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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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Page 606 - Reuters%20

Indian IT firms set for 'washout' year, focus now on 2025: JP Morgan

The focus for this quarter's earnings reports will be on deal signings as well as the split of new deals versus renewals to assess fiscal 2025 growth, the analysts said

Indian IT firms set for 'washout' year, focus now on 2025: JP Morgan
Updated On : 05 Oct 2023 | 11:10 PM IST

Citi India sees $22 billion in equity capital deals in 2023, says CEO

"Given the interest in India as a market, at some point people will look at both organic and inorganic way to come into the market," Khullar said

Citi India sees $22 billion in equity capital deals in 2023, says CEO
Updated On : 05 Oct 2023 | 7:55 PM IST

Oil prices drop further as uncertain demand outlook weighs OPEC+

The U.S. services sector slowed in September as new orders fell to a nine-month low, though the pace remained consistent with expectations for solid third quarter economic growth

Oil prices drop further as uncertain demand outlook weighs OPEC+
Updated On : 05 Oct 2023 | 7:43 PM IST

US trade deficit narrows to nearly three-year low in August: Report

Imports of goods and services fell 0.7% to $314.3 billion

US trade deficit narrows to nearly three-year low in August: Report
Updated On : 05 Oct 2023 | 7:03 PM IST

Q2 profitability under stress on lower edible oil prices, says Adani Wilmar

Sales value from edible oil constituted a hefty 74% of the company's topline in the September quarter. Low edible oil prices also contributed to its swing to loss in the June quarter

Q2 profitability under stress on lower edible oil prices, says Adani Wilmar
Updated On : 05 Oct 2023 | 6:59 PM IST

Large cap laggards among Goldman Sachs' conservative bet ahead of elections

The blue-chip Nifty 50 has risen more than 16% from its March lows, compared to a 37% rally in mid-caps

Large cap laggards among Goldman Sachs' conservative bet ahead of elections
Updated On : 05 Oct 2023 | 5:39 PM IST

GST Council likely to exempt distilled alcohol used to make liquor from tax

However, states adopt different practices while imposing GST on extra neutral alcohol, which is key input used to produce liquor

GST Council likely to exempt distilled alcohol used to make liquor from tax
Updated On : 05 Oct 2023 | 5:31 PM IST

Bajaj Finance to raise Rs 10,000 crore through QIP, preferential issue

The company said it will raise up to Rs 8,800 crore of capital through qualified institutional placement of shares

Bajaj Finance to raise Rs 10,000 crore through QIP, preferential issue
Updated On : 05 Oct 2023 | 4:35 PM IST

Govt extends tenure of SBI chairman Dinesh Khara until August 2024

The government is likely to issue an order to this effect shortly, the sources said

Govt extends tenure of SBI chairman Dinesh Khara until August 2024
Updated On : 05 Oct 2023 | 3:27 PM IST

Sebi to tell court Adani inquiry began 2014, but hit dead end: Reports

Sebi restarted investigations into the group this year after U.S.-based short-seller Hindenburg Research raised governance concerns - allegations Adani Group has denied

Sebi to tell court Adani inquiry began 2014, but hit dead end: Reports
Updated On : 05 Oct 2023 | 2:26 PM IST

India market levels show effective rate has risen; RBI meeting in focus

The Reserve Bank of India, in its policy meeting in August, mandated that banks maintain an incremental cash reserve ratio of 10 per cent on some deposits

India market levels show effective rate has risen; RBI meeting in focus
Updated On : 05 Oct 2023 | 1:52 PM IST

Russia surpasses UAE as India's top naphtha supplier amid discounts

The LSEG showed India imported about 670,000 tonnes of naphtha from the UAE in January to September, down from around 726,000 tonnes in the same period last year

Russia surpasses UAE as India's top naphtha supplier amid discounts
Updated On : 05 Oct 2023 | 11:26 AM IST

Indian rupee to trade in tight range as RBI keeps intervening: Poll

Still, the rupee has been trading close to its record low of 83.29 to the dollar as traders bet against Asian currencies

Indian rupee to trade in tight range as RBI keeps intervening: Poll
Updated On : 05 Oct 2023 | 9:10 AM IST

General Motors locks in $6 billion credit line as strike costs rise

GM also shut its midsize Malibu sedan factory in Fairfax, Kansas, during the last week of September, blaming parts shortages caused by the strike

General Motors locks in $6 billion credit line as strike costs rise
Updated On : 04 Oct 2023 | 11:29 PM IST

Gujarat's new policy to generate 50% power via renewable sources by 2030

Gujarat Energy Development Agency (GEDA) will act as nodal agency for project registration, validation, commissioning certificate and monthly progress report

Gujarat's new policy to generate 50% power via renewable sources by 2030
Updated On : 04 Oct 2023 | 11:16 PM IST

Govt changes insolvency rules to exclude leased aircraft from moratorium

Some provisions of the Indian Bankruptcy Code will not apply to transactions relating to aircraft, aircraft engines, airframes and helicopters, the notice showed

Govt changes insolvency rules to exclude leased aircraft from moratorium
Updated On : 04 Oct 2023 | 10:39 PM IST

A first: Kevin McCarthy becomes shortest-tenured US House speaker

The now-former speaker lost his gavel on a vote of 216 to 210, with 208 Democrats joining the eight Republicans who broke ranks

A first: Kevin McCarthy becomes shortest-tenured US House speaker
Updated On : 04 Oct 2023 | 10:28 PM IST

Google takes on Apple with Pixel 8, launches smartphones with AI camera

Pixel 8 smartphones pack an upgraded core processor and artificial intelligence-based photography features, and a new smartwatch

Google takes on Apple with Pixel 8, launches smartphones with AI camera
Updated On : 04 Oct 2023 | 10:14 PM IST

Apple CEO Tim Cook gets $41 million from biggest share sale since 2021

Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021

Apple CEO Tim Cook gets $41 million from biggest share sale since 2021
Updated On : 04 Oct 2023 | 10:03 PM IST

Apple CEO Tim Cook gets $41 million from biggest share sale since 2021

Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021

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Updated On : 04 Oct 2023 | 9:45 PM IST