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Sony, Zee offer concessions to ease CCI's concerns over merger: Report

Firms propose pricing concessions to CCI, Sony-Zee not proposing structural changes for now, say sources

Google considers making some Pixel phones in India, says report

The company's Chief Executive Officer Sundar Pichai previewed a plan to manufacture in India earlier this year but a final decision has not yet been made, the report added.

Vedanta picks Gujarat for $20-bn semiconductor foray with Foxconn: Report

Vedanta obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from Gujarat to build the semiconductor plants, says a source

Gold, silver prices jump as dollar dips ahead of US inflation data

Gold's moves seemed to be overshadowed by silver, which usually follows gold but can be additionally influenced by economic cues given its industrial uses

Twitter says Musk's latest attempt to scrap deal 'invalid and wrongful'

Shares of the social media company were down nearly 2% at $41.37, trading much lower than Musk's offer price of $54.20

Magna invests $77 mn in EV startup Yulu to enter micromobility market

Magna will own a stake and hold a seat on the board of the Bangalore based company, it said. The two companies have established a new battery swapping entity.

Wall Street hits more than two-week high on energy, tech gains

All eyes on August CPI report on Tuesday; Bristol Myers rises on FDA approval for psoriasis drug; Twitter says Musk's latest attempt to renege deal invalid

JPMorgan to boost payments business with US firm Renovite purchase

Renovite's founder and chief executive Viren Rana called JPMorgan's payments division a "natural home" for the company's people and technology

Kremlin says 'special military operation' will meet its goals in Ukraine

Russia shrugs off retreat in northeast Ukraine as Putin focuses on economy

Drop in India's forex reserves worrisome as inflows slow down: Economists

India's forex reserves declined to $553.1 bn in the week ended Sept. 2, their lowest since Oct. 2020 and down by $8 bn from the previous week, RBI data showed on Friday

Euro jumps to 3-week peak on hawkish ECB signals, weakening dollar

In addition, ECB policymakers see growing risks they will have to raise their key interest rate to 2% or more to curb record inflation in the euro zone

Gold price ticks up as dollar slips, US inflation data in investors' focus

While gold is traditionally considered an inflation hedge, rate hikes translate into a higher opportunity cost for holding bullion, which pays no interest

King Charles addresses parliament, heads to Scotland for queen's vigil

New king visits parliament for message of condolence; Charles then flies to Edinburgh, to keep vigil; Queen Elizabeth's coffin to move from palace to cathedral; Prince Harry pays personal tribute

Whistleblower payment doesn't breach deal terms as claimed by Musk: Twitter

In a letter to Twitter on Friday, lawyers for Musk said Twitter's failure to seek his consent before paying $7.75 million to whistleblower Peiter Zatko and his lawyers violated the merger agreement

HDFC CEO sees pickup in home loan demand in India despite rate hikes

'The economy is buoyant, the feel good factor is high, affordability is better so people are comfortable buying houses even if rates are slightly higher,' says Keki Mistry

Ethereum blockchain to undergo major software upgrade to cut energy use

'Merge' software upgrade to take place in coming days; Google estimates Merge will happen on Thursday

India's rice export curbs paralyse trade in Asia as prices rise: Industry

"India accounts for more than 40% of global shipments. So, nobody is sure how much prices will rise in the coming months," said Himanshu Agarwal, executive director at Satyam Balajee

European shares, euro jump on Ukrainian advances in Kharkiv province

The news of Ukrainian advances also helped lift the euro, which extended last week's post European Central Bank (ECB) gains to rise to its highest against the dollar in almost four weeks

Singapore hoping special work visa will draw global 'rainmakers'

The regional financial hub announced new rules two weeks ago to draw expatriates earning at least $21,452 a month, offering them 5-year visas that would automatically allow their spouses to work also

Amazon India to halve the fee for new sellers in festival season

Amazon Indian said it will halve the fee for new sellers on its platform as the e-commerce giant gears up for the festive season in one of its key markets.