Page 371 - Reuters

CCI orders unusual recall of reports on Apple antitrust investigation

Among those now asked for the return of the reports are Match and Indian startup group ADIF, which represents financial giant Paytm

Manappuram Finance Q1 results: Net profit increases 12% to Rs 555 cr

The company's consolidated net profit attributable to owners rose about 12 per cent to Rs 555 crore ($66 million) for the three months ended June 30

Trai directs service providers to stop spam calls, blacklist callers

Such unregistered callers will be blacklisted for up to two years, the statement said, adding that telecom service providers would need to submit updates on action taken on scam callers

Starbucks names Chipotle's Brian Niccol as CEO amid activist pressure

Niccol replaces Laxman Narasimhan, who was tapped in 2022 from Lysol maker Reckitt to undertake a "reinvention" of the world's biggest coffee chain

Reliance, Disney to offer concessions to win antitrust nod for merger

Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny as it will create India's biggest entertainment player

L&T Semiconductor to sign contracts with 6 automobile companies by Sept

The company will sign three Indian automobile companies within two weeks and three European companies in the sector by the end of September

Interest rate derivatives to get boost as top insurer LIC enters market

Forward rate agreements (FRA) are contracts between banks and insurance firms that allow the latter to lock in rates for a future date, protecting them from volatility

SBI aims to sell its YES Bank stake worth $2.2 billion by March-end

YES Bank was restructured by the RBI in March 2020 with the help of a consortium of local banks after its financial health deteriorated

MSCI Aug rejig: India weight on equity index at record; $3 bn inflows eyed

HDFC Bank, India's top private lender and the heaviest stock in the benchmark NSE Nifty 50, will see an increase in its weightage, triggering potential inflows of $1.8 billion, Pagaria said

Japanese shares lift Asian stocks on steady yen ahead of US data barrage

Japan's Nikkei rose more than 2 per cent in early trading after Monday, a welcome relief after last week's volatility that began with a massive sell-off spurred by rising yen and fears of US recession

S&P, Moody's downgrade JetBlue amid $3 bn debt raise, shares sink

JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue

Ukraine seizes 28 villages in Russia's Kursk ahead of possible peace talks

Putin said Zelenskyy is trying to improve negotiating position; questions "what talks there can be with Ukraine"

NMDC Q1 results: Net profit up 20% at Rs 1,984 cr on higher prices

Profit for the country's largest state-owned iron ore miner swelled 20% from a year earlier to Rs 1,984 crore (about $236 million) for the three months ended June 30

JetBlue Airways to raise over $3 bn through debt offerings, shares fall

The New York-based airline intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue

Voda Idea Q1 results: Net loss narrows to Rs 6,432 cr on reduced expenses

Vodafone Idea's revenue slipped 1.4 per cent to Rs 10,508 crore, below analysts' expectation of Rs 10,592 crore

Kenya's aviation union workers to strike over airport deal with Adani

The Kenya Aviation Workers Union, which represents airport workers, said the proposed agreement announced last month with India's Adani Airport Holdings would lead to job losses

Direct tax collections jump 24% to Rs 8.13 trn in April-Aug: Govt

Net direct tax collections, after adjusting for refunds, was Rs 6.93 trillion during the period, about 22.5 per cent higher than last year

Opec cuts global oil demand growth forecast in 2024, citing China

The reduction still leaves Opec at the top end of industry estimates. Oil was steady after the report was released, trading above $80 a barrel

Retail inflation slows to 5-yr low of 3.5% in Jul as food prices ease: Govt

Retail inflation fell below the Reserve Bank of India's target of 4 per cent largely due to the high-base effect, suggesting the slower pace of price rises was temporary

Rupee slips to record closing low of 83.9725 as Asian currencies weaken

The rupee closed at 83.9725 against the US dollar, after closing at 83.9550 in the previous session. The currency hovered in a narrow range between 83.95 and 83.97 during the session