Page 750 - Reuters

Market regulator Sebi increases scrutiny of Adani group deals: Sources

The regulator had sought clarity from the group on these entities when the group approached it for regulatory clearance last year. These responses are under regulatory examination, sources said

Oil prices firm for a second session on upbeat US economic data

Oil prices rose for a second session on Friday, buoyed by stronger than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand

Gold prices subdued as US economic data backs Fed's interest rate stance

Investors are keeping a close eye on the central bank's two-day policy meeting next week, with a 25-basis-point rate increase widely expected

Glenmark Life Sciences profit rises 1% in Dec quarter on API strength

The Mumbai-based drug maker's profit rose to 1.05 billion rupees ($12.86 million) in the three months ended Dec. 31, from 1.04 billion rupees a year ago

India plans to classify clean activities, tech under new policy: Report

India projects $10 trillion to $15 trillion in investment is needed to achieve net-zero carbon emissions by 2070

Sunflower oil imports rise to record as Russia-Ukraine fight for mkt share

Record imports by India, the world's biggest vegetable oil importer, come as sunoil's discount to rival soyoil widened to the highest level in nine months

Akio Toyoda set to remain a force at Toyota, even as he bows out as CEO

Market reaction to Toyoda's announcement was muted - the automaker's stock price was little changed on Friday

Adani Enterprises kicks off $2.45 bn share sale amid short-seller attack

Adani Group firms lost $11 billion in market capitalisation on Wednesday after New York-based Hindenburg Research flagged concerns in a report about debt levels and the use of tax havens

India's electric vehicle dawn fans expectations fuel demand may peak early

The faster-than-anticipated industry growth means India's gasoline consumption will peak sooner than previously thought, some analysts and industry participants say

Tata's Air India to seal half of jumbo plane order of 495 jets: Report

The order, once finalised, aims to put Air India in the league of large global airlines

Lexus chief executive to take over Toyota as founder's grandson quits

The succession announcement was broadcast on a webcast through the automaker's Toyota Times channel

US FDA joins global regulators probing tainted overseas cough syrup

The agency seeks more information about the specific raw materials used and whether they were obtained from any of the same suppliers

Nokia says is gaining market share, benefitting from 5G roll-out in India

CEO Pekka Lundmark said Nokia saw another year of growth ahead in 2023, in sharp contrast with its main rival Ericsson

Renault, Nissan aim to announce deal on reshaped alliance on Feb 6: Report

The boards of the two firms would still need to individually approve a potential deal after Thursday's meeting

India sells first green bonds at 5-6 basis points below sovereign yields

The proceeds would be used for 'green' projects such as solar power, wind and small hydro projects and other public sector projects that help reduce the economy's carbon footprint

US dollar skulks at eight-month low, central bank's meeting in focus

Downbeat earnings and guidance from U.S. companies and a string of tech sector layoffs have deepened fears of an economic downturn in the United States

Dollar near eight-month low ahead of central bank meetings next week

The Fed's policy-setting committee will begin a two-day meeting next week, and markets have priced in a 25-basis-point interest rate hike

Oil edges up in early trade as US crude inventories rise less than expected

Brent crude futures had risen 12 cents to $86.24 per barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 30 cents to $80.45

Germany agrees to send advanced battle tanks to Ukraine, US to follow

The decision is seen as a potential game changer for Ukraine

Power ministry proposes tax-paid green bonds issuance, says report

The bonds are lucrative to investors, while marginally reducing the cost of funds as there is a difference in issuers' tax rate and investors' tax bracket, the official said