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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

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

Disney to cut 7,000 jobs in major revamp to make streaming biz profitable

The layoffs represent an estimated 3.6% of Disney's global workforce

France's TotalEnergies puts hydrogen partnership with Adani on hold

"It was announced, nothing was signed. It doesn't exist," Pouyanne said, referring to the new hydrogen venture

Indian households' inflation expectations moderated by 20 basis points: RBI

Indian household's inflation expectations for current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the RBI's latest round of internal surveys showed

Samvardhana Motherson's profit jumps 85% in Q3 on demand recovery

BENGALURU (Reuters) - Indian auto components maker Samvardhana Motherson International Ltd said its third-quarter profit jumped 85%, meeting estimates.

India's Escorts Kubota posts 7.5% drop in Q3 profit on higher input costs

Indian tractor maker Escorts Kubota Ltd reported a 7.5% fall in quarterly profit on Wednesday, as margins were pressured from persistently high raw material costs

Adani Wilmar profit rises 16%, shrugs off Hindenburg report impact

CHENNAI (Reuters) - Fortune brand-owner Adani Wilmar on Wednesday reported a 16% increase in quarterly profit on higher demand for its cooking oil and packaged foods.

TotalEnergies has not signed contract on new Adani hydrogen venture

TotalEnergies has not yet signed a contract announced last year to extend its partnership with India's Adani to the production of green hydrogen, the chief executive of the French oil major said

Shree Cements posts 44% fall in Dec-quarter profit on high fuel costs

The Kolkata-based company posted a standalone profit of 2.77 billion Indian rupees ($33.5 million) for the quarter ended Dec. 31, compared with 4.92 billion rupees a year earlier