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Chief Financial Officer Zachary Kirkhorn said Tesla was still pushing to reach 50% growth in deliveries this year, adding that while the target had become more difficult, "it remains possible with strong execution."

​​​​The automotive market capex is set to cross $3 billion, or ₹27,000 crore, in FY23, posting a growth of 24% as per estimates by Axis Capital. The forecast capital investment of auto companies in FY23 will surpass the pre-Covid capex peak of ₹26,800 crore in FY20.

For privately placed debt securities, it is mandatory to be made through Electronic Book Provider (EBP) platform, for issuers who are in existence for three years and more and where the issue size is of ₹100 crore or more.

The net interest income, or the core income, of the bank grew at a slow pace, registering a 6% year-on-year growth to ₹1,028 crore compared with ₹970 crore in the year-ago quarter. Operating profit was down 31% to ₹529 crore.

​The Vedanta Group company reported a 44% year-on-year growth in its consolidated topline to Rs 9,387 crore. ​High power and fuel costs meant that the company’s cost of production for zinc during the quarter went up by 23% year-on-year to Rs 97,423 per ton.

The regulator had directed Maxgrowth to pay the fine of Rs 15.61 lakh, which includes interest, all costs, charges and expenses, within 15 days.

Institutional equities revenue during the quarter fell 17 per cent Rs 48.6 crore, primarily due to slowdown in market volumes and decline in capital market deals.Distribution business continues to scale well as revenue stood at Rs 152 crore, up 28 per cent compared to the year-ago period on the back of strong performance from mutual funds, insurance and other products.

The ECB raised its benchmark deposit rate to 0%, breaking its own guidance for a 25 basis point move as it joined global peers in jacking up borrowing costs.

The company explained that the quarter witnessed the rising cost of commodities and supply chain bottlenecks, creating a drag on margins.

There will be no tailwind for the rupee and it may plumb further in the medium term, given the pressure on the Current Account Deficit (CAD). This will be due to rising trade gaps and the massive sell-off by foreign funds.Foreign funds have pulled out investments worth USD 29 billion or 4.4 per cent of their India holdings since the beginning of the year.