Page 665 - Reuters

Weak demand for SBI perpetual bonds as investors seek higher returns

Questions around the viability and pricing of perpetual bonds resurfaced after similar securities were written off as part of the rescue of Credit Suisse in March

Google rolls out AI chatbot Bard to Europe and Brazil, adds more languages

"Starting today, you can collaborate with Bard in over 40 languages, including Arabic, Chinese, German, Hindi and Spanish," Google senior product director Jack Krawczyk said in a blog post

PepsiCo raises revenue, profit forecasts on price hikes and steady demand

PepsiCo's average prices jumped 15% for the quarter ended June 17, while organic volume slipped 2.5%

IMF sees 'pockets of resilience,' slowing momentum in global economy

Reduced supply chain disruptions and lower goods demand means likely disinflationary pressures from goods, the IMF said

Tesla in talks with India to set up factory with 500,000 annual capacity

India was keen for Tesla to manufacture vehicles locally, but the company said it wanted to export its cars first so that it could test the strength of demand

G20 to discuss int'l debt architecture, more loans to developing nations

Countries like Zambia and Ghana have been waiting for big creditors to make progress in providing debt relief under the so called "Common Framework", which is led by the G20

Foxconn-Vedanta JV split credit negative for UK mining firm: CreditSights

CreditSights had previously expected a "minimal credit impact" on Vedanta Resources based on the old arrangement, as Volcan, Vedanta's holding entity was undertaking the semiconductor investments

Godrej Properties wins Gurugram luxury projects, sees $380 mn in revenue

The deal comes amid a boom for luxury housing in India, with home buyers preferring spacious apartments with amenities like concierge services and spas

No need to rethink after online gaming tax backlash: Revenue secretary

The government's decision, announced late on Tuesday, was met with dismay in the $1.5 billion industry, and shares of casino operator Delta Corp and other online gaming companies plunged

APP scam: It's customer's decision, no onus on banks, rules UK top court

A music teacher sued Barclays in 2020 after she was duped of £700,000 in an authorised push payment fraud

Oil prices rise as mild US inflation data calms fear of Fed rate hike

Oil prices also drew support from a weaker dollar and optimism surrounding Chinese stimulus, said Fiona Cincotta, senior financial markets analyst at City Index

Twitter, ChatGPT down for thousands of users, says outage tracking website

OpenAI said it has disabled logins while it works to get the service back up

GST Council's decision on online gaming was unanimous: Revenue Secretary

The government's decision, announced late on Tuesday, created an uproar in the online gaming industry, with shares of casino operator Delta Corp & other online gaming firms plunging in Wednesday trade

Gujarat holds talk with Foxconn for its semiconductor plant: Official

Foxconn this week exited its project with Vedanta, which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress

GST Council was unanimous in its decision, says revenue secretary

The government's decision, announced late on Tuesday, created an uproar in the $1.5 billion industry, with shares of casino operator Delta Corp & other online gaming firms plunging in Wednesday trade

Vedanta to enter semiconductor market this year after Foxconn split

Foxconn separately intends to apply for incentives under India's semiconductor production plan

Shares of Indian gaming, casino firms drop after 28% GST imposition

These companies will now have to pay a 28% tax on the entire amount collected from players, instead of the small tax on the fee they charged for real-money games until now

Adani aims to close planned $4 bn fundraising by end-December: Report

The Adani Group is aiming to close the fundraising before end 2023, said the source, who declined to be named as the discussions are private

Countries agree to extend digital services tax freeze through 2024: OECD

The first part of the two-pillar deal aims to reallocate taxing rights on about $200 billion in profits from the biggest and most profitable multinationals to the countries where their sales occur

Quadria Capital to invest up to $155 mn in Maxivision Eye Hospital

Maxivision offers eye care services to over five million patients in 42 centres across six states in southern and western India