Page 589 - Reuters%20

Sebi plans for instant settlement of equity trades in non-disruptive manner

Narayan added that Sebi had formed a working group to ease regulations and the registration process for offshore funds under the chairmanship of a former Sebi whole-time member

FPI selloff in Indian shares hits nine-month high in October: NSDL data

Geopolitical concerns due to the ongoing Middle East conflict also added to the risk aversion in the markets in October, analysts added

Siemens AG seeks discount for Siemens Energy's stake in Indian JV: Report

Siemens AG spun off Siemens Energy in 2020 but Siemens Ltd, the Indian division which comprises business of both groups, remained integrated

EU asks AliExpress for details on measures against illegal products

The Commission said it wants to know what measures AliExpress has taken to comply with DSA rules against the dissemination and sale of illegal products online, such as fake medicines

Alcohol maker Radico Khaitan's Q2 profit rises on robust premium demand

Sales in the premium segment, which includes Magic Moments vodka and Jaisalmer gin, rose nearly 22% to 2.8 million cases in the July to September period

Russian oil price for India eased in September vs August: Govt data

India bought Russian oil at an average price of about $81.7 per barrel, compared to about $86 per barrel in August

Gland Pharma Q2 result: Net profit fell 20% to Rs 194 cr on higher expenses

Gland Pharma reported a nearly 32% jump in revenue from operations to Rs 1,373 crore, driven by higher sales from the acquisition of the French pharmaceutical group Cenexi in January

Tesla plans to build $26,838 car at its factory in Germany: Report

Musk had long planned to make a more affordable electric car, but said in 2022 he had not yet mastered the technology and shelved the plan

No major fiscal impact from extended free food grain scheme: Report

Before the extension, the free food grain program was estimated to cost the government around 2 trillion rupees ($24.04 billion) this year

Bikaji Foods posts 47% profit rise in Q2 as raw material costs ease

Net income surged 47.3% to Rs 611.9 million, as materials cost edged up only 1.4% compared with the almost 3% increase in the previous quarter

No major fiscal impact from extended free food grain scheme: Centre

PM Modi said that his govt would extend the welfare scheme, which provides free grain to more than 800 million people, by five years

Barbeque-Nation posts net loss of Rs 12.37 cr in second straight quarter

India's retail inflation remained above the Reserve Bank of India's 2%-6% tolerance for most of the reporting quarter, and eased to 5.02% only in September

Developers seek to cash in on soaring EV sales with residential chargers

India is aiming to make EVs account for a third of total vehicle sales by 2030, but scarcity of public charging stations could derail these ambitions

Telecom Italia approves KKR's $20 bn grid bid in blow for Vivendi

Cash-burning TIM would also shed half of its 40,000 domestic staff and focus on its service operations

RBI's unpredictability on NDF market makes lenders wary, say bankers

Already banks are reducing the size of their books -- from about $25 billion last year to under $1 billion now, in the case of a large public sector bank

SAIL to increase coking coal purchases from Russia, expects 4 shipments

Australia accounts for more than half of India's coking coal imports of around 70 million metric tonnes a year. India also imports coking coal from Russia and the United States

Bank of Baroda terminates key official after mobile app deficiencies

"We have taken action on a large set of people on the field," managing director and chief executive officer Debadatta Chand told reporters. He did not specify the nature of the action

Warren Buffett's Berkshire has bigger loss, operating profit sets record

Investors watch Berkshire closely because its results often reflect broader economic trends, and because of Buffett's reputation as an investor

Bank of Baroda reports 28.4% rise in Q2 profit led by robust loan growth

That was higher than analysts' forecast of Rs 4,004 crore, according to LSEG data

US govt sanctions Russian national for helping elites launder money

Zhdanova also used virtual currency exchanges to help oligarchs who had relocated internationally, it said