Fri, Apr 19, 2024 12:35 PM
Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says
A Flip by Shubhangi Gupta
Amid expectations of above-normal maximum temperatures across most parts of India this summer, driving a surge in demand for air conditioners (ACs), one company stands out for its exceptional performance — Voltas. With the India Meteorological Department (IMD) predicting heightened AC demand, Voltas, a leading AC manufacturer, has demonstrated remarkable resilience and growth.
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LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of voluntary oil output cuts beyond June, but three sources from OPEC+ producers who have reduced production said they could extend if demand fails to pick up. OPEC+, which includes the Organization of the Petroleum Exporting Countries.
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Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump. Sales to Chinese smartphone makers jumped 40% in the first half of its fiscal year, the company said on Wednesday, as buyers there gravitate toward higher-priced devices that can accommodate AI chatbots.
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