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The Court of Appeal in London largely rejected an appeal over restrictions on reporting the dispute, which was contested in a specialist court in a case which centred on the health of 86-year-old patriarch Srichand Hinduja.

Moody's pares India growth for 2022 to 7%

Updated at : 2022-11-12 09:25:01

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The weakening of the rupee and high oil prices continue to exert upward pressures on inflation, it said, forecasting another half percentage point interest rate increase by the Reserve Bank of India to anchor inflation expectations and support the exchange rate.

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Phase I development is targeted within two years, by 2025, leading to commercial operations. Total cost of the project under public-private partnership (PPP) mode is estimated at ₹1,424 crore, the ministry said. The 184.27-acre park, awarded by a bidding process, is estimated to cater to 7.17 million metric tonnes of cargo over the 45-year concession period.

IHH Healthcare ready to make open offer for Fortis

Updated at : 2022-11-12 09:25:01

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It said that following the recent judgment of the Supreme Court, the special leave petition, the original contempt petition and the suo-moto contempt petition are disposed of.

A year ago it was Rs 1,433 crore

Tiger Global Eight sells 0.73% stake in PB Fintech

Updated at : 2022-11-11 23:20:01

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PB Fintech is the new age stock that listed on stock exchanges on November 15 at a premium of over 17% against its issue price of Rs 980

Morgan Stanley Asia bought 82,13,050 shares or 1.7% stake in the company at an average traded price of Rs 186.4

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The buyback price is at a 38% premium in comparison to the Thursday’s closing price of Rs 1,374 per share

US stocks open higher on Fed optimism

Updated at : 2022-11-11 22:20:02

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The Dow Jones Industrial Average rose 82.38 points, or 0.24%, at the open to 33,797.75.

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The storage battery maker on Friday reported a modest 5% rise in net profit for the September quarter at Rs 246 crore against Rs 234 crore seen in the year-ago period.Profit before tax rose 4.8% to Rs 330 crore (Rs 315 crore earlier) on a revenue of Rs 3719 crore.

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