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United Spirits profit climbs on premium liquor demand in third quarter

A greater number of affluent Indians are choosing more expensive cars and consuming pricier food and liquor, unaffected by inflation

Netflix to stream WWE Raw starting 2025 in $5 billion bet on live events

Netflix will also exclusively telecast outside the U.S. all WWE shows and specials, including SmackDown, as well as pay-per-view live events such as WrestleMania and Royal Rumble

GE flags lower-than-expected profit in its first quarter, shares fall by 1%

The company's shares were down about 1% in morning trade

Lufthansa's ITA Airways deal may reduce competition, EU regulators warn

Lufthansa wants to acquire a 41% stake in ITA for 325 million euros ($353.2 million) as part of a capital increase

Havells India's Q3 profit rises marginally to Rs 288 cr on demand of wires

The company reported a profit of 2.88 billion rupees ($34.7 million) for the quarter ended Dec. 31, compared to 2.84 billion rupees last year

Bank of Japan meeting gives yen a jolt, euro dips amid global volatility

After that excitement, however, the yen last traded flat on the day at 148.0 per dollar, having been as weak as 148.6 and as strong as 146.9

Glenmark Life Sciences Q3 profit rises to Rs 119 cr, API biz up 6.4%

The Mumbai-based company, which detergent maker Nirma is in the process of taking over, said its profit rose to 1.19 billion rupees ($14.32 million) in the quarter ended Dec. 31

Pidilite's Q3 profit jumps to Rs 510 crore on strong demand, lower costs

Consolidated net profit rose to 5.10 billion rupees ($61 million) in the October-December period from 3.04 billion rupees a year earlier, the maker of Fevicol brand of adhesive said

JSW Energy Q3 profit rises 28% to Rs 231 cr on demand boost, low fuel costs

India's electricity generation rose 8.7% year-on-year in the December quarter, which analysts attributed to festive activities and strong industrial demand

Tata Elxsi Q3 net profit rises 6% to Rs 206 cr on transportation segment

The company's net profit rose to 2.06 billion rupees ($24.78 million) for the quarter ended Dec. 31 from 1.95 billion rupees a year ago

Benchmark 10-yr bond yields steady at 7.1% as traders await fresh cues

India's benchmark 10-year yield ended at 7.1751%, following its previous close at 7.1790%. India's bond markets were shut on Monday and will be closed on Friday

Electronics maker Dixon expects nearly 50% revenue growth in 2024

The company, which started making colour televisions in India in 1994, now has 23 manufacturing plants in the country and serves customers

Russian government proposes extending capital controls until end-2024

The measures, ordered by President Vladimir Putin in an October decree, have been effective, the government said on the Telegram messaging app. They are currently set to expire in April

Sunflower oil imports to falter as Red Sea attacks lift freight costs

The world's biggest sunflower oil buyer typically sources most of its imports from the Black Sea region via the Red Sea

Ericsson expects decline in 5G demand from telcos despite Q4 earnings beat

After a few years of high demand for 5G equipment, buying by telecom providers slowed last year, prompting firms such as Ericsson and Nokia to lay off thousands of employees to save costs

BOJ signals conviction on hitting inflation target in hawkish tilt

BOJ Governor Kazuo Ueda gave no hints on whether the bank would pull short-term interest rates out of negative territory at its upcoming meetings in March or April, as many economists expect

Corning signs $120 mn worth JV with Optiemus for manufacturing plant in TN

The new facility will make front cover glass for mobile phones and phone parts makers in India, the state government said, without specifying the particular brands to which the glass would be supplied

Granules Q3 results: Profit rises marginally by 1.6% to Rs 126 crore

The company's consolidated profit rose 1.6% to 1.26 billion rupees (nearly $15 million), according to an exchange filing

Interim Budget to reduce fiscal deficit, focus on capex, suggests poll

The government is aiming to narrow the fiscal deficit to 4.50 per cent of GDP by the end of the 2025-26 fiscal year (FY) from 5.90 per cent in the current year to end-March 2024

Consumer goods companies set for mixed sales as prices in US ease

The easing of prices came as U.S. consumer confidence increased during the quarter after months of decline, with Americans growing more optimistic about current and future business conditions