OpenAI to buy iPhone designer Jony Ive’s AI hardware startup io for $6.4 billionOpenAI is set to acquire Jony Ive's AI devices startup, io, in a significant $6.4 billion all-equity deal, marking its largest acquisition ...
23 May, 2025, 12.17 AM IST
Ferrari reports 15% rise in Q1 earnings, confirms forecasts despite tariff risksFerrari reported a 15% increase in first-quarter core earnings, reaching 693 million euros, driven by pricier models and strong demand for ...
06 May, 2025, 09.55 PM IST
US car buyers face higher prices, less choice under Trump's tariffsPresident Donald Trump's 25% tariffs on car and auto parts are expected to lead to higher prices, reduced model availability, and fewer fea...
29 Mar, 2025, 08.22 AM IST
US car buyers face higher prices, less choice under Trump's tariffsPresident Trump's 25% tariffs on U.S. auto imports will raise car prices, reduce model choices, and limit features for consumers. Automaker...
28 Mar, 2025, 07.36 PM IST
Ferrari Q2 Results: Core profit rises 7%, helped by product mix, personal touchesFerrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in car shipments, as the luxury sports ca...
05 Nov, 2024, 06.10 PM IST
Mercedes retreats to gas guzzlers as EVs fail to boost profitMercedes-Benz Group AG is adjusting its electric-vehicle goals due to weakening sales, opting for combustion engines longer. CEO Ola Källen...
08 May, 2024, 05.29 PM IST
Porsche shares flat at close after landmark $72 bln listingThe share performance puts Porsche AG's valuation at about 75.43 billion euros, only slightly below former parent Volkswagen, which is wort...
30 Sep, 2022, 10.58 AM IST
Maruti Suzuki India now most expensive stock among global car companiesMaruti's current price multiple is at nearly 57% premium to its 10-year average fuelled by expectations of high volume growth and margin ex...
25 Oct, 2016, 10.22 AM IST
Aston Martin Lagonda takes aim at Rolls-Royce and Hermes as it readies for possible IPOAston Martin Lagonda is taking aim at Rolls-Royce as well as luxury brand Hermes as the sports-car maker positions itself for a possible in...
10 Dec, 2015, 11.01 AM IST
Maruti stock surges 28% in six months; margin expansion, softer commodity prices drive gainMaruti’s stock is the world’s fourth most expensive based on the next year’s projected earnings. It is available at 21.86 times of the next...
23 Nov, 2015, 05.46 AM IST
We plan to sell 20 cars in 2015 in India: Aurelien Sauvard, FerrariFerrari's international sales director for Middle East & Africa, Aurelien Sauvard says that the launch of California T (at Rs 3.44 crore ex...
27 Aug, 2015, 04.23 AM IST
Phaneesh Murthy rises from ashes to bite dust againBy his sheer star-wattage and brilliance, he managed to resurrect his career after he was fired by Infosys in 2002. After the current sex s...
22 May, 2013, 06.11 AM IST
- Eros International Q1 net up 45 per cent at Rs 31 crore
Eros International Media today posted a rise of 44.70 per cent in consolidated net profit at Rs 31.4 crore.
10 Aug, 2012, 06.59 PM IST
- Tata Consultancy jumps 6 pct after outlook, strong Q1
Investors drove Tata Consultancy Services (TCS) shares up more than 6 per cent on Friday, following forecast-beating results by the No. 1 I...
16 Jul, 2010, 02.59 PM IST
- The Jokes' on US: Gallows humor in time of financial meltdown
In New York, a clock that counts the national debt ran out of digits when it ticked over $10 trillion. Top 10 US bank failures | 2008, year...
11 Oct, 2008, 11.30 PM IST
- Lamborghini posts record profit for 2007
Lamborghini posted a record net profit of 10.1 million euros ($15.78 million) for 2007 on Tuesday, the result of its drive to become the mo...
01 Apr, 2008, 08.25 PM IST
- Recalls seen leading to industry shake-up in China
Company boss Kuma Gu is busier than usual these days rushing his factory's last batch of radio-controlled toys onto the production line to ...
09 Oct, 2007, 08.30 AM IST