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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

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

Nord Stream blasts done by CIA, says investigative journalist

The report said a Central Intelligence Agency (CIA) working group came up with a covert operation plan to put explosives on the pipelines

Divested entire stake in Adani group: Norway sovereign wealth fund

The world's largest stock investor says it sold its shares - worth just over $200 million - in three Adani group companies since the start of the year

Mahindra to invest $121 million to set up EV facility in Telangana

Mahindra and Mahindra said on Thursday it will invest 10 billion rupees ($121 million) to set up a manufacturing facility in the southern state of Telangana to make electric three- and four-wheelers

Adani faced margin call on $1.1 bn loan before repaying in full: Report

According to the report, the repayment was meant to avoid any further damage to investor confidence

Sustainalytics downgrades three Adani companies' governance scores

The changes would not have a major impact on the overall risk scores, a Sustainalytics director said

Debt talks in focus at G20 finance meet: FM Sitharaman tells IMF chief

Indian Finance Minister Nirmala Sitharaman and IMF's Kristalina Georgieva also discussed regulating crypto assets

Oil prices steady as optimism over recovering Chinese demand offset by US

il prices were steady on Thursday, as optimism over recovering Chinese demand was offset by U.S. oil inventories hitting their highest in months.

RBI to hike rates again on sticky inflation, Fed pressure, say analysts

The central bank surprised markets by leaving the door open to more tightening, saying the stickiness of core inflation was concerning

MSCI to announce changes to free float status of few Adani Group securities

Index provider MSCI said on Thursday it had determined that some Adani securities should no longer be designated as free float after market participants raised concerns about the eligibility

Alphabet shares dive after Google AI chatbot Bard flubs answer in ad

Google has been on its heels after OpenAI, a startup Microsoft is backing with around $10 billion, introduced software in November that has wowed consumers and become a fixation in Silicon Valley

Rupee likely to fall on hawkish Fed Reserve comments, higher oil prices

The non-deliverable forwards indicated the rupee would open around 82.60-82.62 per dollar, compared with the 82.4925 closing in the previous session

Dollar flat after Fed official comments; focus on CPI data next week

The dollar index, which measures the US currency against six rivals, was 0.029% higher on Thursday at 103.460, having dropped nearly 0.3% in the previous session

ONGC Videsh eyes oil, gas 'hot spots' in Africa, Latin America, says MD

It's better to invest in bigger hot spots where you can get larger discoveries... Africa and Latin America still hold a lot of potential. Ghana is there, Suriname is there

Netflix lays out plans to crack down password sharing for accounts

The company lost subscribers in the first half of 2022 amidst stiff competition from rivals, prompting it to look more seriously into password sharing and launching an ad-supported plan

MSCI receives feedback; to do free float review of Adani Group securities

Index provider MSCI said on Thursday it has received feedback from a range of market participants concerning specific securities associated with the Adani Group

Uber Technologies to focus on 2023 profits as pandemic pain eases

Uber forecast adjusted EBITDA, a profitability metric that excludes some costs, between $660 million and $700 million for the first quarter, well above the average analyst estimate of $593.06 million

Fuel demand slips in January from nine-month peak on back of lower mobility

Sales of diesel fell 7.6% in January from a month ago to 7.18 million tonnes, while sales of gasoline, or petrol, fell 5.3% to 2.82 million tonnes, the PPAC data showed

Sebi proposes bondholders' nod for related party transactions for companies

The norms will be applicable to only listed non-convertible debt securities, according to SEBI