
Elon Musk-run Tesla has reported $7.9 billion in net income and $25.2 billion in revenue during the fourth quarter of 2023, a 3 per cent growth from the same quarter last year. ...

Family companies are the hidden engines of the global economy. More than 90 per cent of all companies are family companies. These include many of the world’s biggest organisations such as LVMH Moet Hennessy Louis Vuitton SE in France and Samsung Electronics Co. in South Korea, Bloomberg reported. ...

India's business activity surged to a four-month high in January with both manufacturing and services recording a robust growth, according to a private sector survey released on Wednesday. ...

Cricket non-fungible token (NFT) platform Rario has announced to shut down its current product from January 29, and will launch a new product by March. ...

US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order to preserve liquidity and enable the company to maximise stakeholder value through its remaining businesses. ...

The Supreme Court on Wednesday set aside the default bail granted to the former DHFL directors Kapil and Dheeraj Wadhwan in connection with the Dewan Housing Finance Corporation Limited (DHFL) loan fraud case of Rs 34,615 crore....

E-sports and gaming company NODWIN Gaming on Wednesday said it has acquired Comic Con India, which hosts pop cultural festivals targeting youth across the country, for Rs 55 crore....

Sojo Manufacturing Services (AP) Pvt Ltd, a subsidiary of homegrown company Lava International, on Wednesday said its application for the production-linked incentive (PLI) scheme for IT hardware has been approved by the government....

Microsoft is reportedly working on cheaper, smaller artificial intelligence (AI) models to tap more opportunities in the AI market. ...

Chinese short-video making app TikTok has joined the Big Tech layoffs, asking a certain number of employees to go to reduce costs....