Business

Norway’s sovereign wealth fund, one of the largest investors in Tesla, has said it will vote against CEO Elon Musk’s proposed compensation package that could be worth up to $1 trillion over the next decade. The announcement comes ahead of Tesla’s annual shareholder meeting on Thursday, where the plan has become the most divisive agenda…

The circumstances preventing Rawal’s joining were related to his being in judicial custody following the registration of an FIR against him. (AI image) Getting a job is no easy task, and losing it to untoward circumstances is unfortunate. One such case is of a Mr Rawal who got selected but couldn’t report within the specified…

Commerce and Industry Minister Piyush Goyal is visiting New Zealand to review the progress of negotiations on the proposed Free Trade Agreement (FTA), signalling renewed momentum in bilateral trade talks.Goyal will meet New Zealand’s Trade Minister Todd McClay in Auckland on November 5 to discuss ways to accelerate the ongoing FTA discussions, the commerce ministry…

Paytm brand owner One 97 Communications reported its second consecutive quarterly profit, posting a Rs 211 crore profit after tax (PAT) in the September 2025 quarter, alongside a 24% year-on-year revenue rise to Rs 2,061 crore, PTI reported.The company said growth was led by its payments and financial services businesses, reflecting continued improvement in operating…

Mehli Mistry has formally stepped down as trustee of the Tata Trusts, ending days of speculation over his position within the organisation. In a letter to all trustees, including chairman Noel Tata, Mistry cited his commitment to Ratan N Tata’s vision as the reason for his decision to withdraw, ANI reported.In his note, Mistry said…

A sharp slowdown in its biggest market has pushed Yum Brands to review its ownership of Pizza Hut, signalling the fast-food giant may be open to selling the struggling pizza chain, AP reported.Chief Executive Officer Chris Turner said the company has begun a formal review of strategic options for Pizza Hut, which remains profitable in…

India is on course to become the world’s third-largest economy soon, Finance Minister Nirmala Sitharaman said on Tuesday, highlighting the country’s rapid economic transformation, fiscal discipline, and resilience amid global uncertainty.Addressing students at the Delhi School of Economics, Sitharaman said India’s steady climb from the world’s tenth-largest economy in 2014 to the fifth today demonstrates…

Wall Street pointed to a weaker open on Tuesday as technology stocks that fuelled early-week gains retreated, with investors scaling back expectations of another Federal Reserve rate cut this year amid persistent inflation concerns.Futures for the S&P 500 slipped 1%, while those for the Dow Jones Industrial Average were down 0.6%. Nasdaq futures fell the…

Saudi Aramco reported a net profit of $26.9 billion for the third quarter, slightly lower than last year, as subdued global crude prices weighed on earnings even as the company outperformed analyst forecasts.The world’s largest oil producer said total revenue stood at $111 billion in the July–September quarter, down from $123 billion in the same…

Seeking to strengthen India’s position as a global hub for advanced steel production, the government on Tuesday launched the third round of the Production Linked Incentive (PLI) scheme for speciality steel, aimed at driving new investments and cutting import dependence in high-value segments such as defence, aerospace, automobiles, and infrastructure.Union Steel Minister H D Kumaraswamy…