ITC unit to acquire 22.1% stake in Happiest Minds for $140 million

Dinusha was unbeaten on 98 at tea and did not have to wait long to complete his century. On the first ball of the third and final session, he flicked Mohammed Siraj towards mid-wicket for a couple of runs to reach the landmark. It was another brilliant innings from the Sri Lankan batter, who continued…

Consumer goods companies’ planned price hikes could pressure inflation despite the RBI’s outlook. Elara Capital expects the Reserve Bank of India to maintain interest rates through 2026. A potential rate hike is possible in early 2027 if inflation pressures intensify. The central bank may overlook El Nino-led food inflation unless it becomes entrenched. Global central…

Tesla’s second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow as AI and robotics investments accelerated significantly. Higher operating expenses and lower average selling prices also impacted Tesla’s profitability. Despite record vehicle deliveries, investors expressed concern over the increased cash burn. Tesla shares…