Business updates

Business updates

Wired Wisdom: Wolves of Chernobyl, Razorpay’s milestone, and Tata Sierra’s tech

The mutant wolves of Chernobyl have genetically evolved enough to be protected against cancer.>

Tesla reports 61% drop in Q4 profit on lower EV sales, higher AI spending

Tesla's 2025 auto sales fell 9% to 1.6 million due to competition from China's BYD, even as Elon Musk faced blowback over his embrace of Donald Trump.>

India-EU FTA: India to slash import duty on luxury cars to 30% immediately, in boost for Mercedes, BMW

The India-EU FTA includes a clause to gradually reduce import duty on cars to 10% from 70%-110% at present, which benefits Mercedes-Benz, BMW and VW's Audi.>

IndiGo eyes 40% international flights by 2030 amid a domestic crisis at hand

IndiGo aims to carry 20 crore people on over 4,000 daily flights by 2030, CEO Pieter Elbers says in first media interaction since the flight crisis in December.>

Adani Airports urges India to relax seat caps on foreign airlines

Dubai's Emirates Airlines has said demand was much higher than the weekly seat caps under the India-UAE bilateral agreement.>

HAL counts on SJ-100 planes, Dhruv NG choppers to drive civil business

The SJ-100, Dhruv NG and Hindustan-228 light transport aircraft will spearhead Hindustan Aeronautics Limited’s ambitious civil campaign>

Amazon announces layoffs to cut 16,000 jobs amid ‘rising competition over AI’

This is the second round of Amazon layoffs since 14,000 jobs were cut in October 2025, even as CEO Andy Jassy warned that AI will shrink the workforce.>

Rajasthan Royals gets $1.3 billion offer in test for IPL valuations

A consortium led by Times Internet Chairman Satyan Gajwani and another backed by US entrepreneur Kal Somani are seen in the fray to acquire Rajasthan Royals.>

TVS Motor Q3 Results: Revenue, net profit at a record, as sales surge 27%

TVS Motor Q3 Results FY26: Net profit rose 52% YoY to ₹940 crore on revenue that increased 37.1% YoY to ₹12,476 crore.>

India, EU trade pact set to give rural economy a boost

The EU is set to remove or significantly reduce tariff lines on a slew of farm products, from spices to tea, giving a leg-up to agricultural exports, while continuing to protect the rural economy.>

Credits : HTimes