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Apollo Hospitals Q3 results: Profit rises marginally to Rs 245 crore

The hospital chain operator's consolidated net profit rose 59% to Rs 245 crore ($29.5 million) in the three months ended Dec. 31, beating analysts' average estimate of Rs 240 crore, as per LSEG data

Dynamatic Tech inks deal with Airbus to make all A220 door variants

Dynamatic's shares jumped as much as 10.7% after the deal announcement to a record high of 7,780 rupees

India wants multi-year oil purchase deal with Guyana: Guyanese minister

"We will make a decision at some point in time" on crude oil sales to India in a long-term deal, Vickram Bharrat told reporters on the sidelines of industry event India Energy Week in Goa

Microsoft partners with India's Sarvam AI for voice-based genAI tools

Microsoft will support the development of voice-based generative artificial intelligence (AI) applications through a partnership with Indian startup Sarvam AI, the Windows-maker said on Thursday

Equity mutual fund inflows jump to nearly two-year high in Jan: Amfi

Net equity mutual fund inflows rose 28 sequentially to Rs 21,781 crore ($2.62 billion), the highest since March 2022

LG Energy plans to sell batteries to more electric scooter makers in India

LG Energy's India unit dominates the supply of battery cells to domestic e-scooter makers such as Softbank Group-backed Ola Electric and domestic rival TVS

China's consumer prices suffer steepest fall in more than 14 years

Citigroup economists said in a research note last week that they expect mild reflation in 2024, and forecast annual CPI inflation at 1.2 per cent year-on-year

North Korea scraps all economic cooperation with South Korea: Report

The project was suspended in 2008 after a South Korean tourist who strayed into a restricted zone was shot and killed by North Korean guards

Broadcaster Fox's revenue falls 20% on weak political ad spending

The company's advertising revenue fell to $2 billion in the second quarter ended Dec. 31, but came in slightly higher than analysts' estimates of $1.96 billion

New York Times quarterly revenue hit by weak advertisement spending

The publisher reported revenue of $676.2 million for the quarter, missing estimates of $679.24 million. Adjusted profit of 70 cents per share beat expectations

'Boeing to assess whether more action needed after NTSB findings'

A door plug that flew off an Alaska Airlines MAX 9 jet mid-flight on Jan. 5 appeared to be missing four key bolts, according to the NTSB's preliminary report released earlier on Tuesday

Boeing quality a concern, further delays possible, says Ryanair CEO

Ryanair, Europe's largest airline by passenger numbers and one of Boeing's main customers, has ordered over 350 MAX jets in recent years, but has no MAX 9 aircraft

Sebi proposes ways for deregistered offshore funds to dispose of securities

A discussion paper is the first step taken by the Securities and Exchange Board of India (SEBI) before it finally changes its rules for market entities

Vedanta weighs sale of minority stake holding in Zambian copper assets

Vedanta will remain the majority shareholder in the unit if a minority stake is sold, Griffith said in an interview on the sidelines of an African mining conference in Cape Town

Carlyle shares jump 10% after drop in Q4 earnings exceeds estimates

Carlyle said its net profit from asset sales fell nearly 44% to $257.7 million, as market volatility, high interest rates and geopolitical tensions weighed on its ability to cash out investments

Apple building prototype of at least two foldable clamshell iPhones: Report

Apple recently approached at least one manufacturer in Asia for components related to two foldable iPhones of different sizes, the report said

Tesla asks managers which jobs are critical, stoking layoff fears: Report

Tesla sent out a single-line query for each job after canceling some employees' biannual performance reviews, some of the people familiar with the matter told Bloomberg

Alibaba boosts share buy back as revenues miss estimates for Dec qtr

Alibaba is under pressure as consumers in China, have been cutting spending, boosting rival lower-cost domestic e-commerce players such as PDD Holdings

Payments from crypto ransom attacks doubled to record $1 bn in 2023

Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion last year, compared with $567 million in 2022

US trade deficit shrinks 18.7% in 2023, slightly widens in December

Economists expected trade, which added to gross domestic product growth last year, to remain supportive to the economy in 2024, though Red Sea shipping disruptions posed risk