Page 689 - Reuters

Adani Transmission's board approves plan to raise up to $1 billion

India's Adani Transmission said its board on Saturday approved a plan to raise up to 85 billion rupees ($1.0 billion) from the market

Sebi to regulate platforms offering ownership of real estate assets

Sebi has proposed regulating all online platform that offer fractional ownership of real estate assets, in a bid to provide protection to small investors

IMF: US default to have 'very serious repercussions' on global economy

Treasury Secretary Janet Yellen has warned that a default on US payments could come as early as June 1 if Congress fails to raise the borrowing cap

Manappuram posts 58% jump in profit on healthy gold loan business

The company's interest income jumped 23% to 17.14 billion rupees, while expenses rose a comparatively smaller 8.3%

Colgate-Palmolive beats Q4 profit estimates helped by price hikes

Colgate-Palmolive (India) Ltd's fourth-quarter profit fell less than expected, helped by price hikes implemented to combat surging costs

Tata Motors expects JLR's cash flow to quadruple to $2.50 bn this fiscal

India's Tata Motors Ltd expects its luxury car group, JLR free cash flow to nearly quadruple to top $2.50 billion this fiscal, and the automaker also declared its first dividend in nearly seven years

Rupee records worst week since mid-March as US dollar regains strength

By Sethuraman N R

Adani-owned Ambuja Cements to expand production capacity by 14 mn tonnes

The projects are expected to be commissioned in two years and will funded using internal accruals, it added

Hindustan Aeronautics posts first decline in profit in 10 quarters

The company also said it incurred tax expenses of 124.7 million rupees in the quarter, against a gain of 5.28 billion rupees from tax refunds a year ago

India's April palm oil imports slump 30% to 14-mth low as preference shifts

Sunoil imports in April surged 68% from a month ago to 249,122 00 tonnes, while soyoil imports edged up 1.4% to 262,455 tonnes

Pratt & Whitney faces higher risks after Go First filed for bankruptcy

"Go First's recent bankruptcy filing has radically changed the field of play in terms of Go First's need for relief and IAE's risk," its filing stated

Pakistan authorities gear for Imran Khan's supporters at his court hearing

His arrest earlier this week, which sparked deadly unrest in the nuclear-armed nation, was ruled "invalid and unlawful" by the Supreme Court on Thursday

Apple to open first online shop in Vietnam in push to emerging market

The opening on May 18 comes just weeks after the Cupertino, California-based company opened its first Apple stores in India - Mumbai and Delhi

Pratt & Whitney opposes Go Airlines' push to enforce arbitration against it

(Reuters) -Pratt & Whitney opposed India's Go Airlines' push to enforce an arbitration ruling against the US company for the supply of spare engines, a Delaware court filing showed

Risky jurisdiction: Aircraft lessors raise alarm over Go First crisis

India is a critical market for lessors, in which sale-and-leaseback deals accounted for 75% of plane deliveries from 2018 to 2022, compared with a global average of 35%

Pfizer pouring windfall profits from Covid-19 vaccine into cancer battle

The U.S. government will end the COVID Public Health Emergency on Thursday that allowed millions of Americans to receive vaccines, tests and treatments at no cost

Pak needs significantly more financing for successful bailout review: IMF

The United Arab Emirates, Saudi Arabia and China came to Pakistan's assistance in March and April with pledges that would cover some of the funding deficit

US weekly jobless claims hit 1-1/2-year high; producer inflation cooling

The government reported on Wednesday that the annual increase in consumer prices slowed to below 5% in April for the first time in two years

WHO declares end to viral disease 'mpox' public health emergency

Almost 90% fewer mpox cases were reported in the past three months, compared with cases in the same duration before that, the WHO chief said

Government's e-commerce network ONDC available in 236 cities: CEO

The government has said existing platforms are tightly controlled, keeping out many small players. It expects ONDC to increase competition and foster start-up innovation