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Volkswagen Group's India unit looking to introduce entry-level electric SUV

The carmaker is looking at exporting the new EV to southeast Asia, Gulf Cooperation Council (GCC) countries and North Africa

Titan Q3 results: Profit rises 9.4% to Rs 1,040 crore, misses estimates

Indian jeweler and watch maker Titan Company reported third-quarter profit below estimates on Thursday as escalating costs of bullion outshined demand during the festive season

India yet to see significant improvement in debt affordability: Moody's

Moody's in August had affirmed a 'Baa3' rating on India with a stable outlook. A higher rating implies lower economic risk, allowing a country to borrow at cheaper rates

Govt seeks to boost oilseed output to cut expensive vegetable oil imports

India, the world's biggest vegetable oil importer, spent a record $20.8 billion on its edible oil purchases in the fiscal year to March 2023

Thailand airport operator expects 8 million Chinese visitors this year

The announcement comes after the two countries mutually waived visa entry requirements for their nationals effective in March. Thailand removed visa requirements for Chinese late last year

Rupee hits two-week high, forward premiums choppy; volumes improve

The rupee ended at 82.9650 to the U.S. dollar, up from 83.0425 in the previous session. The currency hit its highest intraday level of 82.9325 since Jan 16

Shell's 2023 profit drops 30% to $28 billion, boosts dividend by 4%

The British company's payouts to shareholders reached around $23 billion in 2023, over 10% of Shell's market value

Reliance, Bodhi Tree set for 60% stake in Disney India merger: Report

The valuation of Disney's India unit is sharply lower than the $15-$16 billion estimated when Disney acquired it in 2019

V-Guard Q3 results: Profit rises 48% to Rs 58.24 crore, beats estimates

Consolidated net profit rose 48% to 582.4 million rupees ($7 million) in the quarter ended Dec. 31 from a year earlier. Analysts, on average, had expected a profit of 555.1 million rupees

Red Sea disruption causing delays, higher costs: Adidas CEO Bjorn Gulden

Shipments are currently delayed by about three weeks, CEO Bjorn Gulden said, and that is causing some delivery issues, especially to Europe

Dr. Lal PathLabs Q3 results: Profit rises 54% to Rs 81.3 cr, revenue up 10%

The October-December quarter encompasses the tail end of the monsoon as well as winter, which brings with them ailments such as influenza and stomach flu

Adani Enterprises Q3 results: PAT jumps to Rs 1,888 cr, revenue up 6.5%

Higher margins and volumes in coal trading drove the division's EBITDA higher despite a fall in coal prices, Adani Enterprises said in a statement

Govt to increase coal-fired capacity in 2024 by 14 GW: Power Ministry

The south Asian nation failed to achieve a target to add 175 GW of renewable power capacity by 2022. The planned coal-fired capacity increase in 2024 will exceed its 2023 renewables increase of 13 GW

Domestic oil imports from Russia hit 12-month low in Jan as sanctions bite

Last year, India emerged as a top buyer of sea-borne Russian oil sold at a discount after Western countries halted imports following Moscow's invasion of Ukraine

Adani Ports Q3 result: Profits surge 68%, net profit reaches Rs 2,208 cr

Adani Ports and Special Economic Zone, India's largest private port operator, reported a nearly 68% surge in third-quarter profit on Thursday, helped by a jump in cargo volumes and higher tariffs

India Cements Q3 result: Loss of Rs 16.5 cr due to subdued demand

India Cements reported a loss for the third quarter on Thursday, hit by subdued demand due to a slow down in construction activity ahead of elections and cyclone in some states

Deutsche Bank posts 30% drop in Q4 profit; announces buybacks, dividends

The earnings set the stage for what could be a more difficult 2024 for banks, with possible interest rate cuts later this year eroding the interest income that has proven a boon to banks

BNP Paribas net income falls 50%, misses earnings forecast in Q4

BNP's group sales in the fourth quarter were up 0.1% to 10.9 billion euros, below the 11.4 billion-euro average analyst estimate

Google signs its largest offshore power agreement with Dutch wind projects

Google, however, is seeking to match each hour of electricity used with an hour of clean power production, something proponents of the method say better reflects companies' actual energy use

FM unveils interim budget, says economy going through profound change

Modi is leading the election race by a distance because of his personal popularity and the government is under little pressure to announce populist schemes, analysts say