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Apple supplier Salcomp to more than double Indian workforce to 25,000

CHENNAI (Reuters) - Finland's Salcomp, a supplier to U.S. tech group Apple, is looking to more than double its workforce in India to nearly 25,000 over the next 2-3 years.

Sebi to update FM Nirmala Sitharaman on Adani Group probe this week

India's market regulator will provide an update on its investigations into the Adani Group's withdrawn follow-on public issue this week, two sources familiar with the matter said on Monday.

DBS says not concerned about exposure to Adani group amid Hindenburg rout

DBS Group has a tightly managed exposure to India's troubled Adani group of companies, the CEO of Southeast Asia's largest bank said on Monday

Fed rate outlook to push rupee lower; US inflation data key this week

The non-deliverable forwards indicated an opening of around 82.60-82.64 for the rupee to the US dollar, compared with 82.4975 in the previous session

Dollar hangs near five-week high as inflation data looms; yen slips

The risk-sensitive Australian and New Zealand dollars eased with Asian equities on worries that higher U.S. rates will choke growth. Sterling also retreated

US shoots down 4th mysterious object over Lake Huron near Canadian border

It was the fourth flying object to be shot down over North America by a US missile in a little more than a week

Russia plans caps on crude oil discounts to as low as $25 per barrel

Proposal: Discount of $34 in April, $31 in May, $28 in June and $25 in July'

Adani Group firms pledge shares for lenders of AEL: SBICAP Trustee

SBICAP Trustee said it had received the pledges in its capacity as "security trustee" of the lenders of Adani Enterprises

Indian regulators aware of concerns on Adani Group issue, says Sitharaman

Nirmala Sitharaman told reporters after meeting the central bank's directors in New Delhi, the capital

Tight liquidity makes Adani Group dollar bonds a tough buy or sell

Most of some $8 billion of Adani firms' outstanding bonds fell below the 70 cents on the dollar mark - which is seen as distressed territory - after the Hindenburg report

Air India seals record order for about 500 jets from Airbus, Boeing: Report

The order reflects Air India's strategy to modernise its ageing fleet and re-capture a solid share of trips between India's large overseas diaspora and cities such as Delhi and Mumbai

UK probes Barclays over anti-money laundering systems, says report

The FCA wrote to the heads of Barclays' corporate banking and UK retail and wealth divisions requesting a "skilled persons review", or Section 166, the report said

Sebi probing Adani's links with investors in aborted $2.5 billion FPO

Opposition parties have protested in parliament to call for an independent probe into Hindenburg's allegations

World Food Programme warns of stock shortage in quake-hit northwest Syria

he International Organisation for Migration said that 14 trucks carrying humanitarian aid, including electric heaters, tents, blankets, had crossed into northern Syria from Turkey on Friday

Popularity of PM Modi remains intact despite Adani saga, shows poll

Data from polling agency C-Voter seems to suggest support for the prime minister has not waned, although the survey did not refer to the Adani issue

Oil India reports 40% jump in Dec qtr profit on high output, better pricing

State-run explorer Oil India reported a bigger-than-expected 40% jump in third-quarter profit on Friday, aided by increased production and better price realisation

Adani Group reels after report from US based short-seller Hindenburg

NEW DELHI (Reuters) - Indian tycoon Gautam Adani's conglomerate has been pummelled by a stock rout and come under increasing scrutiny after U.S. short-seller Hindenburg Research

ChatGPT, other AI models to disrupt Indian IT firms: JP Morgan analyst

(Reuters) - Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday.

Adani Wilmar to be dropped from S&P BSE IPO indices: Asia Index Pvt Ltd

Asia Index, which is a 50-50 partnership between S&P Dow Jones Indices LLC and India's BSE Ltd, said the reconstitution will be effective from Feb 20

GST Council will decide on cement tax rate after expert study, says CBIC

NEW DELHI (Reuters) - India's Goods and Services Tax Council will decide whether to cut tax rates on cement after an expert team submits its recommendation, chairperson of the CBIC said on Friday.