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Sebi seeks curbs to limit retail investors' derivatives risk: Reports

With Indian share prices near record highs, drawing increased retail investor interest, the regulator is concerned smaller players could suffer losses on derivatives if markets turn volatile

IPO-bound Ola Electric recorded $136 million loss in FY23: Report

The e-scooter maker last year in June issued a statement saying it was "on track to surpass $1 billion run rate by end of this year" and "the future forecast looks even stronger."

BYD tells India partner it wants to drop $1 bn EV investment plan: Reports

BYD and its partner, privately held Megha Engineering and Infrastructures submitted a proposal to the Indian govt in April to jointly build electric cars in India, Reuters reported earlier this month

PM Modi tells investors India wants to be 'trusted partner' for chipmaking

The investment bodes well for the event, which is the prime minister's latest attempt to attract investors into the chip industry after his initial bid to offer incentives floundered

Vegetables in India to stay expensive for longer on erratic monsoon

Vegetables prices, which have a 6% weighting in the overall consumer price index (CPI), hit a seven-month high in June, rising 12% month-on-month, official data shows

AMD to invest $400 mn in India over 5 yrs to extend R&D capabilities

Despite being a late entrant, the Modi government has been courting investments into India's nascent chip sector to establish its credentials as a chipmaking hub

Silicon Power to invest $121.7 mn in semiconductor plant in Odisha

Silicon carbide is a component that goes into chips used in electric cars and other industrial power and energy applications

Global automakers scramble to reset China strategies as sales slow

Global automakers, who for years have dominated the market along with their Chinese state-run partners, have been slow to pivot to the fast-growing market for EVs with competitive offerings

China's petrol demand to peak as electric vehicle sales soar: Analysts

With gasoline consumption having topped out in the U.S., the world's top gas guzzler, in 2019 and China set to peak around next year, global gasoline markets could move into a surplus from 2025

Will provide free grains to Africa, promises Russian President Putin

Putin told the summit that over 70 per cent of Ukrainian grain exported thanks to the now-lapsed deal had gone to high-or-above-average-income countries

Facebook parent Meta stock surges 8% on AI-powered ad sales booster

Meta's results were also supported by improving monetisation of Reels, a short-form video format that is the company's answer to TikTok

India model pre-orders 'exceeding expectations', says Harley-Davidson CEO

This time the company has teamed up with Hero Motor Co, the world's largest motorcycle maker, to make the bikes with prices below Rs 2.33 lakh ($2,841)

Disney's Hotstar India plans to limit account sharing, says report

Disney's plan comes just as streaming rival Netflix in May started telling subscribers in more than 100 countries they will need to pay more to share the service with people outside their household

McDonald's India franchisee Westlife's profit misses as costs mount

The franchisee said consolidated net profit after tax rose 22% to 288.3 million rupees ($3.52 million) for the April-June quarter, missing Refinitiv IBES estimates of 321 million rupees

India asking for renegotiation of FTAs with Japan, S.Korea -trade minister

Goyal also termed India's free trade agreement with the Association of Southeast Asian Nations (ASEAN) "ill-conceived" and "unfair" to the Indian industry

Tax dept should conduct evasion searches with caution: Parl panel

"The committee are of the view that while stepping up enforcement action against wilful or chronic evaders, honest taxpayers should not be alienated," the report said

Harley-Davidson quarterly profit skids, outlook revised on production halt

Net profit fell to $178 million, or $1.22 per share, in the quarter, from $215.9 million, or $1.46 per share, a year earlier

Blue Dart Express reports over 48.4% decline in Q1 profit to Rs 62.81 cr

Aviation turbine fuel, which accounts for about 40% of operating costs for express logistics companies, corrected sequentially during the June-quarter

Top shareholders of drugmaker Cipla looking to sell stake: Report

The company has hired an investment bank to advise on the deal, the report said

McDonald's India franchisee Westlife's profit misses as costs mount

The franchisee for the US fast-food chain said consolidated net profit after tax rose to 288.3 million rupees ($3.52 million) for the quarter through June from Rs 23.58 crore a year earlier