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G20 to discuss int'l debt architecture, more loans to developing nations

Countries like Zambia and Ghana have been waiting for big creditors to make progress in providing debt relief under the so called "Common Framework", which is led by the G20

Foxconn-Vedanta JV split credit negative for UK mining firm: CreditSights

CreditSights had previously expected a "minimal credit impact" on Vedanta Resources based on the old arrangement, as Volcan, Vedanta's holding entity was undertaking the semiconductor investments

Godrej Properties wins Gurugram luxury projects, sees $380 mn in revenue

The deal comes amid a boom for luxury housing in India, with home buyers preferring spacious apartments with amenities like concierge services and spas

No need to rethink after online gaming tax backlash: Revenue secretary

The government's decision, announced late on Tuesday, was met with dismay in the $1.5 billion industry, and shares of casino operator Delta Corp and other online gaming companies plunged

APP scam: It's customer's decision, no onus on banks, rules UK top court

A music teacher sued Barclays in 2020 after she was duped of £700,000 in an authorised push payment fraud

Oil prices rise as mild US inflation data calms fear of Fed rate hike

Oil prices also drew support from a weaker dollar and optimism surrounding Chinese stimulus, said Fiona Cincotta, senior financial markets analyst at City Index

Twitter, ChatGPT down for thousands of users, says outage tracking website

OpenAI said it has disabled logins while it works to get the service back up

GST Council's decision on online gaming was unanimous: Revenue Secretary

The government's decision, announced late on Tuesday, created an uproar in the online gaming industry, with shares of casino operator Delta Corp & other online gaming firms plunging in Wednesday trade

Gujarat holds talk with Foxconn for its semiconductor plant: Official

Foxconn this week exited its project with Vedanta, which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress

GST Council was unanimous in its decision, says revenue secretary

The government's decision, announced late on Tuesday, created an uproar in the $1.5 billion industry, with shares of casino operator Delta Corp & other online gaming firms plunging in Wednesday trade

Vedanta to enter semiconductor market this year after Foxconn split

Foxconn separately intends to apply for incentives under India's semiconductor production plan

Shares of Indian gaming, casino firms drop after 28% GST imposition

These companies will now have to pay a 28% tax on the entire amount collected from players, instead of the small tax on the fee they charged for real-money games until now

Adani aims to close planned $4 bn fundraising by end-December: Report

The Adani Group is aiming to close the fundraising before end 2023, said the source, who declined to be named as the discussions are private

Countries agree to extend digital services tax freeze through 2024: OECD

The first part of the two-pillar deal aims to reallocate taxing rights on about $200 billion in profits from the biggest and most profitable multinationals to the countries where their sales occur

Quadria Capital to invest up to $155 mn in Maxivision Eye Hospital

Maxivision offers eye care services to over five million patients in 42 centres across six states in southern and western India

Global accounting firms setting up investment in smaller Indian cities

For decades, large multinational corporations have rushed to India's biggest metropolises, chiefly Mumbai, Delhi and Bengaluru

IT giant Wipro plans to invest $1 billion in AI over next three years

The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing

Disney exploring strategic options for its India biz including JV, and sale

The company has talked to at least one bank about ways to help the India business grow, while sharing some of the costs, according to the report

Israel erupts as Parliament adopts Bill to put curbs on judicial powers

The new bill won a first of three required votes to be written into law late on Monday to the cries of 'for shame' by opposition lawmakers

'It's absurd': Zelenskyy attacks Nato compromise on Ukraine membership

Turkey Agrees to Support Sweden's NATO Bid