Page 588 - Reuters%20

Shree Cement plans to bid for lithium mining rights in Jammu-Kashmir

Shree Cement, India's second biggest cement company by market capitalisation, will also bid for blocks in the eastern state of Chhattisgarh, said a source

Ola Electric slashes sales goals by over half ahead of planned IPO: Report

The scaling back of Ola's targets comes ahead of its $700 million stock market debut plan, even though the SoftBank-backed company, continues to lead the small yet fast growing e-scooter market

'Sebi, RBI share concern about some credit funds masking bad loans'

Private credit funds fall under the broad category of AIFs for the purpose of regulations in India

Apollo Hospitals' operator rejects allegations of illegal kidney transplant

UK's Telegraph newspaper reported on Saturday that Apollo was embroiled in a "cash for kidneys" racket in which impoverished people from Myanmar were being enticed to sell their organs for profit

No changes to China credit rating, economic outlook: S&P Global Ratings

We last affirmed our A+ long term ratings on China in June with stable outlook and there has been no changes to that yet," said S&P in an emailed response to queries from Reuters

Israel storms Khan Younis in southern Gaza, killing scores: Report

Some took up positions inside the town of Bani Suhaila on Khan Younis' eastern outskirts

P&G to record up to $2.5 bn in Gillette writedown, operations rejig

The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec 31 on its Gillette business

Amazon second company to criticise Microsoft in UK cloud market probe

"To use many of Microsoft's software products with these other cloud services providers, a customer must purchase a separate license even if they already own the software," Amazon said

US regulators inspect Dr Reddy's, other Indian pharma majors: Report

Rivals Sun Pharma's Dadra facility and Torrent Pharmaceuticals Ltd's oncology unit are also undergoing FDA inspections

RBI reins in peer-to-peer lending practices after finding rule violations

They added that some lenders had already begun halting certain services and practices in line with the central bank's guidance, while failure to comply could risk future penalties or restrictions

US 10-year yields hit three-month lows on growth concerns, rate change

US data this week will be closely watched for new clues on the strength of the economy, with Friday's jobs report for November the main focus

Apple warns India's EU-style charger rules will hit local production target

Apple asked officials to exempt existing iPhone models from the rules, warning it will otherwise struggle to meet production targets set under PLI scheme

Fed cut expectations 'overdone,' volatility to jump in 2024: BlackRock

"Market pricing for rate cuts is a bit overdone in our view," said Wei Li, Global Chief Investment Strategist for BlackRock. "Rate volatility is here to stay"

COP28: UN says 63 countries have backed pledge to curb cooling emission

The Global Cooling Pledge marks the world's first collective focus on climate-warming emissions from cooling, which includes refrigeration for food and medicine and air conditioning

Foxconn resumes iPhone assembly in Chennai plant after weather disruptions

Foxconn and Pegatron had on Monday halted production of iPhones at their factories near Chennai because of heavy rain as a severe cyclone neared

Two new multi-billion-dollar petrochemical plants to weigh on markets

While producers remain bullish longer term, largely off the back of economic growth in India and China, the splurge in new capacity is weighing on markets near term

Gupta asks court to lift freezing order in Trafigura nickel fraud case

Trafigura filed a lawsuit against Gupta in February, alleging seven trading companies that Trafigura said are controlled by him carried out "systematic fraud" over nickel cargoes

Rupee see-saws in thin band, likely because RBI offsets corporate dollar

The RBI sold dollars near the start of the spot trading session and also intermittently stepped in during the day, traders said

Renault to invest $379 million to produce new hybrid SUV in Brazil

The model will be produced at the Curitiba Veiculos de Passeio factory, at the Ayrton Senna Industrial Complex in Sao Jose dos Pinhais in the state of Parana in Brazil

Germany remains Europe's top destination for foreign direct investment

Other countries such as Switzerland and France have also noted declines as companies lean towards mergers and acquisitions rather than investments in an uncertain economic environment