Page 758 - Reuters

Bankers consider delay, price cut in Adani's $2.5 bn FPO after market rout

Seven listed companies of the conglomerate controlled by Gautam Adani have lost a combined $48 billion in market valuation since Hindenburg report came out

Hindenburg report puts Asia's richest man Gautam Adani in eye of a storm

Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a US short seller cast doubts on his business

Market regulator Sebi increases scrutiny of Adani group deals: Sources

The regulator had sought clarity from the group on these entities when the group approached it for regulatory clearance last year. These responses are under regulatory examination, sources said

'Britain needs you', Hunt urges older people to rejoin workforce

Hunt addressed problems in the labour market in a speech on Friday

US consumer spending softens in December even as inflation eases

The data was included in the advance fourth quarter gross domestic product report, which showed consumer spending maintaining a solid pace of growth

Indian refiners' crude oil processing in December rises 4% y/y: Govt data

India's Bharat Petroleum Corp plans to shut its multiple refineries for maintenance in the coming months

World stocks, dollar edge higher as economic data keeps US Fed on track

The euro slid 0.29% to $1.0857, just off from a nine-month high of $1.09295 it touched on Monday

Maharashtra sugar mills likely to shut early as rain hits cane supply

Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1

Govt may peg gross market borrowing below Rs 16 trillion in 2023/24: Report

The poll also suggested that the government would bring the budget deficit down to 6.0% of GDP in 2023/24. It aims to reach a target of 4.5% by 2025/26

Oil prices firm for a second session on upbeat US economic data

Oil prices rose for a second session on Friday, buoyed by stronger than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand

Gold prices subdued as US economic data backs Fed's interest rate stance

Investors are keeping a close eye on the central bank's two-day policy meeting next week, with a 25-basis-point rate increase widely expected

Glenmark Life Sciences profit rises 1% in Dec quarter on API strength

The Mumbai-based drug maker's profit rose to 1.05 billion rupees ($12.86 million) in the three months ended Dec. 31, from 1.04 billion rupees a year ago

India plans to classify clean activities, tech under new policy: Report

India projects $10 trillion to $15 trillion in investment is needed to achieve net-zero carbon emissions by 2070

Sunflower oil imports rise to record as Russia-Ukraine fight for mkt share

Record imports by India, the world's biggest vegetable oil importer, come as sunoil's discount to rival soyoil widened to the highest level in nine months

Akio Toyoda set to remain a force at Toyota, even as he bows out as CEO

Market reaction to Toyoda's announcement was muted - the automaker's stock price was little changed on Friday

Adani Enterprises kicks off $2.45 bn share sale amid short-seller attack

Adani Group firms lost $11 billion in market capitalisation on Wednesday after New York-based Hindenburg Research flagged concerns in a report about debt levels and the use of tax havens

India's electric vehicle dawn fans expectations fuel demand may peak early

The faster-than-anticipated industry growth means India's gasoline consumption will peak sooner than previously thought, some analysts and industry participants say

Tata's Air India to seal half of jumbo plane order of 495 jets: Report

The order, once finalised, aims to put Air India in the league of large global airlines

Lexus chief executive to take over Toyota as founder's grandson quits

The succession announcement was broadcast on a webcast through the automaker's Toyota Times channel

US FDA joins global regulators probing tainted overseas cough syrup

The agency seeks more information about the specific raw materials used and whether they were obtained from any of the same suppliers