Page 519 - Reuters/14

HUL Q3 results: Profit up marginally at Rs 2,519 cr amid low rural demand

The company's quarterly sales of products slipped marginally to 14,928 crore rupees, with underlying sales growth in its home care business

Tata Steel to close UK blast furnaces; up to 2,800 jobs may be affected

Tata said it would offer a 130 million pound support package to help affected employees retrain and find new jobs

Regret Argentina's move not to join Brics, hope it reconsiders: Kremlin

Argentina's incoming Foreign Minister Diana Mondino said in November that his country would not join the Brics grouping of developing nations despite being invited to do so

Paytm's Q3 revenue rises 38% on strong payments business, loan growth

Operating profit, which the company defines as core profit before cost of employee stock-options, was at Rs 219 crore for the quarter ended Dec 31

SLB kicks off oilfield services earnings with fourth-quarter profit beat

The company, formerly called Schlumberger, reported net income, excluding charges and credits, of 86 cents per share, for the three months ended Dec 31

Reliance Jio Q3 results: Net profit rises 12.3% to Rs 5,208 crore

Revenue from operations climbed 10.3%, snapping five straight quarters of slowing growth

Biden administration taking heat from all sides over Louisiana LNG project

Bill McKibben, an environmentalist who led a successful fight against the now-cancelled Keystone XL oil pipeline, said any approval of CP2 by the Biden administration 'would be a huge miscalculation.'

Dairy firm Hatsun Agro's Q3 profit rises 24%, slowest in three quarters

The Chennai-based company's profit after tax rose 23.6% to 574 million rupees ($6.91 million) in the three months ended December 31, its slowest since the 2023 March quarter

UltraTech Cement's Q3 profit rises 68% on the back of price hikes, demand

Revenue from operations climbed about 8% to Rs 16,740 crore for three months ended Dec. 31, beating analysts' average estimate of Rs 16,619 crore, as per LSEG data.

Govt could ease China investment curbs if border stays calm: Report

In 2020, India tightened scrutiny on investments from companies based in countries it borders, adding a layer of vetting and security clearances

Meta ramps up AI efforts by building chip arsenal, consolidating teams

Mark Zuckerberg in a post on Instagram said that the company was currently training a third version of the Llama model

What does disruption to shipping in Red Sea mean for Europe's economy?

For the European economy, already skirting a mild recession as it tries to shake off high inflation, prolonged disruption would be a new risk to its outlook

Tata Consumer Products to raise $782 mn through issue of commercial papers

Tata Consumer Products said on Friday it will raise up to 65 billion rupees (about $782 mn) through issue of commercial papers and rights issue of shares

Citigroup lays off more bosses as CEO Fraser addresses MDs: Report

The bank last week said it would cut 20,000 jobs over the next two years, after a fourth quarter marred by one-off charges that resulted in a $1.8 billion loss

India takes investment spotlight while risks weigh in China: Suntory CEO

Japanese drinks maker Suntory is prioritising expansion in India while taking a cautious stance on business in China

Indian lenders seek looser liquidity conditions going ahead: Report

Banks made these suggestions to industry body Fixed Income Money Market and Derivatives Association of India (FIMMDA) on Wednesday

Ukraine starts to rebuild towns, cities even as war with Russia continues

Badly damaged in fighting with Russian forces almost two years ago, Trostianets is one of six settlements being rebuilt with state funds in a pilot programme

Scaling up to meet domestic demand, no plans to export to China: NMDC

Reuters reported on Wednesday that the federal government had turned down a request from the company to export iron ore to China

Citigroup partners with LuminArx to launch private lending vehicle

Last year, Wells Fargo also launched a fund in partnership with a private equity firm

European Commission to back 90% emissions cut for 2040 climate target

The European Union is drafting its first 2040 climate target, to bridge the gap between its existing goals to cut net emissions 55% by 2030 and reach net zero emissions by 2050