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'Volkswagen in talks about passenger car production partnership in India'

The comments come after Volkswagen in February signed a supply agreement with India's Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles

Govt should lower tax on recruitment agencies to help boost employment: ISF

'This discourages many employers from hiring contract workers through recruitment agencies as they see the steep tax as an additional burden.'

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales

The company's SU7 currently has four models, with prices ranging from 215,900 to 299,900 yuan. As of May 15, Xiaomi has delivered 10,000 EVs

Honasa Q4 results: Net profit up at Rs 30.48 cr over strong demand

Skincare firm Mamaearth's parent posted a near 22% rise in revenue from operations to Rs 471 crore

Page Industries Q4 earnings miss on high inventory costs, muted demand

Soaring inventory costs hit Page Industries' bottom-line even as post-COVID demand for its innerwear and athleisure collections stayed steady

India's use of crude tankers to export diesel to European Mkts slows in May

While more April shipments from India to Europe provided a floor for Asian margins, fewer such voyages in May will likely compel Indian refiners to shift diesel sales back to Asia

Growth across UK biz dips in May, in early blow to Sunak, shows PMI survey

S&P Global UK Composite Purchasing Managers' Index for the services and manufacturing sectors fell to 52.8 in May from 54.1 in April

PM Sunak, Keir Starmer to hit campaign trail as UK election race begins

Both party leaders are expected to hit the campaign trail, seeking to seize the early initiative by meeting voters and delivering the messages they hope will earn them enough seats in parliament

Lenovo reports 9% surge in Q4 revenue to $13.8 billion, beats expectations

This marks a second consecutive quarter of revenue growth for Lenovo after it suffered five straight quarters of revenue declines amid the post-COVID slowdown

OpenAI signs content agreement with WSJ parent News Corp to train AI models

OpenAI already has an agreement to license content from the Financial Times for training AI models

Confident of meeting 2024 forecasts as air travel grows, says Rolls-Royce

Rolls-Royce, which makes engines for Airbus and Boeing's wide-body jets, aims to become more competitive company

Singapore economy grows 2.7%, fastest in 18 months as outlook improves

Separate data showed annual core inflation came in at 3.1 per cent in April, matching the rate in March

Germany backs ending EU tax break that helps Shein, Temu keep prices low

Under current EU regulations, packages purchased online from a non-EU country are not subject to customs duties if their value is under 150 euros

France less attractive for renewable investment, says TotalEnergies

France hopes to have 45 gigawatts (GW) of offshore wind in operation by 2050 to achieve carbon neutrality

Chinese military practiced Taiwan invasion manoeuvres in 2023: US general

Hours before his remarks, Taiwan's military mobilised its forces on Thursday after China started two days of punishment drills

Business activity expands in May as exports surge, PMI rises to 61.7

Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders

Indian stocks to scale new peaks, rising over 8% this year, shows poll

Despite growing concerns that India's equity markets are overvalued, local investors have so far ignored warnings and driven share prices to record highs

Several key Asian share benchmarks fall on patient approach to rate cuts

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57 per cent. Australia's S&P/ASX 200 index was one of the biggest decliners

Microsoft's UAE deal could transfer key US chips, AI technology abroad

US officials have said that AI systems could pose national security risks, for example by making it easier to engineer chemical, biological and nuclear weapons

Warner Bros' TNT strikes 5-year deal with ESPN for college football playoff

Walt Disney said on Wednesday TNT will present two-round games for two years and include two quarter-final through 2028 season