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Tata Consumer Products Q4 results: Net profit rises 23% to Rs 269 crore

The company, which owns the eponymous Tata Tea and Tata Salt brands, said its consolidated net profit rose 23% to Rs 269 crore ($32.85 million) in the quarter ended March 31.

Adani Ports bond buyback allays refinancing risk: S&P Global Ratings

The company, part of the beleaguered Adani Group, should be able to lower its debt well ahead of the maturity of its unsecured notes worth $650 million, due in July 2024, S&P added

Bajaj Auto Q4 results: Net profit drops 2.5% on sluggish exports

This helped total revenue from operations rise nearly 12% to Rs 8,905 crore

3M to cut 6,000 positions globally to focus on high-growth businesses

The move comes as consumers are cutting back on discretionary spending as a series of interest rate hikes over the past year to bring down stubbornly high inflation

Contaminated cough syrup made in India found in Western Pacific: WHO

The new alert follows three similar warnings issued last year by the WHO about contaminated cough syrups for children

Mahindra Holidays Q4 profit rises on higher occupancy, membership

Shares of the company jumped 5.3% after the results, and closed 3.4% higher

Hyundai Motor bolsters US presence with $5 billion EV battery venture

Rivals General Motors Co and Samsung SDI are also set to announce plans to build a joint venture EV battery manufacturing plant in the U.S., sources said

India rules out immediate impact of WTO panel ruling on IT tariffs

As per the available Dispute Settlement procedures, India is taking the necessary steps, and is also exploring options available in light of its WTO rights and obligations, the government said

RBI's wider NDF access may require foreign exposure proof, say bankers

An IFSC Banking Unit or "IBU" is a bank permitted by the Reserve Bank of India to operate from an International Financial Services Centre (IFSC)

Oil stable as investors ponder strong travel demand in China, rate hikes

Brent crude fell 3 cents to $82.70 a barrel at 0620 GMT, while US West Texas Intermediate crude also eased 3 cents to $78.73 a barrel

Hyundai Motor's reports 109% increase in Q1, beating expectations

Hyundai Motor Co reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased

India's 10-year bond yield ends at one-year low on policy pivot

Earlier this month, the Reserve Bank of India (RBI) surprised markets by holding the key lending rate steady at 6.5 per cent, going against expectations of a 25-basis point (bps) increase

I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe

The Irdai has, effective April 1, removed separate limits for commissions and has imposed an overall ceiling on operating expenses and commissions

NBCUniversal CEO Shell ousted over 'inappropriate conduct' with colleague

Shell's senior team will now report directly to Comcast President Mike Cavanagh, Comcast said

IndusInd Bank promoters get in-principal approval to raise stake: CEO

The promoters have filled out a form to increase the stake and the due diligence process takes about 90-180 days as per RBI norms, said CEO Sumant Kathpalia

Trillium Capital values Getty Images at $3.95 bn in all-cash buyout bid

Trillium, which holds over 500,000 shares of Getty Images, offered to buy the rest at $10 apiece, representing a premium of nearly 98% to the stock's last close

Coca-Cola beats revenue estimates on steady demand despite price hikes

Average selling prices rose 11% in the first quarter, the company said, while unit case volumes rose 3%

Indian gas firm GAIL to get 4 LNG cargoes from Germany's Sefe in May

However, the case could be without merit if the industry regulatorâ€"the Insurance Regulatory and Development Authority of India (IRDAI)â€"backdates a new rule around commissions

Financials power Indian shares after quarterly results Reliance, ICICI Bank

Private lender ICICI Bank posted a 30% surge in the March-quarter profit, helped by improved net interest income and loan growth

China urges banks to further cut deposit rates to channel savings pool

The guidance comes as banks and the economy groan under the weight of huge inflows of savings and deposits