Page 371 - Reuters

FirstCry to raise $501 million in IPO, targets valuation of $2.9 billion

It said it will use the proceeds from the offering to fund acquisitions, international expansion and set up new stores

Govt exempts PSUs from meeting public shareholding norms for 2 years

All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator's rules

China's Communist Party expels ex-CNPC chairman for discipline violations

Wang had illegally accepted high value assets and goods and took advantage of his position to help others seek benefits

Asian shares extend global rally, Nikkei stands out amid yen surge

Japan's Nikkei, tumbled 3 per cent as the strengthening yen clouded the outlook for the country's exporters

China's factory activity shrinks for first time in 9 months: PMI data

Caixin/S&P Global manufacturing PMI fell to 49.8 in July from 51.8 the previous month, the lowest reading since October

Chipmaker Qualcomm forecasts strong revenue, warns of trade-curb impact

Shares of San Diego, California-based Qualcomm rose more than 5 per cent in extended trading after it reported results

Killing of Hamas chief in Iran sparks fears of retaliation, conflict

Haniyeh was killed by a missile that hit him directly in a state guesthouse where he was staying

KKR's second-quarter net income soars by 49% to $972 million on higher fees

KKR's shares were up 3.72 per cent at $124.25 early on Wednesday, giving the private equity group a market value of about $110 billion

Israel will exact heavy price for revenge attacks: Benjamin Netanyahu

We are prepared for any scenario and will stand united against any threat; Israel will exact a heavy price for any aggression against us from any arena, Netanyahu said in a televised statement

Ransomware attack forces around 300 small banks to go offline: Report

National Payment Corporation of India, an authority that oversees payment systems, said that it had temporarily isolated C-Edge Technologies from accessing the retail payments system operated by NPCI

Aster DM Healthcare Q1FY25 results: Net profit rises 81.3% to Rs 81 cr

Analysts expect hospital chains in the region to benefit from the acute flu season that, apart from coinciding with the June quarter, is known to bring diseases such as dengue and malaria

Country receives 9% more monsoon rainfall in July after weak June

The lifeblood of the nearly $3.5 trillion economy, the monsoon brings nearly 70 per cent of the rain India needs to water farms and refill reservoirs and aquifers

After months' search Boeing names Kelly Ortberg as President, CEO

Ortberg will face pressure to help revive production of the company's strong-selling 737 jets from about 25 in June and July to 38 by year's end

Citi breaks banks safety rules, makes liquidity reporting errors: Report

Firm's subsequent reaction to breaches resulted in liquidity reporting inaccuracies, according to the document, which provides a 2023 year-end snapshot of some of Citi's work on regulatory issues

Prestige Estates Projects Q1 results: Net profit falls 12% to Rs 233 cr

The housing market, especially in the premium segment, has seen continued growth in the past few quarters, with higher-end buyers remaining unfazed by inflationary pressures

Redington Q1 results: Net profit down 1% at Rs 246 cr as demands fall

Redington's operations from rest of the world (ROW) segment, which operates in 31 countries, including Rwanda, Oman and Turkey, and contributes nearly 50 per cent to its revenue has been in pressure

JK Lakshmi Cement Q1 results: PAT doubles to Rs 156 cr on lower expenses

India's general elections, and an extreme summer season spanning the April-June period, restricted construction activities and hit sales volumes for cement makers

Crompton Greaves Q1 results: Net profit up at Rs 152 cr on strong demand

Revenue from operations jumped 14 per cent to Rs 2,138 crore, while cost of materials consumed fell to Rs 468 crore

KRBL Q1 results: Net profit falls 55.5% to Rs 8,656 lakh on weak demand

World's biggest rice exporter imposed various curbs on exports in July last year and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May

April-June fiscal deficit at Rs 1.36 trillion, 8.1% of 2024-25 target

Total government expenditure during the period was Rs 9.7 trillion, or about 20.4 per cent of the annual goal, lower than the Rs 10.51 trillion in the same period last year