Reliance’s Jio Financial hits limit-down on debut, valued at $19 bln
Bengaluru (Reuters) – Shares in India’s Jio Financial Services (JFS) (JIOF.NS), carved out of billionaire Mukesh Ambani’s Reliance Industries (RELI.NS), fell limit-down
Read More
Business
India’s Titan Co to pay $560 million to raise stake in CaratLane
Mumbai (Reuters) – India’s Tata Group-owned Titan Co (TITN.NS) will raise its stake in its subsidiary CaratLane Trading by 27.2% for 46.21
Read More
India’s Mahindra to inspect over 100,000 XUVs for potential wiring issue
Bengaluru (Reuters) – India’s Mahindra and Mahindra (MAHM.NS) said on Friday it would inspect 108,306 units of its XUV700 sports utility vehicle
Read More
Abu Dhabi’s TAQA may invest up to $2.5 bln in Adani’s power units – ET
Bengaluru (Reuters) – Abu Dhabi National Energy Company PJSC, known as TAQA, (TAQA.AD) is evaluating an investment of up to $2.5 billion
Read More
Footwear maker Indian shoemaker Bata in partnership talks with Adidas – CNBC-TV18
Bengaluru (Reuters) – Footwear manufacturer Indian shoemaker Bata (BATA.NS) is in talks with sportswear giant Adidas (ADSGn.DE) for a strategic partnership, CNBC-TV18 reported on
Read More
India’s SpiceJet posts highest profit in four years on lower costs
Bengaluru (Reuters) – Indian budget carrier SpiceJet on Monday reported its highest quarterly profit in four years, as a sharp
Read More
Most Gulf markets in red on oil, weak Chinese data; Saudi gains
Reuters Among other losers, logistics firm Aramex (ARMX.DU) tumbled 5.1% following a sharp decline in quarterly profit. Most stock markets in the
Read More
India raises concerns over oil market volatility with producer countries
New Delhi (Reuters) – India has flagged concerns over volatility in the global oil prices to major oil producers and
Read More
Oil rises as tighter supply offsets China demand concern
London (Reuters) – Oil edged higher on Wednesday as tighter supply arising from output cuts by Saudi Arabia and Russia
Read More
Dana Gas receives $80 mln from Iraq’s Kurdistan region
Dubai (Reuters) – United Arab Emirates energy firm Dana Gas (DANA.AD) said on Wednesday it had received $80 million from the Kurdistan
Read More