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Since Musk began promoting the virtual currency, investors have lost around $86 billion, Johnson estimates. He would like Musk to reimburse investors this sum, plus pay double that in damages -- an additional $172 billion.

Tata Motors Group is now operating as three independent business units of Commercial Vehicles, Passenger Vehicles and Jaguar Land Rover, offering differentiated value propositions to their different customer segments whilst leveraging backend and corporate synergies where possible, felt the chairman.

“The recovery remained broadly on track. This demonstrates the resilience of the economy in the face of multiple shocks and the innate strength of macro fundamentals as India strives to regain a sustainable high growth trajectory,” the RBI’s report said.

Bankers said increments of 25 basis points each will not work now and the RBI will have to go for a higher 50 basis point move to have any effect on prices. What that means is the yield on the benchmark bond is set to increase, possibly impacting government borrowing.

Stubbornly high crude oil prices may require Mint Road to revisit its calculations on automotive fuels, and medium-term price assumptions are likely to be raised to $115 a barrel, from $105 currently.

Infosys has been doubling down on reskilling and retaining talent through various monetary and non-monetary compensations due to the alarming rates of attrition.

SAT has given ICEX one year to bring in the required funds and meet Sebi norms. However, until the net worth criteria are met, ICEX has been asked to keep its trading operations closed. ICEX had voluntarily closed its trading operations in March 2022 and currently is only offering mutual fund-related products.

SAT has now directed Kochhar to file a fresh application before Sebi indicating the documents being sought for inspection. It has asked Sebi to either provide the documents sought or pass appropriate order giving reasons as to why they cannot be provided.

However, SAT had adjourned the matters to June 21. In the meantime, Sebi issued a recovery notice against the exchanges on June 15.Now SAT has asked Sebi not to initiate the recovery proceedings until the tribunal hears the case.

Brent crude futures fell 83 cents, or 0.8%, to $118.98 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell to $116.79 a barrel, down 80 cents, or 0.7%.If losses hold through the day, Brent crude futures would post their first weekly dip in five weeks, while U.S. crude futures would see their first dip in eight weeks.