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Tata Consumer Q3 result: Profit rises 27% to Rs 513 crore on festive demand

The company reported a consolidated profit before exceptional items and tax of 5.13 billion rupees ($61.8 million) in the quarter ended Dec. 31, up 27% from the year-ago period

Ola Electric considers bidding for mining rights of lithium blocks

Amid growing energy needs, India is trying to encourage electric vehicle production to cut greenhouse gas emissions and reduce reliance on fossil fuel imports

IPO for India unit not decided yet, final decision in a month: Hyundai

'We constantly review various measures, including listing overseas subsidiaries, to increase corporate value, but nothing has been decided,' Hyundai Motor said in a regulatory filing

Sobha Q3 results: Profit declines more than 50% to Rs 15.08 crore

Consolidated net profit for the Bengaluru-based company was Rs 15.08 crore ($1.8 million) in the quarter ended Dec 31, compared with Rs 31.81 crore a year earlier

India plans to protest EU's proposed carbon tax at WTO meeting: Report

New Delhi has also opposed EU regulations banning the import of products based on deforestation in the country of origin, likely to hit billions of dollars worth of exports from India

Govt bond yields settle lower ahead of RBI's policy outcome

The overall market sentiment has remained positive after the government said it aims to reduce the fiscal deficit and lower its gross borrowing by a wide margin next financial year

Alibaba Dec quarter results: Revenue at $36.19 billion, misses estimates

The company's U.S.-listed shares, which announced an increase of $25 billion to its share repurchase program through the end of March 2027, were up 3.5% in premarket trading

Manappuram Finance Q3 results: Profit up 46% at Rs 573 cr on strong demand

The October-December quarter included some key festivals that typically spur demand. Most Indian lenders have reported double-digit loan growth for the period

Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says

"We have two groups of Asian countries that we're interacting very much right now and we're building relationships right now - Gulf countries, India and China," he said

UAE wealth fund plans $4-5 billion in investments via India's GIFT city

Trade between India and the UAE totalled $85 billion for the financial year ending March 2023, according to Indian government data

China's stock exchanges restrict share selling by some hedge funds

They appear to be now targeting the private fund sector, particularly hedge funds using quantitative trading strategies that typically involve short-selling

Tata-owned Trent Q3 profit jumps more than two-fold on festive demand

The Tata Group-owned company reported a consolidated net profit of Rs 371 crore (about $45 million) for the three months ended Dec. 31, from Rs 155 crore a year earlier

Hamas proposes three-stage ceasefire over 135 days, leading to end of war

According to a draft document seen by Reuters, the Hamas counterproposal envisions three phases lasting 45 days each

HDFC Bank accepts bids worth $750 mn for dollar bond issuances: Bankers

Barclays, Bank of America, JP Morgan, MUFG and Standard Chartered are the joint global coordinators and lead managers

From jail, Imran Khan asks supporters to wait by poll stations after vote

Any large-scale gathering of Khan's supporters near booths could raise tensions because of what they call a military-backed crackdown on him and his party that has restricted campaigning

India to be largest global oil demand growth driver through 2030: IEA

The agency forecast India's demand would reach 6.6 million bpd in 2030, up from 5.5 million bpd in 2023

Rupee to gain slightly this year amid continued RBI intervention: Report

The RBI is still widely expected to cut rates later this year, but at a much slower pace than the Fed, so relative rupee strength may linger

UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover

Shares in the bank dropped as much as 4%, with analysts pointing to slightly lower-than-expected profitability targets as revenue at the lender falls before the cost savings are achieved

Spotify Q4 results: Revenue up 16% at $3.94 bn, user growth beats estimates

The Swedish music streaming company has ventured into podcasts and audiobooks as it seeks to grow its user base to 1 billion by 2030

Novo invests in Manipal hospitals as it aims to expand Asia footprint

Novo Holdings' key markets in the region are India, South-East Asia and China, where it opened an office in Shanghai last year