Maruti Suzuki India, the country's biggest car marker, reported a standalone net profit of Rs 2,061.5 crore for the July-September quarter of fiscal 2022-23 (Q2FY23) as sales improved sharply on easing chip shortage. The profit jumped over four-fold, or 333 per cent, from last year's profit of Rs 475.3 crore.

The company sold a total of 517,395 vehicles during the quarter, the highest ever in any quarter. Sales in the domestic market stood at 454,200 units, while exports were at 63,195 units.

Prime Minister Narendra Modi on Friday mooted the idea of "One Nation, One Uniform" for police, saying it is just a suggestion and he is not trying to impose it on the states.

Addressing a "Chintan Shivir" of state home ministers, Modi also advocated close cooperation among the states to tackle crimes and criminals.

Former Maharashtra Minister Aaditya Thackeray on Friday took a dig at the Shinde-Fadnavis government after the 'Tata Airbus Project' moved to Gujarat from Maharastra and said that the industry has no faith in the "Khoke government".

Earlier on Thursday, the Defence Officials informed that the C-295 transport aircraft for the Indian Air Force will be manufactured by Tata-Airbus at Vadodara in Gujarat.

Long-term infrastructure financier IFCI Ltd on Thursday raised Rs 100 crore through preferential allotment of shares to the government.

The Committee of Directors at its meeting held on October 27 has allotted 9,29,36,802 number of equity shares at a price of 10.76 each including a premium of Rs 0.76 each share to the Government of India, IFCI said in a regulatory filing.

Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn't necessarily mean the iPhone maker will be immune to a potential recession.

Even though Apple fared reasonably well, the July-September results released Thursday signalled that the world's most valuable company is facing some of the same economic headwinds that hammered the profits of Microsoft and the corporate parents of both Google and Facebook.

Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform.

The CEO of electric car maker Tesla Inc has said he wants to "defeat" spam bots on Twitter, make the algorithms that determine how content is presented to its users publicly available, and prevent the platform from becoming an echo chamber for hate and division, even as he limits censorship.

The poaching drama that unfolded in Hyderabad on Wednesday night has triggered a slugfest between the ruling Telangana Rashtra Samithi (TRS) and Bharatiya Janata Party (BJP).

After three persons, including two godmen, were detained from a farmhouse near Hyderabad while trying to lure four MLAs of TRS with offers of huge sums of cash, important positions and contracts, the TRS accused BJP of trying to destabilise the state government and called it an attack on self-respect of Telangana.

Shares of Sun Pharmaceutical Industries hit a multi-year high of Rs 1,012.50 on gaining 2 per cent in Thursday’s intra-day trade on expectation of strong earnings growth. The stock of drug major crossed the Rs 1,000-mark after a gap of over seven years. It traded at its highest level since May 2015. The stock had hit a record high of Rs 1,201 on April 7, 2015.

Sun Pharma was trading higher for the third straight day, gaining nearly 4 per cent during the period. In past one month, the stock has rallied 13 per cent, as compared to 5 per cent rise in the S&P BSE Sensex.

A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history.

The penalty issued by King County Superior Court Judge Douglass North was the maximum allowed for more than 800 violations of Washington's Fair Campaign Practices Act, passed by voters in 1972 and later strengthened by the Legislature.

Samsung Electronics Co. named Jay Y. Lee executive chairman of South Korea’s largest company, finalizing a long-anticipated elevation just as a supply chain crisis and escalating geopolitical tensions roil the world’s biggest chipmaker.

The board approved the 54-year-old’s ascension to the helm of the $250 billion company Thursday, Samsung said in a statement.

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