Business

Last month the company incorporated Tesla Motors India and Energy Private Limited with its registered office in the southern city of Bengaluru, a hub for several global technology companies.

Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID19 for indications of which companies could be the first to bounce back when the pandemic recedes.

In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now earning the same amount in wages and salaries that they did before the virus struck even with nearly 9 million fewer people worki...

The apex court, which said that winding up and disbursement of funds to unitholders would be in terms of its directions passed in the matter, directed that disbursement can be made in tranches without waiting for liquidation of all the securities or asset...

Bitcoin on Thursday jumped to a fresh alltime high after BNY Mellon said it formed a new unit to help clients hold, transfer, and issue digital assets.

After taking billions of pounds in government money and furloughing staff during the pandemic, Britain's bluechip companies are being warned by investors to rein in executive pay and perks or risk a rebellion at upcoming annual meetings.

India's top envoy said that New Delhi is keen to engage with the new Biden administration in the United States, particularly on trade and economic partnership.

Nino Niederreiter scored the tiebreaking goal about four minutes into the third period and the Carolina Hurricanes beat the Dallas Stars 53 on Thursday night, their third win this season against the defending Western Conference champions.

Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show restraint after a global stock market rally pushed many bourses to dizzying heights.

Business events and economic reports scheduled for the coming week.

Roche's arthritis drug tocilizumab cuts the risk of death among patients hospitalised with severe COVID19, also shortening the time to recovery and reducing the need for mechanical ventilation, results of a large trial showed on Thursday.

Bombardier Inc said on Thursday it would halt Learjet aircraft production and slash about 1,600 jobs this year as it becomes a pureplay business jet maker, after reporting an adjusted loss before interest and taxes for the fourth quarter due to COVID19.

Global oil supply still outstrips demand due to persistent COVID19 lockdowns and the spread of variants, the International Energy Agency (IEA) said on Thursday, but vaccines should help demand recover and soon enable producers to pump more.

The European Union is facing a surge in bankruptcies and bad loans once the postpandemic economic recovery starts to take hold and governments begin withdrawing state schemes that are keeping many firms on life support, a EU document indicates.

The shares of the company were trading in red at 12:16 pm. On the Bombay Stock Exchange (BSE), the stock prices were trading at Rs 756.90, down by 4.40 points or 0.58 percent. Similarly, on the National Stock Exchange (NSE), it was at Rs 757.50 after fall...

The company's EBITDA/tonne, which is a key measure of production efficiency, reached Rs 18,931.