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Accenture forecasts first-quarter revenue below Wall Street estimates

Infosys halved its full-year revenue forecast in July, citing delayed decision-making on future projects from clients, while Tata Consultancy Services also flagged soft demand

ECB looks to leverage AI to better understand inflation after big misses

Joining the masses of firms already using AI, the ECB is now exploring ways to process and analyse millions of data points, including public price data, corporate statistics

SAIL expects four coking coal ships of 75,000 tonnes each from Russia

SAIL said it was working on doubling coking coal production capacity in International Coal Ventures Private Limited (ICVL) at Mozambique

Current account deficit widens to 1.1% of GDP during Q1FY24: RBI

The deficit was $17.9 billion, or 2.1% of GDP, in the first quarter a year ago, the Reserve Bank of India's release showed

Adani group appoints new auditor for its main UK subsidiaries: Report

Ferguson Maidment & Co audited the annual accounts that Adani Energy Holdings and its subsidiaries filed with British government agency Companies House last month, FT reported

X CEO Yaccarino says Musk-owned platform could turn a profit next year

"The velocity of change and the scope of ambition at X really does not exist anywhere else," Yaccarino said

Major blow to TikTok, Indonesia bans e-commerce sales on social media

The move comes just three months after TikTok pledged to invest billion of dollars in Southeast Asia, mainly in Indonesia, over next few years in major push to build e-commerce platform TikTok Shop

OpenAI plans sale of existing shares at $80-$90 billion valuation

It would make OpenAI one of the world's most valuable private companies

Toyota Motor plans third India plant, new SUV as domestic sales surge

The world's biggest car maker wants the plant to start with capacity of 80,000-120,000 vehicles a year, which could grow to around 200,000 over time

Income tax officers visit factory, Bengaluru office of China's Lenovo

The officials inspected laptops of Lenovo employees during the visit, one of the sources said. They also tried to contact Lenovo's senior management during and after the visit as part of the inquirY

iPhone assembly resumes production at Indian factory after fire: Pegatron

Pegatron had halted the assembly of iPhones for the past two days at its factory in Tamil Nadu state after a fire broke out on Sunday

Edible oil imports likely to fall 6% due to higher carryover stocks

The country is likely to import 9.5 million metric tons of palm oil next year against 10 million in 2022-23, he told a global conference on vegetable oils in Mumbai

India may not be planning tax changes for bond inclusion in global indices

India is not planning any changes to its tax regime to help Indian government bonds be included on other global indices, a government source said on Wednesday

NMDC's low-grade iron ore export to China hindered by logistics: Report

Indian producers of low-grade ores largely depend on foreign markets because most major domestic steel producers use high-grade iron ores

Pegatron India fire traced to workers' failure to turn off switch: Reports

The lapse at key Apple supplier Pegatron's only factory in India, located in the southern state of Tamil Nadu, has cost three straight days of lost production

Sebi examining proposal for extended derivative trading hours: Report

Sebi is assessing whether the extended hours will fuel already high derivative trading volumes and if the trade settlements will be smooth, one source said

Explainer: How serious is Russia's fuel export ban and who will be hit?

Russia said exports would resume once it had stabilised its domestic market, but did not give a precise timeline

India to hold top spot for growth but risks to downside remain: Poll

Forecasts for this fiscal year ranged widely from 4.6 per cent to 7.1 per cent

Canada's lentil sales to India slow after Trudeau raises murder suspicions

Canada is India's main import source of lentils, a protein-rich staple used to make daal curry

OPEC's share of India's August crude oil imports at five month high

This surge was attributed to Indian refiners reducing their purchases of Russian oil due to elevated prices and maintenance outages at some facilities, as indicated by tanker data from various sources