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Accenture warns of contract delays, cancellations amid US spending cuts

Accenture said its federal services unit is facing a slowdown as the US General Services Administration instructed all federal agencies to review their contracts

IndusInd Bank refutes media report on CEO and deputy stepping down

IndusInd Bank strongly denied the claims, however, stating they are "factually incorrect"

Shapoorji Pallonji gets over $4 bn in investor commitments for debt sale

Altogether, the investors may bid for 50%-75% of the issue, the sources added, requesting anonymity as they are not authorised to speak to the media

Russia holds key rate at 21% as inflationary pressure remains high

"The Bank of Russia estimates that the achieved tightness of monetary conditions creates the necessary prerequisites for returning inflation to the target in 2026," the regulator said in a statement

J&J plans to invest more than $55 billion in US over the next 4 years

The drug and device maker said this represents an increase of 25% in investment compared to the past four years

Japan's Astroscale to tie up with India's Digantara, Bellatrix Aerospace

The tie-ups will "hopefully" result in an orbital services bid for Indian clients "in one to two years", which would mark Astroscale's first operations in Asia-Pacific outside its home

India's ambitious $23 bn PLI scheme to counter China factories set to lapse

As of October 2024, participating firms had produced $151.93 billion worth of goods under the scheme, or 37 per cent of the target that Delhi had set

Jio Finance looks to postpone debt offering to FY26 amid elevated yields

The company, a wholly-owned unit of Jio Financial Services , had issued its maiden commercial paper (CP) last week, and had plans to issue its first bond before the end of March

Adani Group defends key projects amid alleged environmental law violations

Adani Group is defending itself against allegations made in India's National Green Tribunal that it started work on a $2 billion power plant without waiting for environmental clearance

Apple shakes up AI executive ranks in bid to turn around Siri: Report

Mike Rockwell, vice president in charge of the Vision Products Group, will now be in charge of the iPhone maker's Siri virtual assistant

Accenture warns of contract delays, cancellations amid US spending cuts

Accenture said its federal services unit is facing a slowdown as the US General Services Administration instructed all federal agencies to review their contracts

GM, Hyundai in talks to share pickups, electric vans in North America

Both automakers also face geopolitical tensions heightened by tariffs being levied or threatened by US President Donald Trump, which could curtail their ability to use imported components

Global debt exceeds $100 trillion as interest costs surge, says OECD

Germany's parliament approved a massive plan to boost infrastructure and support a broader European defence spending push this week

US Fed's wait-and-see approach gives respite to tariff-struck investors

Fed policymakers signaled a cautious stance of their own on Wednesday at a policy meeting that left interest rates unchanged but acknowledged rising risks to both growth and inflation

Opec+ issues new plan for oil cuts to compensate for overproduction

The plan will represent monthly cuts of between 189,000 barrels per day and 435,000 bpd, according to a table on OPEC's web site. The scheduled cuts last until June 2026

IndusInd Bank appoints independent firm to probe accounting discrepancies

The independent firm, which the bank did not name, will identify the root cause of the discrepancies, assess the correctness of the accounting treatment of the derivative contracts

Ukrainian experts will be in Saudi for peace talks, says Zelenskyy

Russian and US experts are due to discuss ways to ensure the safety of shipping in the Black Sea at talks on a possible peace settlement in Saudi Arabia on Monday

Oil prices rise after US sanctions on Iran, escalated tensions in West Asia

The US on Thursday issued new Iran-related sanctions, targeting one individual and several entities including a Chinese "teapot" oil refinery for purchasing and processing Iranian crude oil

Bajaj Finance names Anup Kumar Saha as MD, Rajeev Jain becomes VC

Saha joined Bajaj Finance in 2017. He has served 25 years in the financial services industry, of which 14 years were with ICICI Bank and 11 years with non-bank entities

India to start new sugar season with sufficient stocks, says Isma

Industry bodies have lowered output estimates for the current year to September 2025, raising some concerns over supplies