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Wipro asks employees to work from office thrice a week as Covid curbs eased

Companies have been reversing or modifying their "remote work" policies as Covid-19 pandemic-related restrictions wound down for reasons including better communication and collaboration among workers.

Tata-owned Trent Q2 profit surges three fold, shares hit record high

Shares of Trent rose as much as 8.7% to a record high of Rs 2,427.1 after the results

Shree Cement beats profit view in Jul-Sep quarter on strong infra demand

According to a Jefferies' pre-earning note, cement prices during the quarter increased ~0.5-1% at the all-India level, with the rates rising the most in the country's eastern region

Japan's SoftBank makes another bet on WeWork, hoping landlords will too

WeWork's long-term lease obligations of $13.3 billion accounted for more than 70% of its total debt as of end-June

Indian govt bond yields edge lower as US peers, crude oil prices ease

Treasury yield rose above 4.65% on Monday but eased in Asian trading hours and was last at 4.6141%

Russian wheat export prices surged slightly last week, market calm

The Sovecon agriculture consultancy saw the price for the same class of wheat last week at $227-231 per ton FOB, down $2 from the week before

UK antitrust regulator to tailor rules for Big Tech with new legal power

The proposed "Digital Markets, Competition and Consumers" law, whose powers were originally intended to come into force in 2022, will give the unit the "teeth" to underpin its remit

Saudi Aramco Q3 result: Net profit falls 23% on lower crude prices, volumes

The Saudi oil giant said the decline in oil prices and volumes was partially offset by a reduction in production royalties during the period

Rural market recovery boosts consumer goods sector growth to 9%: Report

Rural markets showed continued recovery during the quarter, with sales volumes rising 6.4% from 4% in the June-quarter, the market research firm NielsenIQ said.

Zydus Lifesciences Q2 profit jumps 53% on strong domestic, US demand

Total revenue from operations rose 9.1 to Rs 4,369 crore, boosted by the strength in US formulation segment, which constitutes 44 of the business

Devyani International posts 43% drop in Q2 profit amid rise in raw material

Consolidated net profit fell to Rs 33.35 crore ($4.01 million) for the second quarter ended September 30, from Rs 58.76 crore a year ago

Oil prices up 1.5% as Saudi Arabia and Russia stick to supply cuts

Oil was rebounding after both benchmarks lost about 6 per cent in the week to November 3

Citigroup considering at least 10% job cuts in major businesses: Report

The bank has warned of job cuts as part of a sweeping overhaul it unveiled in September, but has said it will estimate the scale of layoffs and cost savings in the current quarter

Go First lenders to not release more funding to grounded airline: Report

"Now the situation is quite different and the future is bleak," said a banker with a state-run bank that has exposure to Go First

Trump defiant at New York fraud trial, judge threatens to cut off testimony

One witness, his former lawyer and fixer Michael Cohen, testified that Trump directed him to doctor financial statements to boost his net worth

India's RR Kabel profit more than doubles on strong cables, wires demand

RR Kabel's consolidated revenue from operations rose almost 20% to Rs 1,610 crore, offsetting a nearly 15% climb in total expenses, led by a spike in raw material costs

Vedanta Resources seals copper assets agreement with Zambian govt

The government, which owns a 20% stake in KCM through ZCCM-IH, said in September that it had reached an agreement to allow Vedanta to resume control of the mines and smelter

Honeywell Automation India's profit growth slows on higher expenses

Quarterly revenue was up 39% at Rs 1,104 crore, however, a 44% rise in its total expenses, in line with the trend seen in the previous three quarters, weighed on profit

Inflows into India-linked ETFs set to smash 2014 record as investors surge

That was significantly higher than the $2 billion in net inflows by Oct in 2014, the year net buys into India-linked ETFs peaked

Real estate developer Sobha posts Q2 profit fall on higher expenses

Analysts, however, flagged muted launches by regional developers, including Sobha peers Prestige Estate Projects and Brigade Enterprises