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Narendra Modi has left the country for a two-day visit to France at the invitation of President Emmanuel Macron. PM Modi will be in Paris on July 13-14 and will also be the guest of honour at French National Day or Bastille Day. According to news agency ANI, President Macron is expected to extend a special gesture during the visit.

tax benefits, according to individuals familiar with the matter. As reported by The Economic Times, these discussions indicate a revived interest from the US-based electric vehicle manufacturer in India, which comes shortly after Prime Minister Narendra Modi's meeting with Tesla CEO Elon Musk during his recent visit to the United States, as stated by the sources.

Mint reported, before Q1FY24, TCS’s slowest growth at the start of the fiscal year was in the first quarter of 2008, when the global financial crisis sent banks into turmoil, eventually hurting IT services firms like TCS, which expanded its sequential revenue by 0.5 per cent. HCL Tech's earnings failed to meet the expectations of the company as well as of the Street. Commenting on the results, chief executive C.

Less than six months after it began operating, Bonza says it will cut five routes from its schedule while it waits for new planes to arrive after they finish operating in the northern hemisphere summer later this year.

Walt Disney's board on Wednesday extended Chief Executive Officer Robert Iger's contract by two years as the experienced leader who came out of retirement in 2022 battles long-term challenges to its film and television businesses. The board said in a statement that it aimed to maintain «continuity of leadership during the company's ongoing transformation.» Iger returned to Disney as CEO in November 2022, less than a year after he retired, vowing to stay for two more years to restore the business while seeking a more durable replacement after the company pushed out Bob Chapek, Iger's hand-picked successor. «There is more to accomplish before this transformative work is complete,» Iger said in a statement, adding that the board was continuing to interview internal and external CEO candidates.

HCLTech reported a 7.6% on-year rise in net profit for the fiscal first quarter, missing estimates due to project ramp downs mainly in its technology and telecom verticals even as it signed fewer deals in the three-month period amid overall macroeconomic uncertainty. India's third largest software company, however, maintained its revenue growth guidance of 6-8% as well as 18-19% operation margin for the fiscal year. For the quarter, net profit stood at ₹3,534 crore compared with ₹3,283 crore last year.

Narendra Modi on Thursday expressed confidence that his visit to France will provide a new impetus to the bilateral strategic partnership and said that he looks forward to holding wide-ranging discussions with President Emmanuel Macron on taking forward this time-tested relationship over the next 25 years. In his departure statement, Modi said his visit to France was particularly special as he will join President Macron for the French National Day, or Bastille Day celebrations in Paris as the Guest of Honour. An Indian tri-services contingent will be part of the Bastille Day Parade, while Indian Air Force aircraft will perform a fly-past on the occasion, he said.

Narendra Modi has departed India for an official visit to France and UAE on Thursday. The Prime Minister will visit France on July 13-14 at the official invitation of French President Emmanuel Macron. “This visit is particularly special as I will join President Macron for the French National Day, or Bastille Day celebrations in Paris as the Guest of Honour.

(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S. technology firms that he hopes to challenge in his bid to build an alternative to ChatGPT.

Tata Consultancy Services (TCS) advanced 17% on-year, beating D-Street estimates, but India's software bellwether warned it lacks immediate visibility on a rebound in demand that remains «soft and uncertain,» with clients across geographies and business verticals deploying elaborate priority filters to assess the necessity of spending money now on discretionary and non-critical projects. The most-valued Tata group company on Wednesday said net profit climbed to ₹11,074 crore, from ₹9,478 crore a year ago, paced by better cost realisation.

traders expect bonds to rally now due to mounting inflation concerns in the aftermath of the rain fury at home, and low confidence on the likely outcome of the Federal Reserve's decision on US interest rates later this month. Higher bond yields could push up broader borrowing costs since these are used as pegs to price debt by companies, too. The special segment of the Clearing Corporation of India's ClearCorp Repo Order-Matching System has shown an unusually large volume of transactions in the 10-year benchmark bond over the past couple of days, treasury executives said.

Tesla has held discussions with union government officials, exploring the possibility of bringing its auto parts and electronics chain to India and of getting incentives and tax breaks in the process, said people with knowledge of the matter. The development signals the US-headquartered electric vehicle maker’s renewed interest in India, close on the heels of Prime Minister Narendra Modi’s meeting with the company’s chief executive Elon Musk during his trip to the US last month, said the people.

It's rare that an investment bank pushes the ejector button quickly, but last week, Lazard managed to do an investigation, fire a managing director, and pump out an all-hands email signed by the incoming CEO announcing his defenestration between Friday evening and Sunday afternoon. Impressive. 

HBO show garnered recognition in various categories, including 14 acting nominations, highlighting the remarkable performances of Brian Cox, Jeremy Strong, Kieran Culkin, and Sarah Snook. Notably, this marks the first time in Emmy history that three actors from the same show have been nominated for lead actor in the same category. Competing for the prestigious title of best drama series, 'Succession' will face formidable contenders such as 'Andor,' 'Better Call Saul,' 'The Crown,' 'House of the Dragon,' 'Yellowjackets,' 'The White Lotus,' and 'The Last of Us.' The adaptation of the popular video game, 'The Last of Us,' garnered significant recognition in its first season, earning 24 nominations, including nods for Bella Ramsey and Pedro Pascal. Notably, Pascal became the most-nominated Latino actor in a single year, thanks to his nominations for 'Saturday Night Live' and 'Patagonia: Life on the Edge of the World.' In the highly competitive best actor in a drama series category, 'Succession' leads and Pascal are joined by Jeff Bridges for 'The Old Man' and Bob Odenkirk for the final season of 'Better Call Saul,' which secured a total of seven nominations. The best actress in a drama series category will see Snook and Ramsey vying against Sharon Horgan for 'Bad Sisters,' Melanie Lynskey for 'Yellowjackets,' Elisabeth Moss for 'The Handmaid's Tale,' and Keri Russell for the popular Netflix series 'The Diplomat.'

WWE has played a crucial role in launching the careers of numerous wrestlers who have gone on to achieve stardom in the industry. While some wrestlers have chosen to remain with the company, others have ventured out to compete for different promotions or on the independent circuit. Irrespective of their chosen path, these wrestlers have made notable contributions to the development and advancement of professional wrestling as a whole. Mantaur was also one such personality in the wrestling world.

It's not just multi-strategy hedge funds that are going all out on recruitment this year. Recruiters covering theprivate credit space say they too are awash with work, and that they're only likely to become more busy. 

Tata Sons management last week took its entire board, including industrialists Venu Srinivasan and Ajay Piramal, to Hosur and Bangalore to familiarise them with the facilities at Tata Electronics that will likely be the primary chip-making vehicle at the Rs 23-lakh-crore conglomerate, which has earmarked about $90 billion of investments into its future growth drivers. Tata Electronics hosted the entire Tata Sons brass for its board meeting, where Chairman N Chandrasekaran discussed the future growth plans, top sources aware of the plant visits told ET. Barring Ralph Speth, other directors present were Harish Manwani, Leo Puri, Vijay Singh, Srinivasan, Bhaskar Bhat, Anita George, Saurabh Agarwal and Piramal. Tata Sons did not comment. Tata Electronics, though, is not expected to rush into the semiconductor business until the business is stabilised and will seek suitable alliances and partners, officials said. Earlier this week, Foxconn decided to end its deal with the Vedanta Group to make chips in India. In April, Tata Electronics appointed Randhir Thakur, former president of Intel Foundry Services, as its MD & CEO, underscoring the group's long-term semiconductor ambitions. For now, the plant is focused on manufacturing precision components. It makes components for iPhones and has tied up with Apple vendors to manufacture iPhone enclosures.

Quadria Capital, Singapore's healthcare focused private equity firm, on Wednesday announced an investment of up to ₹1,300 crore in Maxivision Eye Hospital, one of India's leading private eye care chains. Quadria will make an initial investment of about ₹600 crore for a significant minority stake, and a further investment of up to ₹700 crore for additional stake, representing one of the largest investments in the eye care services space.

₹11,567.44 crore and the highest-ever deliverable quantity of 33.8 million shares, indicating that investors and traders took delivery ahead of the record date on 13 July to be eligible for receiving the merged HDFC Bank shares. In addition to fresh buying, those holding derivatives positions on NSE would have also opted for delivery as all derivatives contracts remaining open by the end of trade on 12 July would result in compulsory delivery, given the attractive swap ratio, said analysts. This enabled the HDFC share to top the list of 25 most traded shares on Wednesday on the NSE.

IGGL) and Oil and Natural Gas Corporation Limited (ONGC) signed three hook-up agreements to connect ONGC’s Natural Gas fields with the North East Gas Grid for transportation of natural gas from Jorhat, Silchar and Tripura Assets of ONGC to the consumers. Indradhanush Gas Grid Ltd is laying a 1656 km long Natural Gas pipeline connecting the capital cities and the demand centres of all the eight north eastern states.

Elon Musk's xAI on Wednesday announced the formation of the artificial intelligence (AI) startup with the launch of its website, unveiling a team made up of engineers who have worked at companies from Alphabet-owned Google to Microsoft and OpenAI. The startup will be led by Musk, the CEO of Tesla and owner of Twitter, who has said on several occasions that the development of AI should be paused and that the sector needs regulation.