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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

Eicher expects exports of Royal Enfield to pick up after two-year slump

Strong domestic sales of Royal Enfield, a premium-priced motorcycle, helped Eicher post a bigger-than-expected 12.3% jump in revenue to 41.79 billion rupees ($504 million) for the Oct-Dec quarter

Datadog forecasts revenue results below market estimates on weak adoption

Growing competition in the sector from bigger rivals such as SentinelOne and CrowdStrike is also weighing in on smaller players like Datadog

India, UAE sign agreement to develop trans-continental trade corridor

The corridor, announced last September on the sidelines of the G20 summit in New Delhi, aims to extend from India across the Arabian Sea to the United Arab Emirates and through Saudi Arabia

Sula Vineyards Q3 results: Profit up 9% at Rs 42.98 cr on strong demand

The Mumbai-headquartered company said its consolidated net profit rose to Rs 42,98 crore ($5.2 million) from Rs 39.28 million rupees year ago

Moody's Q4 results: Profit below estimates, revenue up 15% at $1.48 bn

The company's credit ratings segment posted revenue of $684 million, compared with analysts' average estimate of $699 million, according to LSEG

Zee Entertainment Q3 results: Profit more than doubles to Rs 58.5 crore

Zee's profit rose to Rs 58.5 crore ($7.05 million) for the three months ended Dec. 31 from Rs 24.3 crore a year ago

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