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M&M calls for level playing field for EVs amid Tesla's India entry plans

India sold 4 million cars last year and just 82,000 of those were EVs, but the nascent segment clocked sales growth of 115% versus the previous year

L&T Technology retains full-year forecast after all units post Q3 growth

L&T Technology's consolidated net profit rose 3.36 billion rupees ($40.43 million) from 2.97 billion rupees a year earlier, marginally above analysts' estimate of 3.31 billion rupees

Elon Musk wants 25% voting control at Tesla before fulfilling AI goal

He has long touted Tesla's partially automated "Full Self-Driving" software and its prototype humanoid robots but the electric-vehicle maker generates most of its revenue from its automotive business

BYD's chartered vessel sets sail with 5,000 electric vehicles for Europe

Chinese automakers including BYD, Chery Automobile and SAIC Motor have been placing orders for vessels to counter rising shipping costs as they boost exports

YouTube making money off new breed of climate denial, monitoring group

The Center for Countering Digital Hate (CCDH) used artificial intelligence to review transcripts from 12,058 videos from the past six years on 96 of Alphabet Inc's YouTube channels

Shriram Finance to issue over 3 yr dollar denominated bonds: Bankers

The funds will be used to support social projects and other activities allowed under the Reserve Bank of India's external commercial borrowing guidelines, a term sheet showed

Bank of Baroda to raise up to Rs 5,000 cr via infra bonds in Jan: Bankers

The state-run bank is likely to invite bids from bankers and investors for the proposed issue this month, they said

German industry association expects economy to barely grow in 2024

Russwurm urged Germany's coalition parties to find an agreement and move forward, saying paralysis would be the worst of all scenarios

Comfortable with OpenAI non-profit despite Altman ouster: Satya Nadella

Competition authorities in Europe, Britain and reportedly the United States have started looking closely at the Microsoft-OpenAI relationship

Jindal SAW Q3 results: Net profit rises over twofold to Rs 532 crore

The company posted a consolidated profit after tax of 5.32 billion rupees ($64.1 million) for the quarter ended Dec. 31, 2023 from 2.14 billion rupees a year ago

Dollar up 0.47%, hits 1-month high amid tempered expectations of rate cut

Comments from European Central Bank officials downplaying the idea of early rate cuts overshadowed the outlook for borrowing costs globally

Microsoft introduces subscription based Copilot Pro AI to boost business

Microsoft now expects virtually all of its business customers to sign up, Corporate Vice President Jared Spataro said in an interview

Redesigned Apple watches not subject to import ban, says US customs

The import ban, issued by the U.S. International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on Dec. 26

CEOs fear for their firms in pre-Davos survey as AI, climate risks rise

Advancements in generative AI were top of the concerns for most survey respondents, with almost 75% predicting it would significantly change their business in the next three years

Govt cuts windfall tax on crude petroleum to Rs 1,700 a tonne effective Tue

On Jan. 2, the government had lifted the windfall tax on petroleum crude oil to 2,300 rupees a tonne from 1,300 rupees a tonne

Thomas Cook owner Fosun in advanced talks to sell brand to eSky: Report

A deal with eSky, which is majority-owned by private equity firm MCI Capital, could be reached in coming weeks, according to the report

China calls for Gaza peace talks; Hamas to tell fate of Israeli hostages

Hamas aired video showing three Israeli hostages it is holding in Gaza and urged the Israeli government to stop the offensive against the Palestinian Islamist group and bring about their release

Donald Trump seeks early victory as Iowa caucus kicks off Republican race

A strong second-place showing for either Haley or DeSantis would keep alive the idea that Trump's march toward the nomination is not a foregone conclusion

Israel cabinet passes amended 2024 budget, allocates $15 bn for war in Gaza

Israel last year approved a two-year budget for 2023 and 2024, but the Gaza war has shaken up government finances, requiring budget changes and additional spending

Davos 2024: Ikea prices to fall despite Red Sea disruptions, says CEO

Ingka Group has invested more than 1 billion euros ($1.1 billion) in price reductions across its markets from September to November, and aims to continue lowering prices in 2024