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Tesla plans to build new EVs in mid-2025, to compete with cheaper gas cars

Those models, including an entry-level $25,000 car, would allow it to compete with cheaper gasoline-powered cars and a growing number of inexpensive EVs, such as those made by China's BYD

Blue Dart Express Q3 profit rises to Rs 888.9 mn on festive demand

Logistic companies have been grappling with increased competition, slow demand and volatile air turbine fuel (ATF) rates, which form a major part of their expenses

Tata Steel Q3 profit at Rs 513 crore as lower costs counter weak revenue

Subdued local prices due to cheaper shipments from top producer China hurt the country's steelmakers in the October-December period, despite sustained domestic demand

Gold prices firms on softer dollar as market await US economic data

Spot gold edged up 0.2% to $2,032.88 per ounce by 12:50 GMT. U.S. gold futures rose 0.42% to $2,034.30

Govt approval required for IFSC listings of cos from bordering nations

The rules lay out how companies can list their shares in the International Financial Services Centre (IFSC) housed in the Gujarat International Financial Tech City (GIFT)

TVS Motor beats Q3 profit view on strong festive demand, sales up by 25%

Sales of motorcycles jumped about 20%, accounting for nearly half of the total business, while sales of less-expensive scooters surged 36.5%, boosting TVS' revenue by 26% to 82.45 billion rupees

Zee asks Sony Group to withdraw termination of $10 billion merger plan

The company has also approached the National Company Law Tribunal seeking directions to implement the merger, Zee added

Boeing to boost manufacturing in Vietnam as supplier builds plant

KP Aero will be formally granted later this week the authorisation to invest $20 million in Vietnam, authorities in the central city of Danang said in a media statement on Wednesday

EasyJet sees smaller loss, strong summer despite West Asia instability

EasyJet said it was able to mitigate the impact of the war in Gaza thanks to capacity growth in areas where demand was rising, and that bookings had recovered since late November

Stock market of Hong Kong bounces after PBOC announces rate RRR cut

Mounting hopes that Chinese authorities would come to the rescue of the battered market with more measures and news of Jack Ma scooping up Alibaba Group shares also lifted overall market sentiment

Alstom Q3 sales miss forecast, still weighing capital increase to cut debt

On Wednesday, Alstom said it was still studying the feasibility and potential size of a share sale

India's banking system liquidity deficit hit record high, shows data

The deficit widened to Rs 3.34 trillion ($40.18 billion) as on Jan. 23, nearly tripling from the start of the month, data from the Reserve Bank of India (RBI) showed

SoftBank offloads another 2% in Paytm as fintech sees spate of selldowns

The Japanese conglomerate, which sold shares between Dec. 19 and Jan. 20, now holds a 5.06 per cent stake in the company, according to an exchange filing on Wednesday

Sebi gives offshore funds additional 7 mths to liquidate holdings: Rpts

"There is no immediate deadline or cliff for offshore funds to liquidate any holdings," said the first of the two sources

India business growth at four-month high in January, shows survey

That put the index above the 50-mark that separates expansion from contraction for the 30th consecutive month

12.44 mn urban jobs added in 2023, more effort needed this year: China

For the full year of 2023, the average nationwide survey-based jobless rate dropped to 5.2 per cent from 5.6 per cent in 2022

India to retain top economy title as govt spending stays strong: Poll

While inflation rose to the fastest pace in four months in December to 5.69 per cent, driven by pressures from food prices, economists expect that to fade soon

Singapore's Asia Genesis closes hedge fund after losing bets on China

The fund, which hedge fund veteran Chua launched in 2020, manages about $300 million

China regulator removes draft video game rules from website, stocks jump

The link to the draft rules on the National Press and Publication Administration's (NPPA) website was inaccessible as of Tuesday morning, after having worked on Monday

Netflix to stream WWE Raw starting 2025 in $5 billion bet on live events

Netflix will also exclusively telecast outside the U.S. all WWE shows and specials, including SmackDown, as well as pay-per-view live events such as WrestleMania and Royal Rumble