Tesla vehicles are show at a Tesla dealership in Buena Park, California. (Reuters)
Posted in Business

Tesla reports 61% drop in Q4 profit on lower EV sales, higher AI spending| Business News

Tesla Inc. has reported a 61% drop in fourth-quarter profits due to lower sales even as CEO Elon Musk doubles down on AI investments. Tesla…

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Yotta eyeing India listing to ride the AI tech wave here
Posted in Startups

Yotta eyeing India listing to ride the AI tech wave here

Mumbai-based Yotta Data Services is looking to list on the Indian bourses in 2026-27, said its chief executive Sunil Gupta. The Hiranandani Group company had…

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Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 Unicorns
Posted in Startups

Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 Unicorns

Procurement technology startup 1Buy.ai , founded by Visham Sikand of Goals101 fame and Nitin Jain, cofounder of OfBusiness, has raised Rs 32.5 crore in its…

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Voice AI startups hear the sound of money as enterprises sign up
Posted in Startups

Voice AI startups hear the sound of money as enterprises sign up

Investor interest in Indian startups developing voice AI applications is growing, as businesses increasingly adopt artificial intelligence-based agents that engage in human-like, real-time conversations and…

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Posted in Economy

At 7.8%, December IIP growth zooms to over two-year high

New Delhi: India’s industrial output climbed to a 26-month high of 7.8% year-on-year in December, driven by manufacturing activity, goods and services tax (GST) rationalisation…

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Government weighs raising EPFO wage ceiling to Rs 25,000 a month
Posted in Economy

Government weighs raising EPFO wage ceiling to Rs 25,000 a month

The government is considering raising the wage ceiling for mandatory contribution to the Employees’ Provident Fund Organisation (EPFO) to as much as Rs 25,000 a…

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India protects mass-market cars, dairy and staples in EU trade pact
Posted in Economy

India protects mass-market cars, dairy and staples in EU trade pact

India has fully protected its mass market cars and sensitive farm goods such as dairy, rice, wheat and pulses, and also not allowed GM products,…

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Posted in Economy

Turkish products excluded from India, EU FTA benefits

New Delhi: Indian products can enter Turkiye via Europe, but Turkiye cannot send goods to India under the India-European Union free trade agreement (FTA) terms,…

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Posted in Economy

IEPFA plans faster payouts for low-value unclaimed shares, dividends

New Delhi: The Investor Education and Protection Fund Authority (IEPFA) under the corporate affairs ministry on Wednesday proposed to allow the settlement of low-value claims…

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Tax Relief Tops ManufacturingSector’s FY27 Budget Wishlist
Posted in Economy

Budget 2026 wishlist: Manufacturing sector seeks tax relief, lower compliance costs

New Delhi: India’s manufacturing sector has pitched for tax relief and lowering compliance costs in the upcoming budget, with more than half of industry CXOs…

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