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Tesla Rolls out Robotaxis in Texas Test
Tesla deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas. The event marked the first time Tesla cars without human drivers have carried paying riders, a business that Musk sees as crucial to the electric car maker's financial future.
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Trump Tells US Chip Designers To Stop Selling To China: Reports
President Donald Trump's administration has ordered US firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday, citing several people familiar with the move.
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Adani Enterprises' Net Profit Surges 7.5 Times To Rs 3,845 Crore In Q4
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday announced robust financial results, with net profit surging 7.5 times to Rs 3,845 crore in Q4 FY25 compared to Rs 449 crore in the same period in FY24.
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Opinion: Agenda-Driven Propagandists Are Back, Along With Their Collaborators
The Organized Crime and Corruption Reporting Project, along with their collaborators, the Financial Times, is back with their not-so-hidden agenda, targeting India's homegrown business conglomerate, the Adani Group, one of the largest in the world.
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"Just For Noise": Cantor Fitzgerald Trashes Financial Times Article On Adani Group
The latest Financial Times report targetting Adani Group "is just noise from a long time ago", global financial services firm Cantor Fitzgerald noted, asserting that the financial market appeared to have shrugged off the report.
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"Malicious Campaign To Tarnish Image": Adani Group Slams Financial Times
The Adani Group today slammed the UK-based newspaper Financial Times' "malicious campaign to drag down its market value and tarnish its reputation".
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Head Of Hong Kong Journalists Group Gets Jail Time For Obstructing Police
The head of Hong Kong's leading journalists group was sentenced on Monday to five days jail for obstructing police officers in September last year after a case seen by some critics as a further blow to media freedoms in the financial hub.
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Sony Doubles Down on Entertainment, Expects to Sell 25 Million PS5 Consoles This Financial Year
Sony Group on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. A partial spin-off of Sony Financial, which the group said was made possible by changes in tax rules, would allow the newly listed business to retai...
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Credit Suisse Says Biggest Swiss Bank's $1 Billion Takeover Offer Too Low
UBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is pushing back on with backing from its biggest shareholder.
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Adani Group Hires New York-Based Law Firm To Advise It On Stocks Crisis
Gautam Adani-led Adani Group has hired US-based law firm Wachtell to fight against allegations recently leveled against the conglomerate by short-seller Hindenburg Research, Financial Times reported.
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PhonePe Reportedly in Talks to Raise Funds in Round Led by General Atlantic at $12 Billion Valuation
Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of $12 billion (roughly Rs. 99,300 crore), financial news website Moneycontrol reported on Friday, citing people aware of the matter. The US private equity group General Atlantic is likely to lead the round with an investment of $450 mi...
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Alipay, China's Biggest Payment App, Said to Be Target of Fresh Regulatory Scrutiny
Alipay has been ordered by Chinese regulators to undergo sweeping changes as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. According to a Financial Times report citing a person familiar with the matter, the country’s largest payments app has been told to spinoff its profitable microloan business.
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Education Ministry Launches Online Module To Track, Re-Enrol Out-Of-School Children
The ministry also said that for out-of-school children in the 16-18 age group, financial assistance will be provided for the first time in the 2021-22 session to allow them to continue their education through open or distance learning mode.
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SoftBank Said to Have Held Talks on Taking the Group Private
SoftBank Group Corp executives have held early stage talks about taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, according to a person familiar with the matter.
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Ubisoft Vows Action on Allegations as It Posts Bookings Beat
Ubisoft said it was bringing in "profound changes" following allegations of inappropriate behaviour at the group, as it reported higher-than-forecast net bookings for its fiscal first quarter.
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Tesla Rolls out Robotaxis in Texas Test
Tesla deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas. The event marked the first time Tesla cars without human drivers have carried paying riders, a business that Musk sees as crucial to the electric car maker's financial future.
-
Trump Tells US Chip Designers To Stop Selling To China: Reports
President Donald Trump's administration has ordered US firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday, citing several people familiar with the move.
-
Adani Enterprises' Net Profit Surges 7.5 Times To Rs 3,845 Crore In Q4
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday announced robust financial results, with net profit surging 7.5 times to Rs 3,845 crore in Q4 FY25 compared to Rs 449 crore in the same period in FY24.
-
Opinion: Agenda-Driven Propagandists Are Back, Along With Their Collaborators
The Organized Crime and Corruption Reporting Project, along with their collaborators, the Financial Times, is back with their not-so-hidden agenda, targeting India's homegrown business conglomerate, the Adani Group, one of the largest in the world.
-
"Just For Noise": Cantor Fitzgerald Trashes Financial Times Article On Adani Group
The latest Financial Times report targetting Adani Group "is just noise from a long time ago", global financial services firm Cantor Fitzgerald noted, asserting that the financial market appeared to have shrugged off the report.
-
"Malicious Campaign To Tarnish Image": Adani Group Slams Financial Times
The Adani Group today slammed the UK-based newspaper Financial Times' "malicious campaign to drag down its market value and tarnish its reputation".
-
Head Of Hong Kong Journalists Group Gets Jail Time For Obstructing Police
The head of Hong Kong's leading journalists group was sentenced on Monday to five days jail for obstructing police officers in September last year after a case seen by some critics as a further blow to media freedoms in the financial hub.
-
Sony Doubles Down on Entertainment, Expects to Sell 25 Million PS5 Consoles This Financial Year
Sony Group on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. A partial spin-off of Sony Financial, which the group said was made possible by changes in tax rules, would allow the newly listed business to retai...
-
Credit Suisse Says Biggest Swiss Bank's $1 Billion Takeover Offer Too Low
UBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is pushing back on with backing from its biggest shareholder.
-
Adani Group Hires New York-Based Law Firm To Advise It On Stocks Crisis
Gautam Adani-led Adani Group has hired US-based law firm Wachtell to fight against allegations recently leveled against the conglomerate by short-seller Hindenburg Research, Financial Times reported.
-
PhonePe Reportedly in Talks to Raise Funds in Round Led by General Atlantic at $12 Billion Valuation
Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of $12 billion (roughly Rs. 99,300 crore), financial news website Moneycontrol reported on Friday, citing people aware of the matter. The US private equity group General Atlantic is likely to lead the round with an investment of $450 mi...
-
Alipay, China's Biggest Payment App, Said to Be Target of Fresh Regulatory Scrutiny
Alipay has been ordered by Chinese regulators to undergo sweeping changes as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. According to a Financial Times report citing a person familiar with the matter, the country’s largest payments app has been told to spinoff its profitable microloan business.
-
Education Ministry Launches Online Module To Track, Re-Enrol Out-Of-School Children
The ministry also said that for out-of-school children in the 16-18 age group, financial assistance will be provided for the first time in the 2021-22 session to allow them to continue their education through open or distance learning mode.
-
SoftBank Said to Have Held Talks on Taking the Group Private
SoftBank Group Corp executives have held early stage talks about taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, according to a person familiar with the matter.
-
Ubisoft Vows Action on Allegations as It Posts Bookings Beat
Ubisoft said it was bringing in "profound changes" following allegations of inappropriate behaviour at the group, as it reported higher-than-forecast net bookings for its fiscal first quarter.
