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NSE sets aside ₹1,300 crore to settle Sebi cases ahead of long-awaited IPO

NSE, the world's most active derivatives exchange, has been embroiled in litigation with the Securities and Exchange Board of India since 2019

Deutsche Telekom, Nvidia to launch $1.2 bn AI cloud for industrial clients

Nvidia CEO Jensen Huang said the artificial intelligence giant was also willing to invest more in the country

India asks RE agencies to secure buyers for stranded power projects

According to the document, the ministry has directed REIAs to sign agreements directly with the developer, bypassing the buyer-side agreement, or, alternatively, cancel the tenders as a last resort

Producers concerned about India's import curbs on met coke: JSW Steel CEO

In June, the government extended the curbs, introducing country-specific quotas and capping overseas purchases at 1.4 million tons between July 1 and December 31

India's clean-industry pipeline hampered by financing, other delays: Report

Some projects in India have already lined up buyers for clean energy and partial funding, but are still waiting for clear rules, permits and access to power transmission

Asian markets retreat from record highs as investors book profits

Overnight, a rally in US tech shares buoyed both the US S&P 500 and Nasdaq, though futures pointed to declines of 0.3 per cent and 0.5 per cent, respectively

IndusInd Bank targets market-level growth next fiscal, says new CEO

In the September quarter - the first under new chief executive Rajiv Anand - the bank reported a net loss as its loan and deposit portfolios shrank

China's Xi seeks to boost investment, deepen economic ties with Russia

Xi met Russian Prime Minister Mikhail Mishustin in Beijing at the Great Hall of the People, a day after Chinese Premier Li Qiang held a meeting with Mishustin in Hangzhou

S&P 500, Nasdaq gain after Amazon-OpenAI deal; Kenvue jumps after buyout

Loop Capital raised its price target for Nvidia stock by $100, which also helped gains

RBI likely to meet banks and dealers on Tuesday amid liquidity strain

The meeting, though without a formal agenda, is expected to focus on current market conditions, the traders said, declining to be named as they are not authorized to speak to the media

Microsoft plans $15 bn UAE investment, secures US Nvidia chip licence

Microsoft invested $1.5 billion last year to take a minority stake in Abu Dhabi AI company G42, giving the U.S. tech giant a board seat, which is filled by Smith.

Pine Labs IPO trimmed as investors decide to sell less at price band: CEO

The company, which provides payment solutions such as point-of-sale terminals, slashed the portion offered by existing investors by 44% and new shares by 20% in its updated prospectus filed on Friday

Gland Pharma Q2 results: Profit rises 12% on recovery at Europe's Cenexi

The consolidated net profit rose to 1.84 billion rupees (nearly $21 million) for the quarter ended September 30 from 1.64 billion rupees a year earlier

Microsoft signs nearly $9.7 billion contract with IREN for Nvidia chips

The move is the latest attempt by Microsoft to boost AI and data center infrastructure at a time when AI demand is outstripping cloud capacity at Big Tech companies

Rupee may appreciate 1-2% if US tariff outcome is favourable: Goldman Sachs

The upbeat view comes despite the currency on Monday dipping near its lifetime low of 88.80 to the US dollar

BPCL buys Upper Zakum crude to replace Russian supplies after US sanctions

The Indian refiner purchased 2 million barrels of Upper Zakum crude for loading in December

October power output sees sharpest drop since Covid as rains dampen demand

Growth in electricity use has tapered this year due to a broader economic slowdown and heavy rains, which have reduced cooling demand

Perplexity to show pictures from Getty Images in AI search results, more

Perplexity partners with Getty Images in a multi-year deal to integrate licensed visuals into its AI tools, ensuring proper attribution and copyright compliance

RBI's forward book expands after six months as it mounts rupee defence

The FX forward book reflects positions in both non-deliverable forwards (NDF) and the onshore forward markets, which had peaked in February

China's October factory growth slows as new orders weaken: PMI data

On the price side, the divergence of rising raw material prices and falling finished goods prices remains, keeping corporate profit margins under pressure