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Tesla reported lower fourth-quarter operating profits despite higher revenues Wednesday, following a series of auto price cuts as Elon Musk's electric vehicle giant warned of slower volume growth in 2024.

England's 'bazball' is set to face its biggest challenge as they gear up to face India on Thursday in the first Test of a five-match series on a likely spinning surface here which promises to test the batters' technique to its maximum potential. India skipper Rohit Sharma already stated that the way England plays isn't their concern but the story of the five-match series will be 'Bazball' against spin. The last time England ended with a series win on Indian soil was in 2012 when Alastair Cook and Kevin Pietersen batted to perfection but the series fell in the visitors' favour because of Monty Panesar, Graeme Swann and James Anderson's heroics with the ball.

cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill.

Most passenger cars in the European Union still emit the same quantity of carbon dioxide as 12 years ago

North Korea said Thursday it conducted its first flight test of a new cruise missile, as it expands its military capabilities in the face of deepening tensions with the United States and neighbours. The report in state media came a day after South Korea's military said it detected the North firing several cruise missiles into waters off its western coast. The South's Joint Chiefs of Staff did not provide more specific assessments, including the number of missiles fired or their flight characteristics.

India in the last 12-18 months, Bain Capital, is on track to invest up to $10 billion in the next 3-5 years, according to one of its top executives. «India's time has come both due to its own internal development and hard work of structural improvements over the years,» said David Gross-Loh, managing partner, Asia, Bain Capital.

Ayodhya's Ram temple consecration will likely have a rub-off effect on other leading pilgrimages such as Shirdi, Kashi Vishwanath, Odisha's Jagannath Rath Yatra, Tirupati, Mathura, Vaishno Devi and Golden Temple, companies selling consumer staples and grocery essentials as well as jewellery chains said. Adani Wilmar, ITC, Reliance, Parle Products, Dabur and Britannia are deepening distribution and dealer networks, launching limited edition packs or doubling marketing and branding spends at large religious sites, while jewellers such as Kalyan and Senco are setting up stores in spiritual zones.

Analysts at most top brokerages raised or retained share price targets on Axis Bank after the lender's December quarter results.

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Tech Mahindra reported a 60.6% year-on-year fall in its net profit for the quarter ended December at Rs 510 crore. The country's fifth largest software services firm cited its business rationalisation measures as well as continuing macroeconomic headwinds impacting its clients across business segments for missing profit estimates.

Want to take exposure to a sector which grows much faster than GDP

Tesla expects to start production of its long-anticipated, next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday. But Tesla shares were down 6.5% in premarket trading as Musk noted that ramping up production of the new vehicle would be challenging and Tesla also warned of sharp slowdown in sales growth this year before the new model launch. Musk said it would take «a tremendous amount of new revolutionary manufacturing technology» required — a sign that any boost to Tesla's declining pace of growth would take time. His projection followed a Reuters story earlier in the day saying Tesla had told suppliers to prepare for a June 2025 startup of a smaller crossover vehicle, critical for the automaker as it loses share to inexpensive EVs such as those made by China's BYD.

Ranjan Pai, chairman of Manipal Education and Medical Group, is set to emerge as the largest shareholder in Byju’s-owned Aakash Institute, with a 40% stake, people aware of the matter said. The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company — one of the remaining valuable assets for Byju Raveendran’s troubled edtech group — at around $700 million and renders it debt-free.

Tata Technologies, SBI Life, ZEE among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.

companies surged on Wednesday as China's move to prop up its economy is seen boosting demand and prices of metals, but experts remain skeptical of this rally sustaining till there are definitive signs of stronger growth in the world's second-largest economy.

Newme, on Wednesday told ET that it has raised $5.4 million (Rs 45 crore) in a seed funding round led by Fireside Ventures. The Bengaluru-based startup, which currently sells its own brand of clothing across both online and offline outlets was founded in 2022. It had in the past raised an undisclosed round of funding from investors such as Aum Ventures, 2am VC and All In Capital, all of whom have participated in the current round.

Despite facing tough competition from Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA), Intel's (NASDAQ:INTC) stock has gained over 60% in the past 12 months.

(Reuters) -ServiceNow raised its forecast on annual subscription revenue on Wednesday, as the software firm expects to attract new clients for its generative artificial intelligence (AI) products.

NEW DELHI, MUMBAI : India’s free trade talks with the UK and European Union (EU) may skip the vexed carbon tax matter in an attempt to fast-track the trade deals, three people aware of the matter said. The absence of any agreement on the carbon border adjustment mechanism (CBAM) casts a cloud over Indian steel exports to the region, as it would raise the cost of exports and eat into profits. India is negotiating separate free trade agreements (FTAs) with the UK and EU.

A major nuclear plant that Britain’s government hopes will generate affordable, low-carbon energy could cost up to 46 billion pounds, or $59 billion, and the completion date could be delayed to after 2029

CSX's fourth-quarter profit slipped 13%, but the railroad reported hauled slightly more freight and kept its trains running smoothly