Elon Musk sold another USD 3.58 billion worth of Tesla stock this week, but it wasn't clear where the proceeds were being spent.

The Tesla CEO, and new owner of Twitter, sold the shares from Monday through Wednesday, according to a filing posted Wednesday night by the US Securities and Exchange Commission.

A command centre that helps fight global cyberattacks and a remote patient monitoring platform that provides health vitals such as infection status and respiration rate were some of the top innovations on display on Wednesday at Infosys headquarters in Bengaluru. The IT giant is showcasing these innovations as part of an event to commemorate the completion of 40 years.

Artificial intelligence technology that gives crucial insights to tennis players to evaluate their game and smart retail stores that help understand customer behaviour better using cameras and sensors were other products that the tech giant displayed.

The chief of the World Health Organization (WHO) has said that he hopes that Covid-19 will no longer be a global health emergency sometime next year.

Addressing a press briefing in Geneva, WHO Director-General Tedros Adhanom Ghebreyesus said that the WHO Covid-19 Emergency Committee will discuss next month the criteria for declaring an end to the Covid-19 emergency, Xinhua news agency reported.

Twitter Inc. must tell departing employees there’s an active lawsuit against the social media company over severance pay and benefits, a federal judge ruled.

Twitter has been requiring employees who accept a severance package that includes a month of base pay to sign a waiver agreeing not to join lawsuits against the company.

French spirits major Pernod Ricard on Wednesday announced the appointment of Paul-Robert Bouhier as its new Managing Director for India.

Robert takes the reins from Thibault Cuny, who stepped down in October 2022 due to health issues.

His appointment as Pernod Ricard India Managing Director is with effect from January 1, 2023, a company statement said.

Colgate Palmolive India is working on arresting the fall in its volume, and the company is creating strategies for the same. It will also focus on value growth by product premiumisation, Prabha Narasimhan, the newly appointed MD of the toothpaste major who joined from Hindustan Unilever, told analysts on Tuesday.

She pointed out that India's per capita oral care consumption is very low.

India saw a single day rise of 152 new coronavirus infections, while the active cases have increased to 3,846, according to the Union Health Ministry data updated on Wednesday.

The total tally of COVID-19 cases stands at 4.46 crore (4,46,75,247).

Elon Musk, who saw his net worth tumble by more than $100 billion in 2022, has been replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton's parent company LVMH, as the world's richest man.

According to the Bloomberg Billionaires Index, Musk, 51, is now worth $168.5 billion (as of Tuesday), less than the $172.9 billion net worth of Arnault, 73.

Paytm's Rs 850-crore share buyback programme could support the stock's price in the near-term, analysts at JPMorgan said. This, the brokerage said, was due to the 50 per cent premium at which the company has decided to buyback shares.

We expect the buyback announcement at a 50 per cent premium to provide support to the stock price in the near term.

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank.

The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity.

The bank has allotted a total of 369.61 crore shares of face value Rs 2 each and 255.97 share warrants convertible into equity shares of face value Rs 2 each on a preferential basis to CA Basque Investments

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