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Billionaire investor Ron Baron is standing by Elon Musk's Tesla even in the face of its dramatic sell-off. The stock plunged 15% on Monday, its biggest one-day loss since September 2020.

Subscribe to enjoy similar stories. The White House granted a temporary reprieve for many of its tariffs on Canada and Mexico last week, but a similar pause seems less likely for revamped global steel and aluminum tariffs set to go into effect Wednesday. President Trump’s team has repeatedly said there would be no exceptions or exemptions from the 25% tariffs on steel and aluminum.

«Commissioning of a significant capacity of previously delayed projects drove capacity additions in 2024,» Mercom India Solar Market Update report said. According to Mercom, large-scale solar projects (including solar open access) accounted for more than 87 per cent of the total capacity additions, while rooftop solar contributed nearly 13 per cent.

Since 2022, the share of investment companies owned by wealth managers has fallen from 27% to 24%, with the decline particularly sharp in alternative investment companies, where it has seen a decline from 24% to 17%, according to a report from the Association of Investment Companies. CEO of the AIC Richard Stone blamed the «consolidation in the wealth management industry, along with a cost disclosure regime that has inflated the apparent costs of investment companies» for making investment trusts less appealing to wealth managers.  «The cost disclosure issues have been particularly ac...

IndusInd Bank facing a steep decline, Ashok Hinduja, Chairman of IndusInd International Holdings, Mauritius, has assured that the bank «is in a very healthy position.» However, he raised concerns over the impact on the market cap. «My concern is how the market has taken so much so that over Rs 16,000 crores, over $2 billion just in two hours, it has impacted the market cap. The market situation has gone so bad,» he added. The promoter reaffirmed his commitment to supporting the bank, recalling past support during the Covid-19 crisis. Hinduja emphasised that the promoter group remains ready to inject capital, including through additional warrants, and is awaiting regulatory approval to increase its stake from 15% to 26%.

Subscribe to enjoy similar stories. No major company is better positioned than Berkshire Hathaway in the wake of the stock market rout. Berkshire was sitting on about $318 billion of cash and equivalents at year-end 2024, nearly double the total at the end of 2023.

The offer, which promised a $0 first-year salary with a small monthly stipend of $500, required apprentices to work 8-10 hours a day, five days a week. Ninovski framed the opportunity as unconventional but highly rewarding, stating that it would provide direct access to working alongside him as the CEO of three multi-million dollar companies. He justified the rigorous workload by citing a past success story—five years earlier, a 17-year-old named William Dodevski had taken the same apprenticeship, and today, he had grown into a key employee within one of the companies, no longer reliant on the CEO’s guidance and having forged his own path.

Donald Trump has declared his support for Tesla CEO Elon Musk by announcing his intention to buy a “brand new” Tesla. The move comes as Musk faces mounting political criticism and financial setbacks. In a late-night post on Truth Social, Trump wrote, “I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???” Musk, who has financially backed Trump’s political ambitions and now plays a senior role in the administration, responded with a brief but telling, “Thank you, President.”

Anupam Rasayan India shares will be in focus on Tuesday after the company signed a 10-year Letter of Intent (LOI) worth $106 million (approximately Rs 922 crore) with a Korean multinational specializing in specialty chemicals. The high-performance niche chemical under this agreement is expected to be supplied from FY26. «This long-term partnership reinforces Anupam’s expertise in delivering advanced chemical solutions and strengthens its presence in high-growth global markets,» the company stated.

Subscribe to enjoy similar stories. Consumers are expected to shift spending from categories such as apparel and footwear to beauty and eating out over the next four to five years, prompting retailers and mall developers to re-examine their portfolios of offerings. Dalip Sehgal, CEO, Nexus Select Trust, which operates a portfolio of over 18 premium malls in India, said consumers are increasingly diversifying their expenditure with more focus on experiences and grooming.

Sunsure Energy is in talks with financial institutions to raise ₹5,000 crore in debt this year to fund its renewable energy expansion plans, said its founder and CEO, Shashank Sharma. Sunsure Energy, which is beginning to build utility-scale projects after focusing on the high-margin business of serving commercial and industrial customers for a decade, aims to add 2.5 GW of generation capacity by mid-2027, Sharma told ET. The company currently operates about 500 MW of capacity.

Kia Norway poked fun at Tesla and its CEO Elon Musk in an Instagram post which has gone viral. The South Korean automaker uploaded an Instagram photo of one of its EV3 electric vehicles, with a sticker that says, «I bought this after Elon went crazy,» reported Times of India.

Subscribe to enjoy similar stories. Tesla CEO Elon Musk suggested the U.S. exit the North Atlantic Treaty Organization, or NATO.

Lee, 41, would normally be flattered. In the past, a fast-growing startup like Gamma, an artificial intelligence company he helped establish in 2020, would have constantly looked out for more funding. But like many young startups in Silicon Valley today, Gamma is pursuing a different strategy. It is using AI tools to increase its employees' productivity in everything from customer service and marketing to coding and customer research.

Juniper Green Energy on Monday announced the commissioning of a 100-MW solar power project to supply electricity to Bhutan. The project facilitates an important cross-border agreement, aiming to provide 50 per cent of the power generated to Bhutan during winter months, the company said in a statement. This agreement enables Bhutan to directly import power from an Indian generator under a bilateral trade framework, it said. Naresh Mansukhani, CEO of Juniper Green Energy, said in the statement, «Our first cross-border energy trademarks an important achievement in energy integration. This initiative facilitates regional energy security by providing power to key sectors.»

Subscribe to enjoy similar stories. IndusInd Bank Ltd’s shares dropped to their lowest in nearly three years after the Reserve Bank of India cut the lender’s proposed three-year extension for managing director and chief executive officer Sumant Kathpalia to one year. This isn’t the first time RBI has disagreed with banks on the tenure of their top chief.

IndusInd Bank shares slumped over 5% on Monday as analysts flagged concerns over strategic uncertainty after the Reserve Bank of India (RBI) granted CEO Sumant Kathpalia only a one-year extension instead of the three-year term sought by the bank’s board. Brokerages reacted with a mix of target price downgrades and cautionary outlooks, citing leadership instability, asset quality concerns, and regulatory scrutiny. This is the second consecutive time the RBI has approved a shorter tenure for Kathpalia than what was proposed by the board. The private lender’s stock has lost 42.45% over the past year, 8.41% in the last three months, and 9.11% in the last week alone.

real money gaming companies, AIGF, EGF and FIFS, have jointly signed a "code of ethics" which their member companies will adopt for promoting user safety and responsible gaming practices, including KYC verification, spending limit etc, a join statement said on Monday. The members of these gaming industry bodies include Dream11, My11Circle, Khelo Fantasy Live, SG11 Fantasy, WinZO, Games24X7, Junglee Games etc. «The All India Gaming Federation (AIGF), the Federation of Indian Fantasy Sports (FIFS), and the E-Gaming Federation (EGF), today jointly signed a 'Code of Ethics' (CoE) »The CoE is aimed at enforcing consistent standards of user safety across the industry through the implementation of responsible gaming and advertising policies and mandates annual third-party audits and comprehensive reporting mechanisms to ensure accountability and transparency," the statement said.

Subscribe to enjoy similar stories. IndusInd Bank’s stock closed nearly 4% lower on March 7, 2025, marking its fourth consecutive session of decline. The sharp fall came in the wake of two major developments—the Reserve Bank of India (RBI) approving Sumant Kathpalia’s reappointment as CEO for just one more year instead of the three-year tenure sought by the bank, and reports that Nippon Life Insurance Co.’s India unit, Reliance Nippon Life Insurance, is considering acquiring a minority stake in the lender.

Zomato have approved the resolution to change the company's name to Eternal Ltd. Eternal will house four businesses: food delivery business Zomato, quick commerce unit Blinkit, going-out vertical District and business-to-business (B2B) grocery supply company Hyperpure. The company is rebranding itself for the second time. It was founded as Foodiebay in 2008 and renamed Zomato in 2010.