Profitable

Stellantis N.V. CEO Carlos Tavares has outlined India’s strategic importance for Stellantis and his vision to evolve its operations as part of the Dare Forward 2030 global strategic plan. The merged companies that formed Stellantis have invested over €1 billion since 2015 to develop a sustainable footprint in the country and grow its brands, in line with the Government of India’s plan to develop the auto industry through its “Make in India” initiative. India is already a major sourcing hub for vehicles, components, and…

Unity Software expects slower growth in the second and fourth quarters while rebuilding its data but expects to be profitable at the end of the year, chief executive John Riccitiello told CNBC's Jim Cramer on Wednesday."We brought our guidance down, and what that's about is self-inflicted wound. We did some things on the advertising side of the business that reduced the accuracy of our models. It's going to take us a couple of quarters to fix and we're going to have slower growth for a couple of quarters while we fix…

CNBC's Jim Cramer on Tuesday stressed the importance of changing market strategies when the market shifts, saying right now the market says to buy beaten-down tech growth names."Many tech companies that make real things and return capital to shareholders now do sell at reasonable prices after the tsunami of selling. … I'm talking about amazing semiconductor and software companies, especially Nasdaq names that are doing so well, including internet names," the "Mad Money" host said."When the facts change, I do change my…

Reintroducing the early bird subsidy offered under the Delhi EV Policy 2021 will bring the upfront cost of five new EV models to be launched in 2022 within the price range of Rs 5 to 15 lakh. This is an important price segment for mass adoption and represents nearly 75 per cent of all vehicle sales, says a report.Delhi’s EV policy offered the first 1,000 electric four-wheelers an early bird incentive of a maximum Rs 150,000 over and above other exemptions. This incentive was applicable to indigenous vehicles with advanced…