Page 741 - Reuters

Microsoft to revamp its web browser and search engine with more AI

Working with the startup OpenAI, the company is aiming to rival Alphabet Inc's Google and potentially claim vast returns from tools that speed up all manner of content creation, automating tasks

Adani Total expects to receive 2.2 MT of LNG in FY24 at Dhamra terminal

India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country ramped up coal-fired power production at the expense of natural gas

Microsoft packs Bing engine, Edge browser with AI in challenge to Google

The maker of the Windows operating system is staking its future on AI through billions of dollars of investment

NABARD aims to raise Rs 3000-5000 cr in debut green bond issue: Report

Currently, NABARD is getting necessary certifications and approvals to comply with the market regulators' guidelines on green debt issuance, a company official said

Adani Total expects to get 2.2 mn tonnes at Dhamra LNG terminal in FY24

Adani Total Private Ltd expects to receive 2.2 mn tonnes of LNG at its terminal at Dhamra on India's eastern coast during the year ending March 2024, the company's chief executive said

Adani-owned NDTV's profit more than halves for Q3 on advertising drop

Indian broadcaster New Delhi Television Ltd, part of the embattled Adani Group, said on Tuesday that profit had more than halved in the third quarter on weak advertising demand

Sobha Ltd Q3 profit halves as land purchase costs surge, expenses up 51.7%

India's real estate developer Sobha Ltd on Tuesday reported that its third-quarter profit nearly halved, hit by higher land acquisition costs

ONGC to invest $3.5 billion to boost output from western offshore assets

ONGC, will invest $3.5 billion over the next three-four years to boost output from its western offshore assets, Pankaj Kumar, head of offshore assets, said on Tuesday

GSK's India unit Q3 profit up 9% as input costs slump, op revenue fell 1.7%

GlaxoSmithKline Pharmaceuticals Ltd, the Indian unit of UK's GSK plc, reported a 9.5% rise in profit, in line with analysts' estimates, as a sharp drop in input costs more than offset revenue decline

Cryptoverse: Are bitcoin, ether out of the woods? Consider the options

Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%

Emerging market currencies to gain on better economic outlook: Reuters poll

Emerging market currencies expected to drift higher in coming months due to improved global growth prospects, boosted in part by the reopening of China's economy, a Reuters poll found

Hero MotoCorp Q3 net profit rises 3.6%, beats estimates on price hikes

Hero MotoCorp has hiked vehicle prices four times so far in the current fiscal year

Eveready Industries report 77% drop in Q3 profit on higher costs

Eveready Industries reported a 77% fall in third-quarter profit on Tuesday, as the Indian battery manufacturer battled high costs of raw material as well as climbing advertising and promotion costs

Oil rises on China outlook, supply worries after Turkey earthquake

Brent crude futures were up $1.78, or 2.2%, to $82.77 per barrel at 1042 GMT, while West Texas Intermediate U.S. crude futures rose $1.74, or 2.4%, to $75.88 per barrel

Adani group stocks price surge after $113 billion market value wipeout

-Shares in India's Adani Group rallied on Tuesday a day after it prepaid some loans, bringing relief to investors that have seen $113.6 billion wiped off.

Indian shares end lower in volatile session ahead of RBI's rate decision

BENGALURU (Reuters) -Indian shares struggled for direction on Tuesday before closing lower, as markets see-sawed between optimism that the Reserve Bank of India will pause rate hikes.

Aditya Birla Fashion reports steep drop of 92% in profit for Dec quarter

BENGALURU (Reuters) - Indian apparel retailer Aditya Birla Fashion and Retail Ltd reported a steep 92% drop in third-quarter profit on Tuesday, hurt by soaring marketing expenses.

Chambal Fertilisers reports 26% slump in Q3 profits on weak demand

(Reuters) - India's Chambal Fertilisers and Chemicals Ltd reported a near 26% slump in quarterly profit on Tuesday after a weak demand due to erratic monsoon led to a pile-up of unsold stock.

Banks' exposure to Adani group 'insufficient' to pose credit risk: Fitch

MUMBAI (Reuters) -The exposure of banks to the embattled Adani Group is 'insufficient in itself' to present a substantial risk to credit profiles of these lenders, Fitch Ratings said in a note.

ONGC to explore investing in Argentina gas assets: Chairman Arun Kumar

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation