Page 168 - Reuters%20/undefined

As co faces legal challenges, OpenAI chief likely to visit India on Feb 5

OpenAI has said it only uses publicly available data in a manner protected by fair use principles, and has said Indian courts have no jurisdiction to hear the matter

JK Paper Q3 results: Net profit falls 73% to Rs 65.39 cr on soaring costs

The paper and packaging board maker's consolidated net profit tumbled 73 per cent year-on-year to Rs 65.39 crore ($7.6 million) for the quarter ended Dec 31

Fed to hold rates steady as it awaits more data, clarity on Trump's move

Investors and many economists still expect the Fed to reduce interest rates later this year, but the watchword for policymakers for now may be caution until they are more certain inflation will fall

Goa nightclub Tito's considers at least 10% equity sale before floating IPO

Earlier in the day, local media reported that Tito's was eyeing a valuation of 10 billion rupees through an initial public offering for small and medium enterprises (SME)

Bajaj Finance Q3 results: PAT rise 18% to Rs 4,308 cr on strong loan growth

Bajaj Finance booked 12.06 million new loans during the quarter, a 22% increase from last year, while net interest income grew 23% to Rs 9,382 crore

Jindal Stainless Q3 results: Net profit falls 5.3% to Rs 654 crore

Domestic sales grew 20 per cent in the quarter, driven by higher sales to the automobile industry, while exports fell 22 per cent

Tata Motors Q3 results: Net profit falls 22% to Rs 5,451 cr on discounts

The company's profit fell to Rs 5,451 cr ($630 million) in the quarter from Rs 7,025 crore a year before

India's coffee exports likely to decline over 10% on lower production

Lower exports from India could further tighten global supplies, already squeezed by weaker output from top producer Brazil, which would support benchmark futures that hit a record high this week

TeamLease Services Q3 results: PAT down 8.3% at Rs 28.4 cr on high expenses

The staffing services provider's consolidated net profit fell to Rs 28.43 crore ($3.29 million) for the three months ended Dec. 31, from Rs 31 crore a year ago

Oil prices fall as US crude inventories rise, tariff fear continues

Supply concerns eased after Libya's National Oil Corp said on Tuesday export activity was running normally after it held talks with protesters demanding a halt of loadings at one its main oil ports

McDonald's India operator Westlife Q3 PAT falls 59% as consumers spend less

The restaurant operator's consolidated profit after tax stood at Rs 7.01 crore ($810,123.66) for the three months to Dec. 31, lower than Rs 17.25 crore a year ago

PM Modi may tackle economic slowdown, trade turmoil in upcoming Budget

Economists expect measures to raise disposable incomes and tariff cuts to encourage local manufacturing

Alibaba unveils Qwen 2.5 AI model, claims it outperforms DeepSeek-V3

Qwen 2.5-Max outperforms almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit said

Train services resume in Bangladesh after railway workers end strike

The strike, which began on Tuesday, caused significant disruptions for commuters and businesses

SBI Card Q3 results: Net profit falls 30% to Rs 383 crore, revenue flat

Profit after tax fell 30 per cent to Rs 383 crore ($44.3 million) for the three months ended Dec. 31, compared to analysts' average expectations of Rs 459 crore

Volkswagen India faces customs delays over $1.4 billion tax demand

Skoda Auto Volkswagen India has previously said it complies with all laws and regulations and is cooperating with the authorities on the allegtions

Oil prices hover near two-week low, weak China data adds to demand concerns

Brent crude oil futures were up by 35 cents, or 0.45 per cent, to $77.43 per barrel by 0930 GMT. US West Texas Intermediate crude futures were up 30 cents, or 0.41 per cent, to $73.47

TTK Prestige Q3FY25 results: Net profit falls 6.4% to Rs 58.45 crore

TTK's consolidated net profit fell to Rs 58.45 crore ($6.8 million) in the quarter ended Dec. 31, from Rs 62.4 crore a year earlier

US, Europe share markets stabilise in nervy trading after DeepSeek selloff

Behind the rout was the emergence of a low-cost Chinese artificial intelligence model that made investors question the dominance of AI bellwethers and their suppliers

V Guard Q3FY25 results: Net profit rises to Rs 60.22 cr, revenue up 9%

The company's consolidated net profit rose to Rs 60.22 crore ($6.96 million) for the three-month period ended Dec. 31 from Rs 58.24 crore a year earlier