Boeing Co. is closing in on an order for as many as 200 of its 737 Max jets from Air India Ltd.’s new owner Tata Group as the two sides race to wrap up talks before the year-end holidays, according to people familiar with the matter.

The final deal is expected to include 40 to 50 Max aircraft that were built for Chinese carriers but never delivered due to an extended grounding of the US jet and heightened trade tensions, some of the people said, asking not to be identified because the discussions are confidential.

Shares of public sector undertaking (PSU) banks were on a roll, with the market price of two lenders UCO Bank and Punjab & Sind Bank zooming over 145 per cent in past one month. In comparison, the Nifty PSU Bank index has gained 23 per cent, while the benchmark Nifty 50 was up less than 1 per cent during the period.

Among individual stocks, UCO Bank rallied 10 per cent to Rs 36.55 on the National Stock Exchange (NSE) in Thursday’s intra-day trade on back of two-fold jump in trading volumes.

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.

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