The iconic firm blames "minor delay" in deliveries of its ultra-exclusive Valiant cars for the shortfall.

Google has appointed former Apple India executive Mitul Shah as the Managing Director for its devices and services business in the country. Shah, who previously led consumer sales at Apple India, brings over nine years of experience in the tech industry and is now roped in to lead the expansion of Google’s Pixel smartphones in India.

German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses including forced labor.

Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production of microchips used for artificial intelligence servers.