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Zee Entertainment posts loss of Rs 196 cr on low ad demand, higher costs

Zee posted a consolidated net loss of 1.96 billion rupees ($23.7 million) for the fourth quarter ended March 31, against a profit of 1.82 billion rupees a year ago, a regulatory filing showed

Indian oil firms in talks to buy stake in Tullow's Kenya block: Oil India

Oil India, along with ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, are talking to Tullow, Rath said, without elaborating on the size of a possible stake

TTK Prestige posts 26% drop in Q4 profit as cookware demand weakens

The Bengaluru-based company's consolidated net profit fell to 594.5 million rupees ($7.18 million) in the three months ended March, from 800.2 million rupees a year earlier

Pakistan slashes provisional GDP growth to 0.29% from 2% for 2022-23

The country posted highest ever inflation at 36.4% in April and its currency has depreciated to a historic low

Russian hypersonic scientist accused of 'betraying secrets to China'

"He is convinced of the fact that the information was not secret, and of his own innocence," one of the people said

HSBC places 12 countries on exit watchlist to focus on expansion in Asia

HSBC's ongoing pivot to Asia has already triggered planned sales of all or parts of its businesses in France, Greece, Russia, and Canada

Kevin McCarthy, bracing for defections, eyes fraught path to deal

The political reality is weighing on both Republicans and Democrats in the debt-limit talks, which continued Tuesday on Capitol Hill with no sign of imminent resolution

Adani group may invest $3 bn in Vietnamese renewable energy projects

Chinh said Vietnam welcomed Adani's investment, initially in Lien Chieu Port in the central city of Danang, according to the statement

Cummins reports 61% jump in Q4 profit on robust domestic, int'l demand

The company reported consolidated profit after tax at 3.49 billion rupees ($42.7 million) in the three months ended March 31, compared to 2.16 billion rupees a year earlier

Asia water, energy supplies at risk as climate woes mount: Research

The researchers warned that all rivers would face "escalating and compounding water risks ... if we are unable to rein in emissions,"

Tesla to pick location for new factory by year end, says Elon Musk

(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by the end of this year.

From mangoes to luxury watches, people look to offload Rs 2,000 notes

The currency exchange is expected to be far less disruptive than a 2016 move to demonetise 86% of the country's currency in circulation overnight

Microsoft-backed group aims to bridge language gap with AI assistant

The Jugalbandi bot, named after a duet where two musicians riff off each other, uses language models from government-backed AI4Bharat and artificial intelligence tech through Microsoft's Azure OpenAI

Blackstone bets on Indian data binge, in talks with Microsoft, Amazon

Covid-19 created a shift in data consumption habits with more people working remotely and a spike in the use of social media, streaming platforms and e-commerce.

US business activity hits 13-months high, by growth in services sector: S&P

S&P Global said on Tuesday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, rose to a reading of 54.5 this month

Apple inks multi-billion-dollar deal with Broadcom for US-made chips

Broadcom shares were up 4.3% in premarket trading after the announcement. The chipmaker is already a major supplier of wireless components to Apple

Meta sells Giphy to Shutterstock to comply with UK regulator order

The company said Giphy would add minimal revenue this year and it would launch efforts to increase revenue from 2024

GE T&D India's loss narrows on lower input costs in March quarter

The cost of raw materials fell 20%, resulting in a 16% drop in total expenses. Revenue from operations rose 6.2% to 7.03 billion rupees

Nearly 6% of contract workers lost jobs in March qtr in Indian IT sector

The $194-billion sector whose software services helped businesses adopt pandemic-era practices of online shopping and remote working is facing a slowdown this year as employees return to offices

People stepping up expenditure on premium items to offload Rs 2,000 notes

The Indian central bank announced on Friday the country's largest denomination note will be withdrawn from circulation by the end of September