Page 18 - Reuters

Member of Tata Trusts seeks governance probe as rift deepens

Tata Trusts senior trustee Venu Srinivasan has sought an investigation into why the philanthropic arm is increasingly intervening in the commercial ‌affairs of Tata Sons.

US inflation rises less than expected in August, consumer spending surges

The Personal Consumption Expenditures Price Index rose 0.3% last month after a downwardly revised 0.1% gain in July

State Bank of India buys nearly 40% of Reliance's $1.35 billion debt sale

The state-run bank ‌is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering

Mangalore Refinery Petrochem cancels fuel export tenders after fire at site

MRPL ​notified buyers ​that it had withdrawn tenders to ​export diesel, jet fuel and reformate later this month, according to three company notices

Iran says it got US response on ceasefire proposal as Washington exits Iraq

Tehran views the pullout as a victory for its "axis of resistance" of allied armed groups, and a step towards its aim of driving US forces out of the region.

Haier, Godrej, Blue Star failed to detect fake e-waste recycling claims

The third-biggest generator of e-waste ​after China and the United States, India has been concerned that 78% of the waste from discarded ​electronic goods is processed by informal scrap dealers

Iran's foreign minister receives US feedback on 7-day trust-building plan

Araqchi is expected to ​discuss the US response in Tehran on Wednesday

Rupee steadies near 96/$ as outflows weigh, RBI intervention cushions

The rupee was at 95.97 per dollar at 11:30 ‌a.m. IST in Mumbai, little changed from its close at 95.98 in the previous session

Anthropic IPO prospectus lays bare deep dependence on Big Tech partners

The company routed 47% of its sales to customers last year through cloud partners Amazon and Alphabet's Google, according to a copy of its confidential IPO filing

Iran urges US voters to oust Trump's allies as American troops leave Iraq

The 26-page letter by the Guards, urges Americans to use their political power to remove current leaders from office and reject US support for Israel and military intervention abroad

Oil prices edge higher after Trump denies sanctions relief to Iran

Brent crude futures rose $1.14, or 1.11%, to $103.73 a barrel by 0131 GMT. US West Texas Intermediate ‌crude 34 cents, or 0.38%, to $89.72

Renewable energy firm Inox Clean Energy files for ₹10,000 crore IPO

The company will ​use about ₹6,000 crore of the proceeds to repay debt

Anthropic's IPO filings: Massive losses, rising costs and more

Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost more than $8 billion on an operating basis, excluding writedowns of various liabilities

China's AI agents can lie and scheme, just like their US rivals

"These results provide evidence that the ingredients necessary for an uncontrolled escape are present," said Colin Shea-Blymyer, a research fellow said

OpenAI takes on Meta with always-on Dots agent in enterprise AI push

The Dots agents aim to capitalize on growing demand for agents that can handle everyday work with little supervision.

China expects strongest super El Nino event on record this year

The central and eastern equatorial Pacific started to show El Nino ‌conditions in May, and ​sea surface ​temperature indices have risen rapidly, officials of the ​National Climate Centre said.

Russian envoy Dmitriev discussed peaceful resolution to end Ukraine war: US

Putin envoy arrived "to continue ​constructive discussions on a peaceful resolution to the Russia-Ukraine conflict ‌and possible US-Russia energy initiatives ‌after the war ends," the US official said

SP Group's Mercury Finance taps dollar debt to meet another unit's dues

The real estate conglomerate plans to use the ​proceeds to invest in rupee-denominated bonds to be issued later by a local group entity.

India's Sun Pharma plans $1 billion local debt sale for loan takeout

Bankers expect total domestic corporate debt issuances this year to hit a record as higher US yields make dollar funding costlier, ​pushing companies to explore funding within the domestic market

Tata leadership transition, IPO unlikely to impact ratings: S&P Global

Tata Trusts have proposed a restructuring that could help Tata Sons avoid a listing after the central bank rejected the company's request to ‌surrender its status as a large non-bank finance company