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WeWork India slips in trading debut amid valuation, governance concerns

The shares opened barely above the IPO offer price of 648 rupees and fell as much as 5.2% to 614.25 rupees

Draft bill floated to open up retail power sector nationwide to pvt firms

The move will allow private companies such as Adani Enterprises, Tata Power, Torrent Power and CESC to strengthen their presence across the country

Yen rebounds as Japan coalition falters, gold shines above $4,000

Japan's yen was jolted out of its slide and the Nikkei dropped 1% on news the Komeito party was quitting its coalition with the Liberal Democratic Party (LDP)

Papa John's targets India with majority-vegetarian menu, plans 650 stores

Papa John's return coincides with expected recovery in India's discretionary spending after recent tax cuts, following several quarters of weak fast-food demand

China hits back at US ships with additional port fees from October 14

For US vessels berthing at Chinese ports from October 14, the rate shall be 400 yuan ($56.13) per net tonne, the Chinese transport ministry said

Israeli forces start pulling back from parts of Gaza under ceasefire deal

Israeli forces withdrew from the Mediterranean coastal road into Gaza City, allowing hundreds to return to the main urban centre after a month of Israeli assault

Bharti Telecom to open ₹15,000 cr mega bond issue next week, say bankers

A 100 basis-point cut in the RBI's policy rate in 2025, and an upgrade of the company's existing bonds to the highest-grade rating of AAA by Crisil Ratings has helped bring down costs for the company

Sanction-hit Nayara scrambles to sustain operations with support from India

Blocked from international markets by EU sanctions, the Russian-owned refinery has diverted more fuel to India and sought new export customers through various workarounds

Asian stocks slip as Wall Street declines linger, commodities catch breath

Shares in Hong Kong were down the most, off 1.1 per cent, while the Australian market slid 0.1 per cent against a backdrop of volatile commodity markets

Russia strikes apartments, energy sites in major attack on Ukraine's Kyiv

Russian forces have focused on Ukraine's energy infrastructure in recent weeks as winter again approaches in the more than three-and-a-half-year-old war

PayPay buys 40% stake in Binance Japan to deepen its digital payments push

PayPay has played a role in encouraging Japanese consumers to move away from a long-standing preference for cash by offering rebates on payments through its mobile app

Gold stays above $4,000 as silver tops $50 for first time amid rally

Silver, spurred by momentum in the gold market, strong investment demand and an ongoing supply deficit, breached the psychological barrier of $50 per ounce for the first time

Trump wants Israel hostages freed by Mon-Tues, will attend signing ceremony

Trump opened a White House Cabinet meeting by discussing a deal reached on Wednesday under which the hostages held by Hamas militants are to be released in the first phase of a broader Gaza plan

Norwegian state fund invests $20 million in India's IPO-bound SAEL

The company aims to grow its revenue from these businesses to 30.94 billion rupees by fiscal year 2027

ONGC likey to provide first guarantee in 15 years for unit's bond sale

ONGC Petro Additions Ltd (OPAL), in which ONGC owns more than 95% stake, is looking to raise 50 billion rupees ($563.22 million) through a multiple-tranche bond sale, they said

UK signs $468 million deal to supply India with lightweight missiles

Britain also said on Thursday it reached a new milestone with India on a tie-up for electric-powered engines for naval ships as both countries signed the next phase of a deal

NBFC MUDRA aims to diversify funding base with first-ever bond sale

The company, a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI), is expected to issue its first tranche of 20 billion rupees before the end of the current quarter

Banks may post subdued quarterly results amid rate cuts, weak loan demand

Analysts forecast private banks to post a year-on-year decline in profit in the September quarter, while net interest income (NII) may see only a marginal uptick

Madison Communications asks court to quash antitrust probe into ad agency

Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date

Harvard medical school licenses health content to Microsoft for Copilot AI

Dominic King of Microsoft AI said Copilot aims to give answers that closely match what users would get from a medical practitioner, improving on current capabilities