Page 41 - Agencies

UK PM Truss walks the talk, caps power bills at £2,500 a year for two years

PM says average household will save average of £1,000 a year; Labour leader criticises decision not to tax unexpected profits of energy giants

EY plans to spin off audit, consulting units to ease regulatory concerns

London-based EY, which in June had denied reports on its restructuring plans, said it would provide its 13,000 partners with more information before voting on the split starts on a country-by-country

Amit Shah's security breached in Mumbai; accused arrested, sent to custody

The security breach for Home Minister in Maharashtra was witnessed during his first visit as the police verified later that the accused name was not mentioned in Shah's list of security

Volkswagen to list Porsche in one of biggest IPOs in years: Report

The offering could value Porsche at between 60 billion euros and €85 billion, equivalent to between $59.8 and $84.6 billion, according to analyst estimates

Liz Truss allots $150 billion to keep energy bills below $2,300

Truss is also finalising plans for a £40 billion ($46 billion) support package to lower energy bills for businesses.

Amazon's 'Rings of Power' draws 25 million views on first day

Amazon.com said its Lord of the Rings: The Rings of Power series drew more than 25 million viewers worldwide on its first day.

Liz Truss talks tax cut for wealthy, Rishi Sunak signals defeat

Truss says Bank of England should control inflation, vows energy plan within a week of election

Cyrus Mistry: SP Group to Tata Group, and beyond - A look at his journey

Known to like golf, the late business magnate Cyrus Mistry was considered a studious backroom executive with a sharp mind

Cyrus Mistry, ex-chairman of Tata Sons, dies in road accident near Mumbai

Untimely demise of Cyrus Mistry shocking; he was promising business leader who believed in India's economic prowess, tweets PM Modi

Adani Enterprises to enter Nifty 50 index in a new boost for Gautam Adani

Adani Enterprises will replace Shree Cement in the most tracked stocks gauge in India on September 30

Centre provides 1.5 mn tonnes of chana at discount for states' programmes

Procurement limit for tur, urad and masur raised

SpiceJet's losses widen in Q4FY22, Q1FY23; CFO Sanjeev Taneja resigns

In a stock exchange filing, the company said it has resolved to infused additional capital of up to $200 mn into the airline

India's April-July fiscal deficit at Rs 3.41 trn, 20.5% of FY23 target

Net tax receipts stood at Rs 6.66 trn while total expenditure was Rs 11.26 trn, shows govt data

300 liquor stores, 4 microbreweries: Host of changes for tipplers in Delhi

Delhi is set to return to the old liquor excise policy regime, which includes opening 300 new liquor shops, and four microbreweries in the city

Storage targets met in Germany, gas to be cheaper soon, says minister

EU to hold emergency energy talks on September 9, says minister

RIL chairman may give details of 5G rollout, new energy plans at 45th AGM

May defer offering specific timelines on listing of retail and telecom businesses; clarity on succession planning could come later

France prepares subsidised electric-car leasing plan at $100 per month

The leasing measure stands to benefit European carmakers rolling out new electric models including Renault SA, Volkswagen AG and Peugeot and Citroen-maker Stellantis NV

US Fed chief Powell talks tough, warns of 'unusually high' rate hikes

Inflation is now their chief concern, and Powell's remarks at the symposium, hosted by the Kansas City Fed, set a tone likely to register on global markets

Ghulam Nabi Azab resigns from INC, points out Rahul Gandhi's behaviour

On August 17, Azad had quit from the post of chairman of the Jammu and Kashmir Congress campaign committee just hours after his appointment as the head

Amazon shuts in-house telehealth service for employees, businesses

The tech giant Wednesday said it had decided to shut down the business by year-end because it didn't meet the needs of potential business customers Am­azon is targeting.