Page 732 - Reuters

Sebi proposes change in governance norms to give more power to shareholders

Such rights are against the fundamental principles of corporate governance and shareholder democracy, according to the regulator

Sticky inflation to nudge RBI to hike interest rates once more: Poll

The survey also showed inflation was likely to remain sticky at 6.00% this quarter, higher than the RBI's forecast of 5.70%

Bangladesh pvt power producers seek $1bn foreign currency to import fuel

Analysts expect power cuts in Bangladesh to worsen this year, as a rapid decline in the value of its currency and foreign exchange reserves have limited its ability to import power generation fuels

Adani Transmission to announce debt refinancing plans in few weeks: Report

The company has no plans to raise additional debt for capital expenditure, which it plans to cover with operating cash inflows, the executives said, according to the source

Spicejet to consider capital raise amid losses, market share battle

Spicejet's market share slipped to 7.3% in January from 7.7% in December

Adani Transmission to announce debt refinancing plans in a few weeks

Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, according to a source with direct knowledge of the matter

Indian jeweller Joyalukkas drops public listing plan, withdraws $278 mn IPO

Joyalukkas, which focuses mainly on Southern India, is the latest to delay or pull its IPO plans amid market volatility and stubbornly high inflation

Oil prices falls more than 1% as growth fears offset China demand hopes

The cut, announced this month, will apply only to March output for now, Deputy Prime Minister Alexander Novak said on Tuesday

European shares struggle, bond yields jump after bright economic data

Euro zone business activity gathered steam, expanding much faster than thought, according to a survey, buoyed by a growth in services even as the manufacturing sector shrank

India's HPCL to start Barmer oil refinery and petchem complex in January

The Barmer refinery and petrochemical project will produce gasoline and gasoil for retail sales and will use naphtha, liquefied petroleum gas and kerosene as feedstock to make petrochemicals

India's HPCL faces challenges paying for Russian oil as banks baulk: Source

India's state-run Hindustan Petroleum Corp is facing difficulties in paying for Russian oil imports following a Dec. 5 price cap imposed by Western nations as banks shy away from processing payments

Adani Ports to prepay Rs 1,000 cr on commercial papers due in March

"This part prepayment is from the existing cash balance and funds generated from the business operations," the spokesperson said in an email response

Brent oil falls on fears of global economic slowdown, rate hike fears

Oil on Monday rose by more than 1% on optimism over Chinese demand, which analysts expect to rebound this year after COVID-19 curbs that had limited use were scrapped

Adani Ports to prepay Rs 1,000 cr in commercial papers maturing in March

Aditya Birla Sun Life Mutual Fund has also received the payment, A. Balasubramanian, managing director and chief executive, confirmed in an emailed response

Rupee's expected volatility against dollar hits 7-month low, at 4.50/4.80%

Indian rupee's expected volatility against the dollar over the next one month hit its lowest level in almost seven months on Tuesday

G20 finance chiefs to discuss debt, crypto, inflation, says Indian official

G20 finance ministers and central bank governors will discuss debt troubles in developing economies, crypto currencies and global inflationary pressures at a meeting later this week

Indian jeweller Joyalukkas withdraws Rs 2,300 cr initial public offering

About Rs 1400 crore ($169.16 million) from the IPO funds were to be used for repayment or pre-payment of debt, the company had said in its draft prospectus released in March last year

Foxconn chairman to visit Covid-hit iPhone plant in China: Report

Liu is scheduled to meet with senior government officials including Lou Yangsheng, the Communist Party chief of Henan province where Zhengzhou is located, the source said

RBI may set cutoff yield on 10-yr state bonds in 7.69%-7.71% band: Poll

Indian states will aim to raise an aggregate of 207.37 billion rupees ($2.51 billion) on Tuesday through the sale of bonds maturing between seven years and 30 years

India steel imports from Russia rise to eight-year high in April-Jan: Data

India's imports of Russian steel rose to an eight-year high during the first 10 months of the financial year that began in April 2022, government data compiled by Reuters showed