Page 24 - Reuters/14

Sebi aims to boost institutional participation in commodity markets

The regulator had said in August it was also considering extending equity derivatives contract tenures and limiting who can trade

Fintech Upgrade raises $165 million, targets IPO in 12 to 18 months

The round valued Upgrade at $7.3 billion pre-money, according to a source familiar with the matter, a 21.7% premium to its previous valuation

Cyient Q2 results: Net profit tumbles 40% to ₹1280 cr; revenue down 1%

Cyient had changed the way it reports its segment-wise revenue from the last quarter onwards, after it carved out its semiconductor business into a separate subsidiary unit

LTIMindtree Q2 net profit rises 12%, revenue up 10% on BFSI strength

LTIMindtree's deal wins for the quarter totaled $1.59 billion, compared with $1.63 billion in the previous quarter and $1.3 billion a year earlier

Refiners likely to buy more US LPG in 2026, cut Middle East imports

The state refiners have already informed their traditional suppliers of LPG in Saudi Arabia, United Arab Emirates, Kuwait and Qatar about the likely cut in LPG purchases

MRPL seeks cheaper oil amid US pressure, hopes to keep buying Russian crude

Russian oil accounted for about 35 per cent to 40 per cent of MRPL's overall oil imports in the September quarter

Refiners likely to cut Russian oil imports following Trump's claim

US President Donald Trump on Wednesday said Prime Minister Narendra Modi had assured that India will stop buying oil from Russia

Gold extends record run past $4,200 on rate-cut hopes, safe-haven fervor

Gold is considered a traditional hedge against uncertainty and inflation, and also thrives in low-rate environments as it is a non-yielding asset

Stellantis $13 bn US investment plan gains support from investors

The plan, announced late on Tuesday, would help buffer the group from US tariffs, an impact the French-Italian-American group had estimated in July at about $1.7 billion this year

BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

The acquisition is the latest in a series of big-ticket deals involving Big Tech and Silicon Valley startups that has been fueled by the boom in AI

Apple CEO Tim Cook pledges to boost China investment despite Trump tensions

Many US companies have become cautious about relations with China as the world's two biggest economies clash over tariffs

Aid trucks enter Gaza as dispute over hostage bodies is temporarily paused

Hamas returned four bodies confirmed as dead hostages on Monday and another four bodies late on Tuesday, though Israeli authorities said one of those bodies was not that of a hostage

Meta to invest $1.5 billion in Texas AI data centre, creating 100 jobs

Meta has invested over $10 billion in Texas and employs more than 2,500 people across the state, the company said. These figures include the latest investment

Tesla urges Delaware Supreme Court to restore Musk's $56 billion payday

One of the biggest corporate legal battles entered its final stage after a lower court judge rescinded the Tesla CEO's record compensation in January 2024

US tech startup Anthropic unveils cheaper model to widen AI's appeal

Anthropic's annual revenue run rate - a calculation of annual revenue extrapolated from the current sales pace- is almost $7 billion, the spokesperson said

US government shutdown costing economy $15 billion a day, says Bessent

The only thing slowing us down here is this government shutdown, Treasury Secretary Scott Bessent said

HDFC Life Q2 profit rises 3.3% to ₹4470 cr, net premium income up 13%

The insurer's net profit rose 3.3% year-on-year to 4.47 billion rupees for the quarter ended September 30

Apple lobbies Centre to change tax law on high-end iPhone machinery

In China, Apple procures the machines used to make iPhones and gives them to its contract manufacturers, and is not subject to tax even though it still owns them

RBI's liquidity boost falters amid FX market intervention, say analysts

In June, the central bank announced a phased 100-basis-points CRR cut from September to November to release about ₹2.5 trillion ($28.3 billion)

India's palm oil imports hit four-month low as soyoil gains preference

India's palm oil imports in September dropped 16.3 per cent to 829,017 metric tonnes, marking their lowest point since May, the industry trade body SEA of India said