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FTX Scam: Sam Bankman-Fried denies witness tampering, seeks to avoid jail FTX Scam: Founder of the bankrupt crypto exchange, Sam Bankman Fried, denied of making any attempt of witness tampering to seek relief from jail

Bajaj Auto July Sales: Total sales fall 10% to 3.19 lakh units; two-wheeler dispatches down 15% YoY Bajaj Auto's lower sales in July was largely due to 15% fall in dispatches of two-wheelers to 2,68,840 units from 3,15,054 units, YoY.

Foxconn arm denies signing ₹1600 crore deal with Tamil Nadu Tamil Nadu government said on Monday it has signed a deal with Foxconn for a new electronic components manufacturing facility that would create 6,000 jobs.

X logo taken down from former Twitter Headquarter in San Francisco after complaints After several complaints against the X logo installed over former Twitter headquarter in San Fransisco, Elon Musk's company removed it on Monday

Aditya Birla Group acquires 100% stake in KA Hospitality Aditya Birla Group: The Aditya Birla Group on Tuesday announced the acquisition of full stakes of KA Hospitality. Now, the group owns chains like Hakkasan, Yauatcha, Nara Thai, CinCin

ED raids Hero MotoCorp Chairman Pawan Munjal; shares plunge over 3% Money laundering case: Hero Motocorp Chairman Pawan Munjal was raided by the Enforcement Directorate. A PMLA case has been registered, reported CNBC

HSBC announces $2 billion buyback as higher rates raise profit targets: Report HSBC raised its near-term return on tangible equity goal to at least mid-teens for 2023 and 2024, from a previous target of at least 12% from 2023 onwards.

Tata Motors July Auto Sales: Total dispatches fall 1.4% to 80,633 units; EV sales jump 53% YoY Tata Motors' total domestic wholesales last month declined marginally to 78,844 units from 78,978 units, YoY.

Power Mech secures ₹30000 crore project from SAIL The company will develop the Tasra open cast project, located in Jharia Coal Fields in Dhanbad, Jharkhand. The concession period of the mine is 28 years, including two years of development period

Adani Green Energy Q1 Results: Net profit jumps 51% to ₹323 crore; revenue rises 33% YoY Adani Green Energy’s operational capacity increased by 43% YoY to 8,316 MW with addition of 1,750 MW solar-wind Hybrid, 212 MW solar and 554 MW wind power plants over the last one year.

Leela launches second managed hotel in Kerala The hotel is two hours from Thiruvananthapuram near the Ashtamudi Lake and is the second managed property in Leela’s portfolio

UPL Q1 Results: Net profit drops 81% YoY to ₹166 crore; cuts FY24 guidance sharply UPL sharply slashed its earnings guidance for FY24. The agrochemicals major now projects revenue growth of 1-5% in FY24 as compared to 6-10% earlier. It cut its EBITDA growth guidance for the year to 3-7% from 8-12%.

GAIL Q1 Results: Net profit falls 45% to ₹1,793 crore, revenue down 13% YoY GAIL Q1 Results: The leading gas distributer's revenue from operations during the first quarter of current fiscal fell 13 per cent to ₹32,848 crore, compared to ₹37,942 crore in the year-ago period.

Maruti Suzuki Q1 Results: Net profit jumps 145% to ₹2,485 crore; revenue rises 22% YoY During the first quarter of FY24, Maruti Suzuki's sales in the domestic market stood at 434,812 units, up by 9.1% over that in Q1FY23. The export sales were at 63,218 units as compared to 69,437 units in Q1FY23.

Indian sugar mills poised for stable profits despite market volatility: Crisil Ratings Higher domestic sugar prices and increased sales of ethanol are expected to offset the rise in sugarcane costs and reduced exports during fiscal year 2024

Maruti Suzuki to terminate manufacturing agreement with Suzuki Motor Gujarat Maruti Suzuki said it would terminate its contract manufacturing agreement with Suzuki Motor Gujarat (SMG) and exercise the option to acquire the shares of SMG from parent Suzuki Motor Corp

Adani Energy Solutions net profit rises 8% to ₹182 cr in Q1 Adani Green Solutions received LoA for three projects in Andhra Pradesh with a contract value of ₹3,700 crore during the quarter.

Adani Transmission Q1 results: Impressive Q1FY24 performance with 19% YoY revenue growth and 70% YoY rise Adani Energy Solutions Limited (AESL) has released its consolidated results for Q1FY24

Microsoft-Activision deal: UK regulator CMA opens probe for comments, aims for final decision by Aug 29 Any person wishing to comment on the new version of Microsoft's takeover should do so by August 4, the CMA said

Bajaj Hindusthan Sugar Q1: Net loss widens 65% YoY to ₹74.34 crore; revenue dips 11% Bajaj Hindusthan Sugar Q1: The revenue of the company plunged to ₹1,363 crore, 11% down from ₹1,537 crore