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We are strengthening BP, with our strongest upstream plant reliability on record and our lowest production costs in 16 years, helping to generate strong returns and reducing debt for the eleventh quarter in a row," Chief Executive Bernard Looney said in a statement

Shares of Adani Group companies, including Adani Ports have been under pressure following a report by Hindenburg that alleged stock manipulation and fraud. The scathing attack on the group has questioned its debt levels and use of tax havens.

“If the supply of bonds continues to go up in the Western world, then the case for investing in Western world fixed income at the current levels does not make sense. Maybe at some point of time, if you tell me no US tenure is going to 5% and inflation will stabilise at around 3% to 4%, then I would certainly agree that more and more money can stay in western world.”

The timing of a potential launch comes with challenges. Spotify Technology SA unveiled plans in January to cut about 6% of its workforce, or around 600 employees, due to diminished advertising revenue and a shaky economic outlook. Walt Disney Co., meantime, announced targeted hiring freezes and job cuts in November.

The capital markets watchdog, the Securities and Exchange Board of India (Sebi), has also been facing criticism from some opposition leaders that it has not intervened in the matter

It said even under a hypothetical scenario, where the wider Adani Group enters distress, exposure for Indian banks should, in itself, be manageable without adverse consequences on the banks’ viability ratings.

The company had posted a profit of Rs 9,572 crore in the last-year period and Rs 1,514 crore in the previous September quarter

While market participants remain slightly divided between a pause and a 25 bps hike in the upcoming policy, there seems a clear consensus that the monetary policy will signal an end of the rate hiking cycle. However, we remain cautious on the possibility of dovish forward guidance just yet

Shera Energy achieved good growth in its topline and bottomline in the past 18 months. The company’s PAT increased from Rs 5.03 crore in FY21 to Rs 7 crore in FY22. In FY 2023, as of September 30, 2022, the company earned a net profit of Rs 4.28 crore on a turnover of Rs 339.54 crore

Kalyan Jewellers clocked a 13% increase in consolidated revenue at Rs 3,884 crore during the October-December 2022 period, which stood at Rs 3,435 crore in the year-ago period. Its Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) were recorded at Rs 327 crore compared to Rs 299 crore in the same quarter of the previous year