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Sony scrapped $10 bn merger as Zee failed to meet financial terms: Report

India's Zee denied the allegations in a letter to Sony, also reviewed by Reuters, and accused the Japanese company of "bad faith" in calling off the merger

Brazil's govt's deficit soars in 2023 to second-largest ever: Report

The shortfall follows a December primary deficit of 116.1 billion reais, impacted by 92.4 billion reais disbursements to settle court-ordered payments

Goldman Sachs senior exec Jim Esposito to retire after 3 decades at bank

In his work across fixed income, equities and investment banking, "Jim has also helped our businesses navigate extraordinary change in our industry

R R Kabel Q3 results: Net profit marginally falls to Rs 70.96 crore

The company's consolidated profit fell 0.7% to 709.6 million Indian rupees ($8.5 million) in the quarter, according to an exchange filing

Mahindra Logistics Q3 results: Loss at Rs 17.41 crore, expenses jump 6%

During the quarter, a 6% jump in total expenses to 14.13 billion rupees outweighed a 5% rise in revenue to 13.97 billion rupees

Godfrey Phillips Q3 results: Profit rises 6% to Rs 212 cr, revenue up 34%

The company reported a consolidated net profit of 2.12 billion rupees (~$26 mln) for the quarter ended Dec. 31, up 6.6% from last year

UBS, Credit Suisse lost ground in combined Swiss fund business over 2023

The market share of the combined bank, which became a single entity last year after UBS stepped in to rescue Credit Suisse, fell to 37.6% in 2023, down from 39.3% the previous year

Boeing one incident away from airplane 737 production halt, says lessor

Investigators are probing whether bolts were missing or wrongly fitted when the airplane was delivered just eight weeks before the Jan. 5 blowout that led to a partial grounding

ITC Q3 results: Net profit rises 10.8% to Rs 5,572 crore, beats estimates

The company's profit rose 10.8% to Rs 5,572 crore ($670.3 million) in the third quarter ended Dec. 31

Steady benchmark bond yields eye Budget, US Fed cues for direction

India's benchmark 10-year yield ended at 7.1735%, on Monday, following its previous close at 7.1760%

Restaurant Brands Asia Q3 results: Net loss narrows to Rs 36.18 crore

The company, which runs quick service chains owned by Restaurant Brands International, said prices of ingredients including chicken, cheese, tomatoes and onions rose 12.6%

Marico Q3 results: Profit rises 17% to Rs 383 crore, beats estimate

The consumer goods manufacturer reported a net profit of Rs 383 crore ($46.1 million), up nearly 17% from last year, and surpassing analysts' estimate of Rs 374 crore as per LSEG data

Brokers, traders differ on proposal to extend derivatives trading: Sebi

Brokers will firm up their opinion on the matter in a couple of months, after which investors will be consulted, Madhabi Puri Buch said at a brokers' forum in Mumbai

Heritage Foods Q3 results: Profit surges 96% on strong dairy demand

Earlier this month, analysts at HDFC Securities said the demand for organised dairy products in India is going up due to rising income and a preference for healthier options

Bajaj Finance Q3 results: Net profit jumps 22.4% to Rs 3,639 crore

Consolidated numbers include the businesses of the lender's subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities

Piramal Enterprises Q3 results: Consolidated net loss stood at Rs 2,378 cr

During the quarter, the group made a regulatory provision of Rs 3,540 crore with regard to its investments in AIFs as per the Reserve Bank of India's (RBI) mandate

ECB's next move is 'a cut' but policymakers spar on timing: Report

The ECB kept its key rate unchanged at a record high 4% last Thursday but sounded confident that inflation was coming under control

Crude oil edges lower on China worries as tensions fester in West Asia

Brent crude futures dipped 23 cents to $83.32 a barrel by 0937 GMT while U.S. West Texas Intermediate crude futures edged down by 27 cents to $77.74

Rupee ends little changed as focus turns to Budget, US Fed decision

The rupee closed at 83.1325 against the U.S. dollar, barely changed from its close at 83.1150 in the previous session

Shriram Finance sees assets under management growth slowing to 15% in FY25

"For this year, we may end up at an AUM growth of around 20% because the first three quarters have been good," Umesh Revankar said