Page 380 - Reuters

Sobha Ltd Q1 results: Net profit sinks 50% to Rs 6.06 cr on lower sales

The April-June period saw delays in approvals for real estate projects amidst general elections in the country, resulting in fewer launches and a slowdown in sales

Eicher Motors Q1 results: Profit rises 20% to Rs 1,101 cr on strong sales

Eicher clocked record-high sales in the previous two fiscal years due to strong demand from urban consumers, its key demographic

Page Industries Q1 results: Net profit rises to Rs 165 cr on strong demand

The apparel maker reported a profit of Rs 165 crore(nearly $20 million) for the quarter ended June 30, compared with Rs 158 crore a year ago

Radico Khaitan expects 20% growth as Indians splurge on expensive liquor

Radico Khaitan reported 14.3 per cent sales volume growth for the June quarter on Wednesday in its high-end category, which makes up roughly half its revenue

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data

Prior to this, the IT sector was divided into software, services and hardware technology

Elon Musk stirs UK divisions, urges faster rollout of online safety laws

An Online Safety Bill was passed into law in October but has yet to be implemented

Russia-China first bilateral barter trade anticipated to come this autumn

Barter trading would allow Moscow and Beijing to circumvent payment issues, reduce the visibility Western regulators have over their bilateral transactions, and limit currency risk

S Korea unveils housing supply measures in an attempt to curb price rises

The government plans to loosen regulations on reconstruction projects and simplify the process, to release "green belt" areas near Seoul for new projects, and raise the limit on loan guarantees

South Korea to require EV makers to disclose battery brands after fire

Automakers in South Korea currently need to disclose certain information about vehicles, including size and fuel efficiency

MG Motor plans to build manufacturing plant, R&D centre in Mexico

It did not mention the United States, but added that sister brand IM, a luxury electric-vehicle line, also plans to enter the Mexican market

South Carolina prepares for deluge as Tropical Storm Debby makes landfall

At least six people have died in Florida and Georgia in the wake of the storm

India's July inflation 'dipped' below RBI target, high base effect at play

Rising food costs, especially for vegetables, and hikes in telecom tariffs last month were offset by a higher base from July last year

Bangladesh awaits installation of interim govt after weeks of strife

Yunus and the Bangladesh Nationalist Party (BNP), Hasina's main political opponent, called for calm and an end to violence

Tech leads Asia stock selloff; yen, dollar gains in volatile week for mkts

Elsewhere, Taiwan's tech-heavy stock benchmark sagged 2% and Hong Kong's Hang Seng lost 1%

Nuclear weapons would fracture US ties: South Korean defence chief

The prospect of another term for former U.S. President Donald Trump, who complained about the cost of the U.S. military presence in South Korea and launched unprecedented talks with the North

Boeing unauthorised 737 work issue should have been caught earlier: NTSB

The NTSB's Homendy added there was no guarantee the door panel issue would not occur again

Ukraine penetrates Russia's southern border, triggering fierce clashes

Russia's health ministry said 31 civilians, including six children, had been wounded. Smirnov said on Tuesday that five people had been killed

Warner Bros Discovery writes down TV assets by $9 bn amid uncertainities

The shift of viewers from traditional television to streaming services has led to a decline in advertising revenue and affiliate fees, impacting the profitability of Warner Bros

UK, Egypt issue alerts for Iran, Lebanon airspace amid conflict risks

Egypt's civil aviation ministry later confirmed on Wednesday the notice was intended to reduce flight safety risks in light of a notification it received from Iranian authorities

RBI expected to hold rates, markets seek hints on possible future cuts

Investors are hopeful the RBI will soften its stance on inflation following the recent souring of global market sentiment