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Questions on banking exposure to the Adani Group have surfaced after a sharp fall in the companies’ shares earlier this month after US based Hindenburg Research accused the group of mis-governance. The group’s securities have since recouped some of their losses.

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The net income for the last three months of the year was in line with analyst estimates in a consensus by Refinitiv and compared with $6.8 billion a year earlier, and $9.9 billion in the third quarter of 2022

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The residential market continues to grow due to the increase in demand for larger homes due to incremental income and financial stability…With new project launches planned for the fourth quarter, we expect to end the year on a strong note as we continue to look out for future growth opportunities,” said Vikas Oberoi, CMD, Oberoi Realty

US stocks edge lower on rate hike worries

Updated at : 2023-02-08 22:20:03

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The Dow Jones Industrial Average fell 23.79 points, or 0.07%, at the open to 34,132.90

"The above mentioned entities shall enter into an agreement with a KUA and get themselves registered with UIDAI ( Unique Identification Authority of India) as sub-KUAs. The agreement in this regard shall be as prescribed by UIDAI... The KUAs shall facilitate the on-boarding of these entities as sub-KUAs to provide the services of Aadhaar authentication with respect to KYC," Sebi said in its circular on Wednesday

Escorts also incurred a one-time expense of Rs 72.76 crore due to a loss in the sale of investment in the joint venture Tadano Escorts, it said in an exchange filing.To offset the higher costs, the company increased prices of its tractors in Nov last year. The company, however, said the price hike was undertaken after the peak sales season

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Trent recently entered into a joint venture with MAS Group, Sri Lanka. Over time, Trent and MAS would pool their domain expertise to undertake design, development, and manufacturing of a range of intimate wear and other apparel products, it said

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Powell on Tuesday said interest rates might need to move higher than expected if the U.S. economy remained strong, but reiterated he felt a process of "disinflation" is underway

SBI Chairman Dinesh Khara said the continuing strength in US job data has made monetary policy making into a delicate balancing act for emerging economies and seemed to welcome the slew of announcements on the regulatory front beyond the rate hike

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Uber forecast adjusted EBITDA, a profitability metric that excludes some costs, between $660 million and $700 million for the first quarter, well above the average analyst estimate of $593.06 million, according to Refinitiv data

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