25 AM IST

Chinese stocks suffer biggest drop since 2020 on stimulus skepticism

The CSI 300 Index plunged 7.1 per cent, erasing its advance from Tuesday, when mainland markets reopened after the Golden Week holidays

Chinese stocks suffer biggest drop since 2020 on stimulus skepticism
Updated On : 10 Oct 2024 | 12:00 AM IST

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang

Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang
Updated On : 09 Oct 2024 | 11:54 PM IST

Byju's founder denies fraud, says missing funds used for legitimate purpose

The company got the $1.2 billion loan nearly three years ago as it planned to use most of the proceeds on an international expansion, Raveendran claimed

Byju's founder denies fraud, says missing funds used for legitimate purpose
Updated On : 09 Oct 2024 | 10:34 PM IST

Jindal abandons oil venture with Venezuela's crude producer PDVSA: Report

Jindal is exiting the deal under which it would have overseen one of Petroleos de Venezuela's key installations for producing and processing heavy-crude oil for export

Jindal abandons oil venture with Venezuela's crude producer PDVSA: Report
Updated On : 09 Oct 2024 | 8:10 PM IST

Standard Chartered India CEO Zarin Daruwala to retire in April 2025

Daruwala, who is one of the two female heads of large foreign banks in the country, joined the lender in 2016 as CEO for India

Standard Chartered India CEO Zarin Daruwala to retire in April 2025
Updated On : 09 Oct 2024 | 3:55 PM IST

RBI eases its hawkish stance, index addition to extend market bond rally

Indian bonds handed investors a gain of more than 8 per cent this year, thanks to about $16 billion of foreign inflows

RBI eases its hawkish stance, index addition to extend market bond rally
Updated On : 09 Oct 2024 | 2:08 PM IST

Global emissions likely have peaked as renewable sources take hold

The cost of deploying solar panels and battery technology is due to drop by 19 per cent by 2030, helping deliver record amounts of low carbon power

Global emissions likely have peaked as renewable sources take hold
Updated On : 09 Oct 2024 | 11:44 AM IST