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Adani Enterprises Q1 results: Net profit rises 116% to Rs 1,455 cr

Consolidated net profit rose to Rs 1,455 crore for quarter ended June 30, from Rs 674 crore a year ago, the company, which is the flagship firm of the Adani Group, said in an exchange filing

Adani Ports registers 47% jump in Q1 profit on strong cargo volumes

Shares of the Adani Group company were up 1.2% after the results, while the broader benchmark Nifty 50 gained 0.2%

Weekly unemployment claims rise to 11-month high of 249,000: US labour dept

Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 249,000 for the week ended July 27, the highest level since August last year

RBI's tighter liquidity norms credit positive for banks, says Moody's

The central bank released a set of preliminary guidelines last month, including suggesting that banks will be required to allocate an additional 5 per cent reduction in the stability of retail deposit

Bank of England cuts interest rates from 16-year high as inflation eases

Thursday's decision was in line with the forecast in a Reuters poll of economists but financial markets had only seen just over a 60 per cent chance of a cut

Thomson Reuters reports 6% rise in revenue, plans to deploy AI aggressively

The company now forecasts full year revenue to hit the high end of projections or a rise of about 7 per cent

Orient Electric Q1 results: Profit down 27% to Rs 14.34 cr on high expenses

Orient Electric, which also sells mixer-grinders and switchgears, said profit decreased to Rs 14.34 crore ($1.7 million) in the quarter, from Rs 19.69 crore a year earlier

Factories across Europe, Asia struggled in July as demand waned, shows PMIs

It was a broadbased downturn in the euro zone while a slump in China's manufacturing activity suppressed its Asian neighbours

Zomato Q1 results: Net profit up at Rs 253 crore as Blinkit serves growth

Zomato's revenue surged 74 per cent to Rs 4,206 crore in the quarter, beating analysts' estimates of Rs 3,928 crore, per LSEG data

Oil prices rise during trade on risk of broadening Middle East conflict

Global benchmark Brent crude futures rose 71 cents, or 0.9 per cent, to $81.55 a barrel by 0605 GMT

Bank of Baroda to recover Rs 10K cr from bad loans in FY25, says CEO

Bank of Baroda recovered Rs 1,005 crore from bad debt in April-June, of which a major portion was small-ticket loans, the chief executive said

FirstCry to raise $501 million in IPO, targets valuation of $2.9 billion

It said it will use the proceeds from the offering to fund acquisitions, international expansion and set up new stores

Govt exempts PSUs from meeting public shareholding norms for 2 years

All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator's rules

China's Communist Party expels ex-CNPC chairman for discipline violations

Wang had illegally accepted high value assets and goods and took advantage of his position to help others seek benefits

Asian shares extend global rally, Nikkei stands out amid yen surge

Japan's Nikkei, tumbled 3 per cent as the strengthening yen clouded the outlook for the country's exporters

China's factory activity shrinks for first time in 9 months: PMI data

Caixin/S&P Global manufacturing PMI fell to 49.8 in July from 51.8 the previous month, the lowest reading since October

Chipmaker Qualcomm forecasts strong revenue, warns of trade-curb impact

Shares of San Diego, California-based Qualcomm rose more than 5 per cent in extended trading after it reported results

Killing of Hamas chief in Iran sparks fears of retaliation, conflict

Haniyeh was killed by a missile that hit him directly in a state guesthouse where he was staying

KKR's second-quarter net income soars by 49% to $972 million on higher fees

KKR's shares were up 3.72 per cent at $124.25 early on Wednesday, giving the private equity group a market value of about $110 billion

Israel will exact heavy price for revenge attacks: Benjamin Netanyahu

We are prepared for any scenario and will stand united against any threat; Israel will exact a heavy price for any aggression against us from any arena, Netanyahu said in a televised statement