PRODUCT LAUNCH
Tesla to add Cybertruck shift to clear orders before dismantling line next year
Tesla plans to add an additional production shift to fulfill outstanding Cybertruck orders by next year. CEO Elon Musk stated that production would then transition to the Cybercab, a new robotaxi model. Despite initial expectations, Cybertruck sales fell significantly, affecting its market performance. Quality concerns and recalls have also impacted the Cybertruck since its launch in late 2023.
Rihanna flaunts new curly braided hairstyle during latest outing; singer's fresh hair transformation has internet talking
Rihanna was recently seen enjoying a meal at Giorgio Baldi restaurant in Santa Monica, flaunting her latest hairstyle characterized by gorgeous long curls and stylish braids. This bold and casual look exemplifies her love for creative expression through hair. Known for her advocacy of natural beauty, Rihanna's journey led to the introduction of her haircare line, Fenty Hair, in June 2024, encouraging others to embrace their unique hair textures.
Tesla Cybertruck hits a dead end: Elon Musk's futuristic EV launched 4 years after unveiling, sold only 10% of his target, with its biggest buyer being another of the billionaire's companies
Elon Musk revealed that Tesla will halt Cybertruck production at Gigafactory Texas around mid-2027. The Cybertruck sold only 20,237 units last year, far below Musk's expectations of 250,000 units annually. Multiple delays and recalls significantly impacted the Cybertruck's journey since its unveiling in November 2019. Tesla plans to increase production of the Cybercab as part of its future strategy.
Amazon rolls out text-based shopping through Alexa
Amazon said the new text feature lets users research and compare products, track deals and price drops, and have Alexa for Shopping complete purchases on their behalf.
USDA to launch AI tool to check crop production data after errors
After the USDA discovered errors in its corn data from September, officials determined the AI tool would have flagged the problem and decided to use it on the crop production report due on November 10, USDA Under Secretary Scott Hutchins said in an interview.
What went wrong with Tesla Cybertruck? Elon Musk says production will wind down in mid-2027
Tesla Cybertruck production: Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 as Elon Musk shifts manufacturing capacity towards the Cybercab. The decision follows years of production delays, repeated recalls, steep price increases and sales that fell short of the company's original ambitions.
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Tesla Cybertruck discontinued: Elon Musk suffers big setback after spending $446 million backing Republicans who lost in midterm
Cybertruck cancelled: Tech billionaire Elon Musk is facing new business challenges as Tesla plans to wind down Cybertruck production. After spending at least $446 million backing Republicans in the 2026 elections, Musk saw Democrats make major gains. House Democrats have also called for investigations into his work at DOGE and promised to scrutinize federal funding for his companies.
Gold goes digital on Dhanteras as NSE clocks 1.8 lakh EGR trades in one day
NSE's Electronic Gold Receipts recorded 1,81,763 units in trading volume worth Rs 26.46 crore on Dhanteras. The milestone signals growing investor interest in regulated, exchange-traded gold ownership through demat accounts instead of physical purchases.
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loans
MobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to enter direct lending. MobiKwik plans to disburse Rs 5,000 crore in loans over the next three to four years, targeting consumers and MSMEs through secured and unsecured products.
Ashwini Vaishnaw launches Semicon 2.0 portal, says 50% of units approved under ECMS are SMES, MSMEs
Union Electronics and Information Technology Minister Ashwini Vaishnaw has launched the Semicon 2.0 Web Application Portal. The initiative aims to strengthen India's semiconductor manufacturing ecosystem while enabling the acceptance of applications under specific pillars. Fifty percent of the approved units under the Electronics Components Manufacturing Scheme belong to SMEs or MSMEs. India is progressing from assembly to the manufacturing of critical electronic components and materials.
Deepinder Goyal, TheLiverDoc trade barbs over Temple's scientific claims
The debate began after Cyriac Abby Philips, who goes by the social media handle TheLiverDoc, questioned the science underpinning Temple, calling the device “a scam” and accusing the company of making unsubstantiated claims about its capabilities.
Trusted names, new game: India's FMCG giants reload old guns for changing tastes
India's FMCG companies are expanding into new product categories by leveraging the trust associated with their established brands. Hindustan Unilever has launched Horlicks Protein Powder, targeting consumers seeking protein-rich products. Emami is introducing new products across baby care and specialized scalp care under its existing brands. Marico has entered the shampoo market with Parachute Advansed Protein Shampoo, capitalizing on its hair-care equity.
Over half of consumers use AI for wellness, yet concerns over accuracy persist: McKinsey
More than half of consumers use artificial intelligence for wellness, yet 40 per cent of United States consumers worry its advice may be inaccurate, according to a McKinsey report.
Why did the ETF betting against Jim Cramer’s stock picks shut down in less than a year?
The Inverse Cramer Tracker ETF launched in March 2023 with a strategy built around betting against Jim Cramer’s stock recommendations. But the fund lost 15%, attracted just $2.4 million in assets and faced closure less than a year later. Here’s why the unusual ETF shut down.
Aayush Wellness reports 10.6% rise in first-half income
Aayush Wellness experienced an increase in consolidated income and profit for the first half of fiscal 2027. The company reported an impressive rise in both consolidated income and profit after tax. Standalone income also showed significant growth compared to the preceding quarter. Aayush Wellness is launching new products to expand its presence in preventive healthcare and nutraceutical markets.
Emami bets on brand extensions to enter newer consumer categories
Emami is leveraging its established brands like BoroPlus and Kesh King to enter new consumer segments. The company has launched the FromMaa range for baby-care and Kesh King Scalp First for scalp-care. Both product lines are introduced through modern trade and e-commerce channels. Additionally, Emami's strategic investments in newer consumer businesses have shown significant growth recently. These initiatives help diversify the company's portfolio and reach a wider audience.
Pills are paying off! Pharma stocks lead 2026 rally with up to 112% return
In 2026, India's pharmaceutical stocks are making headlines with impressive year-to-date gains. This surge is driven by strong domestic demand alongside enhanced profitability from new product launches. Notable players like Laurus Labs and Gland Pharma have recorded remarkable returns, topping 100%. Amid challenges faced by other sectors, the pharmaceutical field demonstrates resilience. Analysts are optimistic but advise exercising caution regarding potential market volatility and the durability of this sector's performance.
AI sales startup Nooks secures $500 million in funding for expansion
Unlike traditional investors that buy a stake in a company, General Catalyst's commitment involves taking a share of the returns its capital helps generate, Nooks CEO Dan Lee said. He declined to give details on the terms of the deal.
Nykaa Q2 Results: PAT soars 207% YoY to Rs 101 crore, revenue up 28%; co to acquire 82% stake in Simply Nam
Nykaa reported a 207% year-on-year profit surge to Rs 101 crore in Q2FY27, with revenue rising 28% to Rs 3,006 crore. Beauty and fashion businesses accelerated growth, while quick commerce, owned brands and strategic acquisitions strengthened expansion.
Emcure Pharma shares hit 10% upper circuit after FY27 guidance hike; Jefferies raises target price by 8%
Emcure Pharma shares hit a 10% upper circuit after strong Q2 FY27 results prompted the company to raise its full-year growth guidance. Brokerages turned more positive, citing robust international business, improving domestic growth and a strong product pipeline.
Emcure Pharma shares jump 7% after Q2 profit rises 29% YoY to Rs 325 crore
Emcure Pharmaceuticals shares rose up to 7.3% after the company reported a 29.3% year-on-year increase in Q2 FY27 profit to Rs 325.1 crore. Revenue grew 24.3%, while EBITDA rose 30.9%, supported by strong international business growth.
Dreambeans now in India: What to know about Google’s personalised AI visual stories app
Google has launched its innovative Dreambeans app in India, aimed at transforming personal moments into captivating visual stories. By utilizing data from services like Gmail and Photos, the app crafts unique narratives that resonate with users' experiences. Privacy is prioritized, allowing users to curate what they share and disconnect services anytime.
Apple Q4 results beat estimates as iPhone 18 Pro demand, price hikes offset rising chip costs
Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales. Higher product prices helped offset rising memory-chip costs. The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.
Reliance Consumer expands Independence biscuit portfolio with nine variants
Reliance Consumer Products Ltd will launch an expanded Independence biscuit portfolio consisting of nine variants. These products aim to cater to evolving consumer preferences in Tamil Nadu and other markets. The new range will include unique offerings such as Power Up biscuits, combining milk, glucose, and protein. Increased production capacity is expected to enhance distribution through various retail channels.
Apple plans major iPad refresh in 2027, new iPad Air and Pro models expected: Report
Apple is expected to refresh its iPad models, including the iPad Air, iPad Pro, and entry-level iPad. The upgrades aim to incorporate OLED displays and increased processing power. Additionally, a cooling system will help manage heat during intense tasks. The entry-level iPad will also see improvements, though specifics remain unclear. Major iPad updates are not anticipated in the latter half of 2027.
Mold-Tek Packaging shares surge 17% as Q2 FY 27 profit jumps 35% YoY to Rs 21 crore
Mold-Tek Packaging shares surged nearly 17% after the company reported a 35.5% YoY rise in Q2 FY27 net profit and 30.5% revenue growth. Strong pharma and FMCG packaging volumes supported performance, while new product launches and expansion plans strengthened its growth outlook.
JioHotstar launches StreamToCart Ads, enabling in-stream shopping through Instamart
Introducing a game-changer in digital advertising, JioHotstar has launched StreamToCart Ads, an interactive format that merges streaming with online shopping. Viewers can now browse and directly add products to their shopping carts without interrupting their viewing, consequently boosting user engagement. Advertisers are empowered to monitor user behaviors from impressions to purchases, optimizing their marketing strategies.
Beauty & personal care brand Hyeglo Beauty raises Rs 7 crore funding led by Sauce
The direct-to-consumer (D2C) will use the funds for research and development (R&D), new product launches, brand building and hiring, as it looks to expand its portfolio, founder Kanupriya Ahluwalia told ET.
Ferrero sees India entering top 10 global markets, bets on premiumisation, ramps up product launches
Ferrero sees India as a key market, expecting its growth in the premium chocolate segment. The company aims for sustainable growth, expanding its brand portfolio, strengthening distribution and building a sustainable growth trajectory. The company plans to enhance its presence in smaller cities, through wider retail distribution and e-commerce platforms. They are tapping into the Indian traditions and consumer aspirations through targeted campaigns.
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