Page 542 - Reuters

United Spirits profit climbs on premium liquor demand in third quarter

A greater number of affluent Indians are choosing more expensive cars and consuming pricier food and liquor, unaffected by inflation

Tata Elxsi Q3 net profit rises 6% to Rs 206 cr on transportation segment

The company's net profit rose to 2.06 billion rupees ($24.78 million) for the quarter ended Dec. 31 from 1.95 billion rupees a year ago

Benchmark 10-yr bond yields steady at 7.1% as traders await fresh cues

India's benchmark 10-year yield ended at 7.1751%, following its previous close at 7.1790%. India's bond markets were shut on Monday and will be closed on Friday

Electronics maker Dixon expects nearly 50% revenue growth in 2024

The company, which started making colour televisions in India in 1994, now has 23 manufacturing plants in the country and serves customers

Russian government proposes extending capital controls until end-2024

The measures, ordered by President Vladimir Putin in an October decree, have been effective, the government said on the Telegram messaging app. They are currently set to expire in April

Sunflower oil imports to falter as Red Sea attacks lift freight costs

The world's biggest sunflower oil buyer typically sources most of its imports from the Black Sea region via the Red Sea

Ericsson expects decline in 5G demand from telcos despite Q4 earnings beat

After a few years of high demand for 5G equipment, buying by telecom providers slowed last year, prompting firms such as Ericsson and Nokia to lay off thousands of employees to save costs

BOJ signals conviction on hitting inflation target in hawkish tilt

BOJ Governor Kazuo Ueda gave no hints on whether the bank would pull short-term interest rates out of negative territory at its upcoming meetings in March or April, as many economists expect

Corning signs $120 mn worth JV with Optiemus for manufacturing plant in TN

The new facility will make front cover glass for mobile phones and phone parts makers in India, the state government said, without specifying the particular brands to which the glass would be supplied

Granules Q3 results: Profit rises marginally by 1.6% to Rs 126 crore

The company's consolidated profit rose 1.6% to 1.26 billion rupees (nearly $15 million), according to an exchange filing

Interim Budget to reduce fiscal deficit, focus on capex, suggests poll

The government is aiming to narrow the fiscal deficit to 4.50 per cent of GDP by the end of the 2025-26 fiscal year (FY) from 5.90 per cent in the current year to end-March 2024

Consumer goods companies set for mixed sales as prices in US ease

The easing of prices came as U.S. consumer confidence increased during the quarter after months of decline, with Americans growing more optimistic about current and future business conditions

Sunoco to buy NuStar Energy in $7.3 bn deal as it expands midstream biz

The equity portion of the deal comes up to $2.99 billion, and NuStar's shareholders stand to receive 0.400 of a Sunoco share for each NuStar unit they hold, valuing Sunoco's shares at $23.78

Global watchdog to report in October on how social media fuels bank runs

A U.S. regulator last week called for new liquidity rules to cope with outflows over five days

S&P upgrades Adani Ports, Adani Electricity rating on cash flow optimism

For Adani Electricity, the agency expects its ability to generate operating cash flow compared to its debt to improve to above 10% in fiscal 2024 and 2025

4 survivors of Russian plane crash in Afghanistan in 'good health': Taliban

Video footage released by Mujahid's office showed the four men, some of whom had bruising visible on their faces and one with blood stains on his clothes, stepping off a helicopter with Taliban

Netanyahu to Gaza hostage families: Hamas has not made a solid deal offer

"I am saying this as clearly as I can because there are so many incorrect statements which are certainly agonising for you," Netanyahu added

Global currencies stabilise amid Central bank decision uncertainty

Japan's yen was one of the bigger movers, heading away from Friday's 148.80 per dollar, its weakest in a month, to as firm as 147.74, as the Bank of Japan started its two-day policy meeting

Instagram, Facebook users will get more choices to comply with DMA: Meta

The world's largest social network is the latest to make changes to comply with the DMA after Google outlined efforts to comply with new EU technology rules that could hurt revenues for some companies

Crude oil edges higher as geopolitics outweighs global demand concerns

The front-month U.S. West Texas Intermediate crude futures contract for February delivery was up 31 cents at $73.72 a barrel in tepid trade