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Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban

TikTok, which says it has not shared and would not share US user data with the Chinese government, has argued the law amounts to a ban that would violate the US free speech rights of its users

Tesla's shift on low-cost cars throws India investment plans into limbo

The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 mn vehicles before investing in new manufacturing lines

Visa results beat Wall Street estimates on resilient consumer spending

Credit card giant American Express also beat expectations for first-quarter profit last week

Rupee at 2-week high on improved risk appetite; forward premiums tick up

The dollar index declined on Tuesday and was last quoted at 105.6, while the Korean won and Indonesian rupiah rose by 0.4% each to lead the gains among the rupee's Asian peers

Airtel says not in talks to buy Vodafone UK's stake in Indus Towers

"The company has no desire to raise its stake beyond what is required for financial consolidation of Indus in the company,' Airtel said in an exchange filing

Now go win the fight: US Congress passes Ukraine aid after months of delay

The four bills were combined into one package in the Senate, which President Joe Biden said he would sign into law on Wednesday

Unemployment biggest worry in India, world's fastest growing economy: Poll

Prime Minister Narendra Modi's BJP, widely expected to return to power for a third straight term, had promised to create more jobs when elected in 2014

Tesla to introduce new models ahead of planned timeline, shares jump

Currently, Tesla's Model 3 and Model Y, with starting prices of around $40,000, are its only volume sellers

Boeing, Spirit agree on $425 mn deal to address supplier's issues

Spirit will also provide to Boeing specified financial information on a weekly basis

Tesla could start selling Optimus robots by end of 2025: Elon Musk

Musk told investors on a conference call that he guessed the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year

EU parl approves rules requiring companies to repair worn-out products

Consumers will gain the right to choose either a repair - or a replacement - for faulty products while the product is still under guarantee

Microsoft launches lightweight artificial intelligence model Phi-3-mini

SLMs are designed to perform simpler tasks, making it easier for use by companies with limited resources, the company said

Tesla to lay off nearly 2,700 employees in Texas factory, says report

The notice on Monday was issued under the WARN Act, a U.S. labor law that requires companies with 100 or more employees to notify 60 days ahead of planned closings or mass layoffs

Tesla shares rise 2.3% to $145 in early trading ahead of quarterly results

The stock was up 2.3% at $145.34 in volatile early trading ahead of the report, due after the closing bell

IIFL Finance's RBI-directed audit starts after March gold loan ban

The RBI said in March that the restrictions will be reviewed after completion of a special audit and the company's rectification of the audit findings

US business activity cools in April to 4-month low due to weaker demand

S&P Global said on Tuesday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors

Prosecutors ask to punish Trump for violating gag order in hush money trial

As Trump watched from the defense table, New York prosecutor Christopher Conroy cited posts from the former president's Truth Social platform that he said violated the gag order

ICICI Prudential Life Insurance Q4 results: PAT declines 26% to Rs 174 cr

The decline in VNB margin is primarily on account of the shift in the underlying product mix towards unit-linked business, the company said in an exchange filing

MSCI Q1 results: Profit jumps on higher demand for index products April 23

Companies such as MSCI benefit from market swings as investors rush to rebalance portfolios and hedge against risks

Govt bond yields edge lower as oil prices stabilises, awaits fresh triggers

The benchmark Brent crude contract, which had crossed $92 per barrel earlier this month on fears of an escalation in the Middle East conflict