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SoftBank Group logs surprise loss but Vision Fund unit returns to profit

Overall, SoftBank reported a third consecutive quarterly loss, hit by declines in valuations for major investments such Alibaba Group, Deutsche Telekom, and T-Mobile US

Apple, Samsung to invest in SoftBank's Arm at IPO in Sept: Report

Arm plans to sell the chipmakers stakes of "a few percent each", the report said

Hero MotoCorp receives over 25,000 bookings for India-made Harley-Davidson

Indian bike maker Hero MotoCorp on Tuesday said it received over 25,000 bookings for the world's cheapest Harley Davidson motorcycle, sending shares up over 3%.

Brigade Enterprises Q1 profit falls 56% as real estate sales drag

Real estate consulting firm Anarock said in July factors like inflation, any potential rise in interest rates and corporate layoffs could weigh on growth in the next two quarters

Oil India's Q1 profit rises marginally as lower costs outweigh rev drop

Oil India's profit fell nearly 10% from last quarter after the government slashed gas prices in April

India's rice export ban could hit planting, farm income: Farmers' body

Mishra said the government must compensate farmers by buying large quantities of the new-season rice harvest at higher prices

India's July fuel demand up 1.9% YoY to 18.09 mn tonnes: Oil ministry data

Sales of gasoline fell 5.3% to 2.99 million tonnes and sales of diesel decreased around 13% to 6.89 million tonnes in July from the previous month, the data showed

Indian private credit funds, non-bank lenders filling gap left by banks

Private credit funds lend to these companies at 12%-18%, splitting transactions into tranches. The riskiest of such credit can yield up to 20%-24%

India rate panel to dial up hawkishness even as it holds policy steady

The MPC at its June policy meeting also reiterated its intent of nudging inflation towards its medium-term target of 4% and not just holding it below 6%

PB Fintech's net loss narrows to $1.4 mn in Q1 on loan, insurance demand

Revenue from operations rose 31.8% to 6.66 billion rupees, with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to 5.16 billion rupees

Vaibhav Taneja appointed as Tesla's new CFO as Kirkhorn steps down

Taneja, 45, joined Tesla after the automaker acquired SolarCity in 2016

MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand

India's MedPlus Health Services reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales

WHO flags contaminated syrup in Iraq made by India's Fourrts Laboratories

The United Nations agency in its medical products alert said the batch of the syrup, branded Cold Out, had higher than acceptable limit of contaminants diethylene glycol and ethylene glycol

Gland Pharma posts 41% jump in quarterly revenue on Cenexi acquisition

Indian generic injectables maker Gland Pharma Ltd reported a 41% jump in first-quarter revenue on Monday

Sobha's net profit rose to $1.46 mn on strong demand for houses in Q1

Indian real estate developer Sobha Ltd said its June quarter profit more-than-doubled as demand in the country stayed resilient, with more people booking flats and houses in big cities and towns

Tata Chemicals posts drop in June quarter profit on lower prices, volumes

India's Tata Chemicals Ltd posted a 9.7% fall in first-quarter profit on Monday, hurt by a fall in soda ash prices and lower volumes

Bayer Cropscience posts profit rise in Q1 on corn business strength

Easing retail inflation during the quarter helped corn-seeds producing businesses like Bayer Cropsciences to log profits despite a slowdown in its crop protection business

Sebi plans changes to force disclosures from conglomerates, unlisted firms

The Securities and Exchange Board of India (SEBI) plans to review and standardise disclosures in public offer documents issued by private and listed companies

Gold off three-week lows as investors brace for US inflation data

Markets also took stock of labor department data showing solid wage gains and a decline in the unemployment rate that suggested continued tightness in labor market conditions

QIA likely picked up shares worth $500 million in Adani Green: Report

BENGALURU (Reuters) - Qatar Investment Authority (QIA) likely picked up shares worth $500 million in India's Adani Green Energy via block deals on Monday