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Reliance, Disney start antitrust diligence on India media merger: Report

Reliance has appointed Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has roped in AZB & Partners, the people said

Gujarat holding talks with Japan, US firms as PM Modi eyes chipmaking hub

India's chipmaking ambitions, first laid out in 2021, have suffered setbacks and the country does not yet have any semiconductor manufacturing plants

Record monthly FPI buying in December drives Nifty 50 to record highs

FPIs bought shares worth 427.33 billion rupees in the first half of December, marking a fortnightly record, driven by lower U.S. bond yields amid expectations of interest rate cuts by Federal Reserve

Carrefour says it will not sell PepsiCo products due to price hikes

Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too costly

China expects int'l flights reaching 80% of pre-Covid levels by 2024 end

It added that for the year ahead it would continue to promote a "significant" increase in direct flights between China and the United States from 63 flights presently

Gujarat in talks with chipmakers in Japan, US, South Korea: Bhupendra Patel

The state government will focus on renewable energy, green hydrogen and green ammonia, among other investment sectors, during the summit, he added

India may surpass FY24 target for state-run firms' dividends by Rs 12K-cr

So far this fiscal, India has received Rs 43,800 crore in dividends from state-owned firms, according government data.

Govt plans state-backed consortium for coking coal imports: Report

Indian steel companies consume around 70 million metric tons of coking coal annually, and imports constitute around 85% of the country's total requirement

Emerging markets brace for wave of elections, fiscal discipline at stake

For investors, elections divide into three categories: Those where the outcome is rather obvious, such as Russia or Venezuela; those where it seems clear but ballot is contested, for example India..

In threatening shift, North Korea moves to redefine relations with South

Since the 1950-53 Korean War ended in a stalemate, both nations have had policies that treat each other differently than other countries

SBI likely to issue perpetual bonds to wrap up FY borrowing: Report

Merchant bankers said the lender may have to pay a higher coupon as they are looking to raise a larger quantum this time

Japan Airlines estimates operating loss of about $105 mn from collision

The loss of the aircraft will be covered by insurance, the company said, adding it was assessing the impact on its earnings forecast for the financial year ending March 31

Palm oil rebounds on robust Indian demand and stronger crude prices

India's palm oil imports in December rose to their highest in four months as purchases of refined palmolein surged because of competitive prices

Wearing masks mandatory at some US hospitals as Covid-19, flu cases rise

More than 1.1 million Americans have died from Covid-19, CDC figures show, a greater rate than most other wealthy countries

As Japan's Wajima city digs out from quake, hopes fade for tourism recovery

Wajima, about 450 km (280 miles) northwest of Tokyo, has always been more of a draw for domestic visitors

Taiwan govt spots more Chinese balloons, says one flew over island

Taiwan is on high alert for Chinese activities, both military and political, ahead of Jan 13 presidential and parliamentary elections

China's top banks tighten exposure to smaller peers to curb credit risk

The two state-owned banks have decided to reduce interbank lending limits and set shorter maturity periods for smaller peers deemed high risk, said two of the sources

Google, Meta, Tiktok's debts removed from Russian state bailiffs' database

But the database, accessed by Reuters on Wednesday, still includes X (formerly Twitter) and Twitch, with fines totalling 51 million roubles ($560,730) and 23 million roubles ($252,879), respectively

Japan Coast Guard plane not cleared for takeoff before runway crash: Report

All 379 people aboard the Japan Airlines (JAL) Airbus A350 managed to evacuate after it erupted in flames following Tuesday's crash with a De Havilland Dash-8 Coast Guard turboprop

ArcelorMittal denies deal to buy out Tauron from joint venture GDANSK

ArcelorMittal holds a 50% stake in Tameh Holding via two of its subsidiaries, with Tauron owning the rest