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22 killed, 3 injured in restaurant fire in China's Liaoning province

The fire broke out at 12:25 p.m. (0425 GMT) in a restaurant in a residential area of Liaoning Province's Liaoyang City, state broadcaster CCTV said

Global stocks, dollar edge up as US signals easing of auto tariffs

Canada's dollar dipped against a broadly-firm US currency as Canadian Prime Minister Mark Carney's Liberals retained power in Monday's election

ED seeks Apple, Xiaomi sales records in Amazon, Flipkart investigation

Enforcement Directorate expands Amazon, Flipkart investigation; smartphone brands asked to share online sales contracts and data

Duroflex to push ahead with IPO, eyes double-digit revenue growth

Duroflex, founded about six decades ago in the south Indian state of Kerala, receives 85 per cent of its revenue from mattresses

Canara HSBC Life Insurance files for IPO; Canara Bank, PNB to sell stakes

The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares

Tiger Global-backed Urban Company files draft papers for $223 million IPO

The online services aggregator plans to use over half of the funds raised from new shares for developing tech offerings

Castrol India's profit rises to Rs 2.33 bn on strong engine oil demand

Profit at Castrol India, majority-owned by British oil major BP, rose to Rs 2.33 billion ($27.4 million) from Rs 2.16 billion a year ago

One of first trade deals may be with India, says US treasury secy Bessent

Speaking to reporters after two early morning television interviews, Besssent said the first such trade agreement might come this week or next

ED conducts search operations at Gensol Engineering; seizes documents

On April 15, India's markets regulator took a slew of actions against Gensol over concerns that the company might have diverted funds raised for business towards personal luxury purchases

IndusInd Bank's deputy CEO Arun Khurana resigns amid accounting blunder

Based on the findings of an external agency's probe, IndusInd has estimated an impact of 2.27% on its net worth as of December 2024

AWL Agri Business Q4 results: Profit up 22% on strong edible oils demand

India's AWL Agri Business, previously known as Adani Wilmar, reported a nearly 22% rise in fourth-quarter profit on Monday, benefiting from higher demand in its core edible oils segment.

Adani Total Gas Q4 results: Profit falls 8% on higher gas purchase costs

The company, a joint venture of Adani Group and French oil major TotalEnergies SE, said its consolidated net profit fell about 8 per cent to Rs 1.55 billion

Tech major IBM plans to invest $150 billion in US over next five years

This includes an investment of more than $30 billion in research and development to further the company's American manufacturing of quantum computers, it said

RBI to infuse Rs 1.25 trillion worth of liquidity via bond purchases

The first tranche of Rs 50,000 crore is scheduled for May 6, followed by three tranches of Rs 25,000 crore each on May 9, 15 and 19, respectively

India to raise ₹300 bn via new 2035 bond, replacing 6.79% 2034 benchmark

The new bond will replace the 6.79 per cent 2034 bond as the benchmark government security

PNB Housing Q4 results: Profit rises 25% to Rs 5.5 bn on home loan demand

The company's consolidated net profit rose to Rs 5.5 billion ($64.7 million) for the quarter ended March 31 from Rs 4.39 billion a year earlier

Piyush Goyal meets UK business minister Reynolds to discuss trade deal

"The business and trade secretary will meet with the Indian Minister of Commerce in London today and tomorrow to progress negotiations on a UK/India free trade agreement," UK PM's spokesperson said

We're mulling yen-led fundraise to diversify borrowing: Shriram Finance CEO

External commercial borrowing loans made up nearly 15 per cent of Shriram's total borrowing profile as of March-end, while overseas bonds comprised about 6.8 per cent

China's trade, economy tsar steps into spotlight amid Trump tariffs

China has repeatedly denied that tariff-related negotiations were ongoing, though on Friday it exempted some US goods from its retaliatory tariffs

Asian shares slightly up; dollar remains at mercy of US trade whims

While US President Donald Trump has claimed progress is being made on trade with China, and many other countries, actual evidence is lacking