Page 4 - Reuters

BlackRock likely to invest in Shapoorji Pallonji unit dollar debt

The deal would be a private placement, and the launch timing could not be ascertained immediately. Deutsche Bank is the arranger

Centre plans to bolster key export scheme as Iran war sours trade outlook

West Asia conflict weakened trade in March, with India's merchandise exports falling 7.4 per cent year-on-year and 24 of 30 major export categories declining

Iveco posts quarterly loss, says Tata takeover expected to close in Q3

The negative results follow the sale of Iveco's ​defence unit to Italy's Leonardo, which was finalised in ‌March

Liquor maker Radico resumes shipments to West Asia as tensions ease

The maker of Rampur whisky and Jaisalmer gin derives 5 per cent to 6 per cent of sales volumes and 9 per cent to 10 per cent of revenue from exports, of which it does not provide a regional split

US Supreme Court rejects Apple's stay request in Epic Games lawsuit

Apple mostly defeated Epic's lawsuit, but was required in the judge's 2021 injunction to let developers include links in their apps directing users to non-Apple payment methods

Google offers changes to Search spam policy to avert EU antitrust fine

The EU watchdog has said that its monitoring showed that Google's spam policy demotes news media and other publishers' websites and content in Google search results when those websites include content

Fairfax India to raise stake in IIFL Capital to 51% via $211 mn investment

Fairfax India currently holds a 30.5 per cent stake in the company

Indian banks well placed to transition to ECL provisioning: Fitch

The ratings agency expects the banking ‌system's average common equity tier 1 (CET1) to decrease by 30 basis points in the financial year 2027-28

Oil prices rise as investors weigh prospects of peace deal in West Asia war

Both benchmarks slumped more than 7 per cent on Wednesday, hitting two-week lows on optimism over a possible end to the West Asia war

Asian stocks hit record high, dollar wobbles on US-Iran peace deal hopes

Japan's Nikkei returned from a long holiday to cross 62,000 for the first ​time, catching up on a blistering AI-led rally after robust earnings that has also catapulted South Korean and Taiwan stocks

Pronto raises $20 million in Series B round as valuation doubles from March

The company will use much of the fresh capital to scale its workforce, CEO Anjali Sardana said, adding the platform is very supply-constrained

Bajaj Auto quarterly profit beats view on strong domestic, overseas demand

Securities and Exchange Board of India clears key leadership appointments at National Stock Exchange to strengthen governance and oversight at market infrastructure institutions

HDFC Bank governance review finds no lapses after chairman exit: Sources

India's largest private lender by assets called ​in Mumbai-based Trilegal and Wadia Ghandy & Co after Atanu Chakraborty resigned as chairman in March citing "incongruence" between his personal values

India targets $25 billion trade with Vietnam by 2030, says PM Modi

Trade between India and Vietnam crossed $16 ‌billion in the ​Indian fiscal ​year that ended in March 2026

India's offshore tech hubs hit $98.4 bn revenue in FY26, says report

The growth comes as higher US visa costs, inflation linked to global conflicts, and AI-led disruption are prompting multinationals to shift more strategic and AI work to India's GCCs

Will only accept 'fair and comprehensive agreement' with US, says Iran

Iranian Foreign Minister did not directly address Trump's offer of a pause in the US operation to escort ships via Hormuz, offered earlier as an incentive to help reach an agreement between two sides

SP Group unit receives debt downgrade ahead of $3 billion refinancing

The ‌real estate and civil engineering firm's non-convertible debentures were downgraded to B+, from BB-, CareEdge said on Wednesday

Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO

Bezos's efforts to make staff incentives more competitive come on the back of an intensifying rivalry between Blue Origin and Elon Musk's SpaceX

China services activity grows at faster rate in April, shows private PMI

The RatingDog China General Services purchasing managers' index, compiled by S&P Global, rose to 52.6 in April from 52.1 in March, staying above the 50-mark that separates expansion from contraction

PNB hikes cyber spend as AI models like Anthropic Mythos raise risks

The country's ‌third largest state-run lender by market capitalisation has earmarked about 20 per cent of its technology budget for cybersecurity, or roughly ₹700 crore to ₹800 crore