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EU's new technology law exempts Apple's iMessage, Microsoft's Bing

European Union's new Digital Markets Act takes effect in three weeks' time

Eicher Motors Q3 results: Profit up 34% at Rs 996 cr, beats estimates

The company's profit rose 34.4% to Rs 996 crore ($120 million) in the three months to Dec. 31, beating analysts' estimates of Rs 989 crore, as per LSEG data

IT ministry fears losing out to China, Vietnam in smartphone exports race

Lower tariffs on components is key to India's ambitions to attract smartphone manufacturers

KRBL Q3 results: Profit declines nearly 35% on weak export demand

Consolidated net profit was 1.34 billion rupees ($16.1 million) for the quarter ended Dec. 31, compared with 2.05 billion rupees a year earlier

Crude oil prices drift up with focus on tensions in West Asian region

Brent futures rose 30 cents to $82.30 a barrel as of 0924 GMT. U.S. West Texas Intermediate (WTI) crude gained 31 cents to $77.23 a barrel

Bosch Q3 results: Profit rises 62.5% on healthy auto parts demand

The company's net profit rose year-on-year to Rs 518 crore ($62.4 million) in the three months to Dec 31

Paytm crisis: Non-bank lenders explore options for loan disbursal

While non-bank lenders have not terminated their contracts with Paytm, sources said that they have no visibility as to when they might be able to resume lending through the Paytm app

Arvind Fashions Q3 result: Revenue rises 5% to Rs 1,125 cr, shares down 9%

The company's shares tumbled nearly 9% after the results, in their biggest intra-day slide in five weeks

Russia warns West: We will be very tough if you 'steal' our assets

Russia has said that if its property is seized then it will seize U.S., European and other assets in responses

Trading at India's MCX resumes after 4-hour delay due to technical snag

MCX is primarily a venue to trade gold, silver, crude oil and base metal futures contract in India, a leading importer of these commodities

India narrows gap with China in key MSCI index with weight hitting new high

In comparison, China's weight in the index fell to 25.4 per cent after the February revision, from 26.6 per cent a year ago

Tata cuts EV prices by up to Rs 1.2 L to pass on battery price reduction

Indian automaker Tata Motors' electric vehicle (EV) unit on Tuesday said it reduced prices of its cars by up to 1,20,000 rupees ($1,445.54) to pass on battery price reduction benefits to its customers

India's weightage climbs to record high on MSCI Global Standard index

India's weightage in the index has nearly doubled since November 2020

SoftBank-backed Eruditus plans to shift to India from Singapore for IPO

India's $4 trillion stock market has been pulling in billions of dollars of domestic and foreign money as investors flock to a fast-growing alternative to China

Sebi increases scrutiny of IPO documents over use of funds: Report

As per Sebi rules, funds raised via IPOs can be used for capital expenditure, debt reduction, general corporate purposes and acquisitions

AI frenzy puts Nvidia briefly ahead of Amazon in market value: Report

The last time Nvidia was more valuable than Amazon was in 2002, when they were each worth under $6 billion

Unilever CEO Schumacher says board member Peltz backs strategic changes

When Unilever reported fourth quarter earnings last week, some investors and analysts said it was still not regaining lost market share quickly enough

India bond yields fall as focus shifts to key inflation numbers: Report

Last week, the RBI kept policy rates and stance unchanged, while reiterating its commitment to meet the medium-term 4% inflation target

Novo Nordisk's major shareholder plans to invest about $35 bn by 2030

For Novo Holdings, which invests in life science companies and had assets of 108 billion euros ($115.86 billion) at end-2022, its recent investment in India was its largest in Asia to date

Global carbon markets value hits record $949 bn in 2023, shows data

The world's most valuable carbon market, the EU's ETS, was worth around 770 billion euros last year, up 2% from the previous year and representing 87% of the global total