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Nomura hires ICICI banker Mahesh Natarajan to head India ECM biz: Report

Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the hiring decision is not public

Hindenburg says it holds short positions in Adani Group, flags risks

The seven listed companies of the Adani group, which is controlled by world's third richest man Gautam Adani, have an 85% downside on a fundamental basis due to sky-high valuations

SBM Bank says engaging with RBI to address 'supervisory concerns'

The RBI, on Monday, ordered SBM Bank to stop all transactions under the liberalised remittance scheme (LRS) until further notice, citing "material supervisory concerns" but no further detail

Australian dollar jumps, kiwi slumps after unexpected inflation data

The euro held near a nine-month peak against the dollar, as traders weighed a rosier growth outlook for the euro zone against growing signs of a looming US recession

Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

Blackstone is in talks to sell around half of its stake in India's largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital in a deal worth up to $480 million

US justice department set to sue Google over digital ad market dominance

The lawsuit is expected to take an aim at Google's advertising business

Blackstone in talks with Bain to sell $480 mn stake in top REIT: Report

A deal would mark US-based Bain's first REIT investment in India where office space is drawing in investors as many workers have returned to offices with the waning of the Covid-19 pandemic

Indian industry turns to biomass as capital bans coal in pollution fight

The change in air quality is as yet hard to quantify

Pilot's licence suspension over passenger incident 'excessive': Air India

The regulator also suspended the licence of the pilot-in-command on the New York-New Delhi flight for three months

Nomura hires ICICI Securities' Natarajan to head India ECM business: Report

Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the hiring decision is not public

J&J forecasts strong profit, beats Wall Street estimates on pharma boost

Shares of the drugmaker were up nearly 1% at $170.28 in trading before the bell

Pidilite posts surprise fall in Q3 net on higher input costs, weak demand

Pidilite, known for its synthetic resin adhesive Fevicol and waterproofing product Dr. Fixit, reported a 4.7% rise in cost of raw materials

Gold prices march higher on slower US Fed interest rate hike bets

Spot gold rose 0.3% to $1,936.62 per ounce by 1137 GMT. U.S. gold futures gained 0.5% to $1,938.00

TVS Motor Q3 results: Profit rises 22% to Rs 353 crore on price hikes

TVS', which operates in 80 countries including South Africa, Argentina and Sri Lanka, revenue from operations rose to Rs 6,545 crore from Rs 5,706 crore

Indian lenders expect pick up in retail deposits as interest rates rise

Currently, most large lenders offer deposit rates between 6.75% and 7.30% for 1-2 year deposits and between 5.75% and 7.25% for longer-term deposits

Oil prices steady as China reopening is balanced by economic concerns

A weaker US currency makes dollar-denominated commodities such as oil cheaper for buyers using other currencies

Dollar hovers near nine-month low against euro as yen bounces

Elsewhere, the dollar fell 0.4% to 130.18 yen, breaking a two-day rally

Egyptian President Abdel Fattah al-Sisi heads to India amid investment push

Egypt is trying to drum up foreign investment as it tries to manage a dollar shortage that has led to a sharp depreciation of the Egyptian pound

India's first green bond sale to command 'greenium' on strong demand

The government is expecting a green premium, or 'greenium,' on prices to push yields 5-10 basis points (bps) below sovereign bonds

India may peg nominal GDP growth at about 11% in upcoming Budget: Sources

The government expects nominal growth of 15.4% for the current fiscal year that ends on March 31