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SBI likely to issue perpetual bonds to wrap up FY borrowing: Report

Merchant bankers said the lender may have to pay a higher coupon as they are looking to raise a larger quantum this time

Japan Airlines estimates operating loss of about $105 mn from collision

The loss of the aircraft will be covered by insurance, the company said, adding it was assessing the impact on its earnings forecast for the financial year ending March 31

Palm oil rebounds on robust Indian demand and stronger crude prices

India's palm oil imports in December rose to their highest in four months as purchases of refined palmolein surged because of competitive prices

Wearing masks mandatory at some US hospitals as Covid-19, flu cases rise

More than 1.1 million Americans have died from Covid-19, CDC figures show, a greater rate than most other wealthy countries

As Japan's Wajima city digs out from quake, hopes fade for tourism recovery

Wajima, about 450 km (280 miles) northwest of Tokyo, has always been more of a draw for domestic visitors

Taiwan govt spots more Chinese balloons, says one flew over island

Taiwan is on high alert for Chinese activities, both military and political, ahead of Jan 13 presidential and parliamentary elections

China's top banks tighten exposure to smaller peers to curb credit risk

The two state-owned banks have decided to reduce interbank lending limits and set shorter maturity periods for smaller peers deemed high risk, said two of the sources

Google, Meta, Tiktok's debts removed from Russian state bailiffs' database

But the database, accessed by Reuters on Wednesday, still includes X (formerly Twitter) and Twitch, with fines totalling 51 million roubles ($560,730) and 23 million roubles ($252,879), respectively

Japan Coast Guard plane not cleared for takeoff before runway crash: Report

All 379 people aboard the Japan Airlines (JAL) Airbus A350 managed to evacuate after it erupted in flames following Tuesday's crash with a De Havilland Dash-8 Coast Guard turboprop

Oil an option to recoup $600 million from Venezuela dividend: ONGC Videsh

Indian refiners have resumed purchase of Venezuelan oil following the easing of US sanctions on the South American country last year

Vietnam's EV maker VinFast plans to set up battery plant in Tamil Nadu

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the sources said

Vedanta Resources' bondholders back company's debt restructuring plan

"The overwhelming consent to the revised terms will take immediate pressure (off) Vedanta to repay the debt obligation," Vedanta Resources said

Gujarat govt signs deals worth $86 billion ahead of investment summit

The home state of Prime Minister Narendra Modi has been signing these agreements ahead of its biennial Vibrant Gujarat Global Summit

ArcelorMittal denies deal to buy out Tauron from joint venture GDANSK

ArcelorMittal holds a 50% stake in Tameh Holding via two of its subsidiaries, with Tauron owning the rest

India exports 8,606 tonnes of raw cane sugar to US under TRQ scheme

Shipments under the TRQ enjoy relatively lesser customs duties. After the quota is reached, a higher tariff applies to additional imports

India to use SpaceX's Falcon-9 rocket to launch communications satellite

The high-capacity satellite aims to boost India's broadband communication, especially in remote and unconnected regions of the country, state-run NewSpace India Ltd, said

Adani Ports to raise up to $601 million funds by selling debentures

Billionaire Gautam Adani was re-designated as executive director from managing director and his son Karan Adani was re-designated as managing director from CEO, the company added

Russian oil imports drop on pricing, not due to payment woes: Hardeep Puri

"There is no payment problem ... It is a pure function of the price at which our refineries will buy," Puri told a press conference

Petronet to sign deal to extend Qatar LNG imports beyond 2028: Oil secy

Petronet has a 7.5-million metric ton per year (tpy) long-term LNG import deal with Qatar and its promoters Indian Oil Corp, Bharat Petroleum Corp and GAIL (India) Ltd has a 1 million tpy deal

Atos set to hold due diligence talks with Airbus on sale of BDS unit

An Airbus spokesperson confirmed in an e-mailed statement sent to Reuters that it has submitted a non-binding proposal for a potential acquisition of Atos' BDS business line