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Tesla layoffs to save $1 billion annually, Elon Musk calls it 'necessary for next phase of growth' Elon Musk-owned Tesla, which recently announced layoffs of some 14,000 workers, has also undertaken a recall of its Cybertruck due to an acceleration problem. The company's Q1 profits fall 55%.

Q4 results today: Axis Bank, Hindustan Unilever, LTIMindtree, among 23 companies to report Q4 earnings on April 24 Q4 results today: Axis Bank, AU Small Finance Bank, Hindustan Unilever (HUL), LTIMindtree, 5Paisa Capital, Chennai Petroleum Corporation, Dalmia Bharat, DCB Bank, Dhampur Bio...

‘Threatned, deceived…’, Zilingo ex-CEO Ankiti Bose files FIR against co-founder, ex-COO Zilingo's ex-CEO Ankiti Bose accuses co-founders Dhruv Kapoor and ex-COO Aadi Vaidya of misleading her and investors, coercing her to relinquish shares and business, and engaging in financial misconduct.

Air India, All Nippon Airways forge new Codeshare partnership, what does the deal mean for passengers? Air India has teamed up with All Nippon Airways (ANA) in a new codeshare partnership, promising improved connectivity and enhanced travel services for passengers flying between India and Japan.

Tata Consumer Products Q4 Results: Net profit drops 22% to ₹267 crore, revenue down 8.5% YoY; dividend declared Tata Consumer Products Q4 Results: The Tata Group-company's revenue from operations in the fourth quarter of current fiscal rose 8.5 per cent to ₹3,927 crore, compared to ₹3,619 crore...

Tata Elxsi Q4 Results: Net profit drops 4.6% to ₹197 crore, revenue down 1% YoY; dividend declared Tata Elxsi Q4 Results: Net profit drops 4.6% to ₹197 crore, dividend declared

Dish TV aims at raising its efficiency by lowering capex, customer acquisition cost Dish TV India launches Dish TV Smart+ initiative, offering OTT services with linear TV subscriptions at no extra cost, aiming to improve customer retention.

After Europe’s carbon tax, Germany props up fresh hurdles for Indian companies A new German rule requires companies to identify, assess, prevent, and remedy any potential human rights and environmental violations, even if indirectly, across their operations and supply chains. Violations could...

Q4 Results: ICICI Prudential reports narrower new business margin for FY 2024 Value for new business, the expected profit from new policies, fell 19.5% to ₹22.27 billion for the year ended March 31, dragging the VNB margin to 24.6% from 32% a year earlier, said ICICI Prudential Life Insurance

Brickwork Ratings expands board, appoints Santosh Nayar as chairman Sebi had in September ordered Brickwork Ratings to broadbase its board with directors not related or connected to its founding management.Sebi had earlier directed winding down of Brickwork's operations for alleged violations...

Cyient DLM Q4 results: Net profit rises 80.7% YoY to ₹22.7 crore, revenue comes in at ₹362 crore Cyient DLM Q4 results: Cyient DLM reported a 23.3% QoQ rise in its net consolidate profit to ₹22.7 crore during the fourth quarter of financial year 2023-24.

Hindustan Unilever Q4 results tomorrow: FMCG major's revenue may rise 1.1% YoY with 3% volume growth; margin seen flat Hindustan Unilever Q4 results: HUL is expected to report revenue growth of 1.16% at ₹15,067 crore in Q4FY24 from ₹14,893 crore in the year-ago period, as per average estimates...

Paytm Payments Bank board is ‘independent and capable’, says CEO Vijay Shekhar Sharma Sharma amid RBI concerns 'In my capacity or anybody from OCL, we don't have any connection with the payments bank,' Vijay Shekhar Sharma, CEO, of One97 Communications Ltd parent company of Paytm said during a...

Ravi Jaipuria announces succession plan in $3 billion RJ Corp. Who will get VBL, DIL? RJ Corp, a global conglomerate, announces a pivotal leadership transition, positioning his children, Varun and Devyani, to steer major divisions. This strategic move aims to bolster the corporation's future...

Patanjali misleading ad case: SC rebukes Ramdev, Balkrishna, asks ‘if apology is same size as your advertisements’ Patanjali misleading ads case: The bench of justices Hima Kohli and Ahsanuddin Amanullah scrutinized the accusations levied by the Indian Medical Association (IMA) that Patanjali...

Former Snapdeal CEO Kunal Bahl bats for native languages in presentations, says ease of communication alone needed Kunal Bahl, the former CEO of Snapdeal, shared his thoughts on the benefits of using native languages in business presentations, challenging the conventional preference for English.

Byju’s founder secures private debt to meet employee salaries amid financial strains, NLCT dispute, says report With this, the edtech unicorn has now disbursed partial salaries for both February and March to employees after previous delays.

A unique partnership is being forged at consulting firms: AI working in tandem with CAs Consulting firms are weaning off the practice of increasing headcount to drive business, relying more on artificial intelligence and generative AI to speed up and diversify their services, including for...

Everest says spice mixes are ‘safe for consumption' after regulator order in Singapore, ban in Hong Kong This comes after Singaporean authorities directed an importer to recall a product for inspection, and Hong Kong banned sale of the product due to cancer risk concerns. Indian food authorities...

M&M Finance delays Q4 results after ₹150 crore fraud detected at a North East branch Mahindra & Mahindra Financial Services said its board meeting to consider financial results for the quarter ended March 2024 quarter, scheduled to be held on April 23, has now been deferred to a later date...