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Adani Group firms pledge shares for lenders of AEL: SBICAP Trustee

SBICAP Trustee said it had received the pledges in its capacity as "security trustee" of the lenders of Adani Enterprises

Indian regulators aware of concerns on Adani Group issue, says Sitharaman

Nirmala Sitharaman told reporters after meeting the central bank's directors in New Delhi, the capital

Tight liquidity makes Adani Group dollar bonds a tough buy or sell

Most of some $8 billion of Adani firms' outstanding bonds fell below the 70 cents on the dollar mark - which is seen as distressed territory - after the Hindenburg report

Air India seals record order for about 500 jets from Airbus, Boeing: Report

The order reflects Air India's strategy to modernise its ageing fleet and re-capture a solid share of trips between India's large overseas diaspora and cities such as Delhi and Mumbai

UK probes Barclays over anti-money laundering systems, says report

The FCA wrote to the heads of Barclays' corporate banking and UK retail and wealth divisions requesting a "skilled persons review", or Section 166, the report said

Sebi probing Adani's links with investors in aborted $2.5 billion FPO

Opposition parties have protested in parliament to call for an independent probe into Hindenburg's allegations

World Food Programme warns of stock shortage in quake-hit northwest Syria

he International Organisation for Migration said that 14 trucks carrying humanitarian aid, including electric heaters, tents, blankets, had crossed into northern Syria from Turkey on Friday

Yahoo to lay off more than 20% of staff to restructure its ad tech division

The cuts will impact nearly 50% of Yahoo's ad tech employees by the end of this year, including nearly 1,000 employees this week, the company said

Popularity of PM Modi remains intact despite Adani saga, shows poll

Data from polling agency C-Voter seems to suggest support for the prime minister has not waned, although the survey did not refer to the Adani issue

Oil India reports 40% jump in Dec qtr profit on high output, better pricing

State-run explorer Oil India reported a bigger-than-expected 40% jump in third-quarter profit on Friday, aided by increased production and better price realisation

Adani Group reels after report from US based short-seller Hindenburg

NEW DELHI (Reuters) - Indian tycoon Gautam Adani's conglomerate has been pummelled by a stock rout and come under increasing scrutiny after U.S. short-seller Hindenburg Research

ChatGPT, other AI models to disrupt Indian IT firms: JP Morgan analyst

(Reuters) - Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday.

Adani Wilmar to be dropped from S&P BSE IPO indices: Asia Index Pvt Ltd

Asia Index, which is a 50-50 partnership between S&P Dow Jones Indices LLC and India's BSE Ltd, said the reconstitution will be effective from Feb 20

GST Council will decide on cement tax rate after expert study, says CBIC

NEW DELHI (Reuters) - India's Goods and Services Tax Council will decide whether to cut tax rates on cement after an expert team submits its recommendation, chairperson of the CBIC said on Friday.

NaBFID looking to raise Rs 5,000 crore via maiden bond issue in June qtr

The funds will likely be raised through long-term infrastructure bonds, managing director and chief executive officer Rajkiran Rai G said on Friday

Index provider MSCI cuts 4 Adani group securities free-float designations

MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said

Analysis: Shock of war hits world economy at the crossroads post-Covid

"The shock of war on demand and prices has cascaded through the global economy and, in conjunction with COVID and other policy decisions, has created these headwinds to growth," said Robert Kahn

PayPal forecasts strong full-year profit, says CEO to retire at year-end

The company's upbeat forecast also comes alongside its previously announced commitment of lowering expenses in the backdrop of its key e-commerce segment feeling the pinch of a slowdown

Retail inflation likely rebounded from 12 months low to 5.9% in January

Core inflation, which excludes volatile food and fuel prices, was still running at 6.10% in December, which makes it difficult for the RBI to look away and to keep the tightening cycle going

Sustainalytics downgrades three Adani companies' governance scores

The changes flow to the overall risk rating tied to environmental, social and governance (ESG) matters assigned by Sustainalytics to Adani companies