Elon Musk’s wealth shrinks by $16 billion after Tesla outcomes

Elon Musk skilled a major drop in his fortune, dropping $16.1 billion on Thursday, following Tesla Inc’s disappointing third-quarter earnings report, which negatively impacted the corporate’s shares. Regardless of being…

Adani group closes in on $3.5 billion mortgage

Billionaire Gautam Adani-controlled Adani group is closing in on a $3.5 billion mortgage to refinance present debt that was taken out to fund the acquisition of Ambuja Cements Ltd, in…

Excessive frequency indicators present acquire in development momentum: RBI

MUMBAI: Excessive-frequency indicators level to a broad-based gaining of development momentum, whereas moderating inflation bolsters macroeconomic fundamentals, the ‘state of the financial system’ report printed by RBI mentioned.Larger year-on-year development…

Nestle revenue up 37% in Q3

New Delhi: Nestle India‘s internet revenue elevated by 37% year-on-year to Rs 908 crore within the July-September. Whole gross sales grew by 9.4% y-o-y to cross the Rs 5,000 crore…

Google set to make Pixel smartphones in India

NEW DELHI: Google will begin manufacturing Pixel smartphones in India, becoming a member of fellow American Apple, South Korean Samsung, and prime Chinese language makers equivalent to Vivo, Oppo, and…

Oil settles up 1% on nagging worries about Center East

Oil costs settled greater on Thursday as merchants remained nervous that Israel‘s navy marketing campaign in Gaza may escalate to a regional battle. Brent futures for December settled up 1%,…

Union Pacific railroad’s quarterly revenue falls 19% as volumes gradual and prices stay excessive

OMAHA: Union Pacific‘s third-quarter revenue fell 19% because the railroad hauled fewer shipments and prices remained excessive, however the common velocity of its trains improved 5% as new CEO Jim…

Banks: Banks disburse Rs 1,400 cr of loans below frictionless credit score platform: RBI ED

MUMBAI: Banks have disbursed over Rs 1,400 crore in loans below the ‘frictionless credit score’ platform since its launch on August 17, a senior Reserve Financial institution official mentioned on…

Unilever: Hindustan Unilever Q2 internet up 4% to Rs 2,717 crore

MUMBAI: Hindustan Unilever (HUL) reported a 3.8% development in internet revenue at Rs 2,717 crore within the second quarter ended September 30, 2023, from Rs 2,616 crore within the corresponding…

Nestle India: Nestle India Q3: web revenue up 37% year-on-year to Rs 908 crore; firm broadcasts inventory cut up within the ratio of 1:10

NEW DELHI: Nestle India’s web revenue elevated by 37% year-on-year to Rs 908 crore within the July-September quarter. Whole gross sales grew by 9.4% y-o-y to cross the Rs 5,000…