Page 205 - Reuters

Meta to pay $25 mn to settle Trump's 2021 lawsuit over account suspension

Trump filed lawsuits against Twitter, now known as X, Facebook Inc and Alphabet Inc's Google, as well as their chief executives in July 2021, alleging they unlawfully silence conservative viewpoints

SoftBank may invest up to $25 billion in OpenAI, eyeing top backer role

Stargate is a joint venture by Oracle, OpenAI and SoftBank, that plans to invest up to $500 billion to help the United States stay ahead of China and other rivals in the global AI race

Whirlpool planning to reduce stake in India unit to about 20% in 2025

Last year, Whirlpool Corp sold a 24 per cent stake in the Indian unit for about $468 million in a bid to reduce debt

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns world

DeepSeek's quick progress has stirred doubts about the lead America has in AI with models that it claims can match or even outperform Western rivals

US Fed leaves policy rate unchanged, says unemployment rate is low

Fed officials say they largely believe the progress in lowering inflation will resume this year, but have now put rates on hold as they await data to confirm it

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