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Adani Group raises stake in IANS, subscribes to fresh shares worth Rs 5 cr

IANS has an authorised share capital of Rs 11 crore, and a revenue of Rs 11.86 crore in FY23

China's cyberspace body reviewing Shein's data handling practices: Reports

The government is also interested in the type of Chinese data that the company will disclose to regulators in the U.S. as Shein seeks a listing there, the newspaper reported

ICICI Lombard Q3 results: Profit up 22% at Rs 431 crore as premiums climb

Profit after tax rose to 4.31 billion rupees (nearly $52 million) for the quarter ended Dec. 31 from 3.53 billion rupees ($42.61 million) a year earlier, the ICICI Bank - backed company said

Crop-killing weeds spread across US farms as chemicals lose effectiveness

Farmers say their losing battle with weeds threatens grain and oilseed harvests at a time when growers are grappling with inflation and extreme weather linked to climate change

Chinese economy growing, open for business: China's Premier Li Qiang at WEF

Li said China, with a rapidly urbanizing population of 1.4 billion people, would play an important role in boosting aggregate global demand

Morgan Stanley's Dec quarter profit hit by charges, revenue beats estimates

Morgan Stanley's net income fell to $1.5 billion, or 85 cents per diluted share, in the three months ended Dec. 31, compared with $2.2 billion, or $1.26 per diluted share, a year earlier

Crude oil prices rise 1% to $78.96 a barrel on flaring West Asia tensions

Brent crude futures gained 81 cents, or about 1.04%, to $78.96 a barrel at 1333 GMT. The contract had lost 14 cents on Monday

Burger King owner to take full control of Carrols Restaurant in $1 bn deal

Restaurant Brands will take full control of Carrols Restaurant Group in a deal that values the largest Burger King franchise in the U.S at about $1 billion, the company said on Tuesday

Maersk sends two container ships carrying goods for US army through Red Sea

With a fleet of 20 smaller container vessels, the unit ships goods for U.S. agencies including the Department of Defense, State Department and USAID, Maersk said

US energy tax credit trading grows to as much as $9 bn, show study

This market has scaled faster than anyone anticipated, said Crux CEO and co-founder Alfred Johnson, a former Treasury Department staffer

Lamborghini topped 10,000 sales last year for first time: CEO Winkelmann

The carmaker, a subsidiary of Germany's Volkswagen , delivered a total of 10,112 sports cars and SUVs last year, up from over 9,200 vehicles in 2022, a slide attached to Winkelmann's post showed

M&M calls for level playing field for EVs amid Tesla's India entry plans

India sold 4 million cars last year and just 82,000 of those were EVs, but the nascent segment clocked sales growth of 115% versus the previous year

L&T Technology retains full-year forecast after all units post Q3 growth

L&T Technology's consolidated net profit rose 3.36 billion rupees ($40.43 million) from 2.97 billion rupees a year earlier, marginally above analysts' estimate of 3.31 billion rupees

Elon Musk wants 25% voting control at Tesla before fulfilling AI goal

He has long touted Tesla's partially automated "Full Self-Driving" software and its prototype humanoid robots but the electric-vehicle maker generates most of its revenue from its automotive business

BYD's chartered vessel sets sail with 5,000 electric vehicles for Europe

Chinese automakers including BYD, Chery Automobile and SAIC Motor have been placing orders for vessels to counter rising shipping costs as they boost exports

YouTube making money off new breed of climate denial, monitoring group

The Center for Countering Digital Hate (CCDH) used artificial intelligence to review transcripts from 12,058 videos from the past six years on 96 of Alphabet Inc's YouTube channels

Shriram Finance to issue over 3 yr dollar denominated bonds: Bankers

The funds will be used to support social projects and other activities allowed under the Reserve Bank of India's external commercial borrowing guidelines, a term sheet showed

Bank of Baroda to raise up to Rs 5,000 cr via infra bonds in Jan: Bankers

The state-run bank is likely to invite bids from bankers and investors for the proposed issue this month, they said

German industry association expects economy to barely grow in 2024

Russwurm urged Germany's coalition parties to find an agreement and move forward, saying paralysis would be the worst of all scenarios

Comfortable with OpenAI non-profit despite Altman ouster: Satya Nadella

Competition authorities in Europe, Britain and reportedly the United States have started looking closely at the Microsoft-OpenAI relationship