Page 6 - Reuters%20/undefined

NSE IPO receives $10 billion in bids after being subscribed 5.7 times

NSE's $2.3 billion IPO ​was subscribed 5.7 times by ​the end of the final ‌day of bidding on Monday as investors bet on continued equity market growth in Asia's third-largest economy.

Tesla faces major trial over alleged discrimination against Black workers

Lawyers for Tesla and the California Civil Rights Department will square off in Oakland before state Superior Court ‌Judge Peter Borkon, who has scheduled the trial to run ​until October 30

Novo Nordisk aims to launch more than five blockbuster drugs by 2030: CEO

The company is racing ​to reassure markets that ​it can navigate patent expirations for semaglutide - the active ingredient in its anti-obesity ​drugs Ozempic and Wegovy franchises, in the early 2030s

Govt studying details of US tariffs on Russian oil buyers: Piyush Goyal

The bill ‌authorises Trump to impose ‌stiff tariffs of up to ​100% on China, India, and other ​countries to reduce their dependence on ‌Russian energy

Indian Oil to invest $256 mn for Kochi-Thoothukudi natural gas pipeline

The investment comes amid India's broader push ​to expand natural gas ‌infrastructure, improve connectivity and increase the ​share of gas in the country's energy mix as it ‌seeks ​cleaner fuel altern

Nearly 40% of coal power plants running critically low on fuel: Govt data

India's peak power demand, a measure of the maximum electricity ‌requirement, has been hovering between 230 gigawatts and 250 gigawatts in the past week

Starbucks signs pact with TN govt to set up GCC in Chennai, create 800 jobs

The move comes days after US pharmacy chain Walgreens signed a pact with the Tamil Nadu government to establish a GCC ​in the state's capital

JSW Energy, JSW Steel plan to raise $300 million through bonds in Oct-Dec

JSW Energy plans to raise around ₹1,500 crore through up to five-year bonds, while JSW Steel could raise around ₹1,350 crore via three-year or four-year debt

Bangladesh raises fuel prices by up to 17.4% amid global oil price surge

The new rates, ‌effective from Monday, are expected to ​raise transportation and production costs ​across the import-dependent economy, adding to inflationary pressures

Fintech firm Moneyview seeks $624 million valuation in trimmed India IPO

Moneyview, formerly known as Whizdm ‌Innovations, provides users a suite of financial products through a network of banks, non-bank lenders, insurers, and other financial institutions

Oil prices hit over 1-week low on hopes of boost to diplomacy in Iran war

Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on ‌Monday, with Brent at $101.71 a barrel by 0213 GMT, down $2.16, or 2.08%

Asian markets edge higher as AI-driven chip demand lifts tech stocks

Japan's Nikkei was shut but futures rose 0.5%, while South Korea's tech-heavy index gained 1.1%

Ukraine launches major drone attack on Moscow amid Russian election

Moscow says it repelled a major Ukrainian drone assault as Russia's parliamentary election entered its final day

World leaders meet at UN amid wars, AI risks, questions over relevance

World leaders gather in New York for the UN General Assembly with conflicts in West Asia and Ukraine, artificial intelligence risks and the future of the multilateral body high on the agenda

Iran says US preparing to resume attacks, warns of a sustained response

Tehran's central military command says any US attack would trigger sustained strikes on American bases and interests, and warns countries against supporting Washington

North Korea fires suspected ballistic missile off east coast, says Japan

South Korea's defence ministry said the ​rival North had fired an unidentified projectile

Two killed after Ukrainian drone attacks hit oil refinery in Moscow

Ukraine and ​Russia have continued attacks on each other's energy infrastructure despite an announcement by US ​President Donald Trump on Monday that they had agreed to stop

Trump seeks to bring US health-research funding under his control

Trump has directed budget chief Russ Vought to draft an order creating a board that would decide which NIH research grants receive funding

China keeps benchmark lending rates unchanged for 16th month in September

The steady loan prime rates underscored the limited scope for fresh monetary easing after some major global central banks recently adopted a more hawkish stance

Trump announces US 'AI Force', plans to appoint AI czar for regulation

US officials have said they will raise ​the topic of AI in talks with China as the US president prepares to meet ​with Chinese President Xi Jinping next week