Billionaire Elon Musk said Tuesday hes committed to being CEO of Tesla in five years time as the automaker faced intense consumer and stock-price pressure over his work with U.S. President Donald Trumps government.
Belrise Industries plans a 2,150 crore IPO to repay debt, reducing promoter stake to 73%. Despite stable revenues, margins have declined and profit dipped due to rising costs. Investors may await improved financial performance post-listing.
Fortis Healthcare Ltd on Tuesday reported a 7.44 per cent decline in consolidated net profit at Rs 188.02 crore in the fourth quarter ended March 2025 impacted by impairment on investment in an associate firm, property, plant and equipment, besides higher expenses.