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Microsoft touts AI strength, but shares dip as market digests costs

There are now 53,000 Azure AI customers, a third of whom were new to the service in the past 12 months, Nadella told analysts on a conference call

Govt appoints members for new finance panel to recommend on federal taxes

The panel will submit its report by Oct. 31, 2025 covering a period of five years commencing on April 1, 2026

Tinder-parent Match forecasts weak revenue on lower spending on dating apps

It forecast 2024 revenue of between $3.57 billion and $3.67 billion, representing a growth of 6 per cent to 8 per cent compared with an estimate of 7.8 per cent

Blue Star Q3 results: Profit jumps to Rs 100 cr on strong festive demand

The company posted a consolidated net profit of Rs 100 crore ($12 million) for the three months ended Dec. 31, up nearly 72% from last year. Revenue from operations rose about 25%

Hamas studies ceasefire proposal after Israeli hospital raid in West Bank

The raid underscored the risk of the Gaza war spreading to other fronts, while Israeli forces fought new battles with Hamas fighters in the Palestinian enclave

US job openings unexpectedly rise by 101,000 to 9.026 million in December

Data for November was revised higher to show 8.925 million unfilled positions instead of the previously reported 8.79 million. Economists polled by Reuters had forecast 8.75 mn job openings in Nov

Conflict in West Asia remains growing risk for energy markets: J P Morgan

Recent attacks on vessels in the Red Sea by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia

US consumer confidence rises to hit two-year high mark in January

The Conference Board said on Tuesday that its consumer confidence index rose to 114.8 this month, the highest reading since December 2021

Pfizer posts surprise 4th quarter profit, but key products miss on sales

The New York-based drugmaker earned 10 cents per share on an adjusted basis for the fourth quarter. Analysts on average had expected a loss of 22 cents per share, according to LSEG data

Voltas Q3 results: Profit falls 58% to Rs 23.85 crore as expenses rise

The Tata Group-owned company's consolidated profit before exceptional items and tax fell 58% from last year to Rs 23.85 crore ($2.87 million) in the three months to Dec 31

Adani Total Gas Q3 results: Net profit rises 18% on higher CNG sales

The company, which distributes piped gas to various Indian cities, said consolidated profit rose to 1.77 billion rupees ($21 million) for quarter ended Dec 31 from 1.50 billion rupees a year earlier

SRF Q3 results: Profit more than halved to Rs 253 crore on global demand

Consolidated net profit after tax fell to 2.53 billion rupees (about $30 million) for the three months ended Dec.31 from 5.11 billion rupees a year ago

TeamLease Q3 results: Profit rises 7% on strong general staffing business

Overall consolidated revenue from operations rose nearly 22% to 24.45 billion rupees

Red Sea crisis: Exports, higher freight impacts wire maker R R Kabel

Attacks by Yemen's Houthi militia on merchant ships in the Red Sea and retaliatory U.S. strikes have ratcheted up tensions in the Middle East as the Gaza war rages on

Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report

Aadhar plans to file its IPO papers with India's market regulator within the next two weeks, both sources said

L&T Q3 results: Net profit rises 15% to Rs 2,947 crore, misses estimates

The company's consolidated net profit rose 15% to Rs 2,947 crore ($355 million) for the quarter ended Dec. 31, but fell short of analysts' estimate of Rs 3,304 crore, as per LSEG data

Gillette India Dec quarter results: Net profit rises 39.6% on better demand

Gillette India also declared an interim dividend of 85 rupees per share for the financial year 2023-24, which includes a one-time special dividend of 40 rupees per share

PB Fintech Q3 results: PAT at Rs 38.05 cr, revenue from ops rises 43%

Revenue from operations rose nearly 43 per cent to Rs 871 crore rupees as proceeds from its insurance broker services more-than-doubled

Crude oil up on tensions in West Asia, China economy worries limit gains

March Brent crude futures, which are due to expire on Wednesday, rose 8 cents, or 0.1%, to $82.48 a barrel by 1059 GMT

Red Sea crisis: India on track to export record-low diesel to Europe in Jan

Volumes have so far declined by roughly 80% month-on-month to 33,400-58,000 barrels per day (bpd), Kpler, LSEG and Vortexa shiptracking data showed