Nearly 16% of tankers that carry refined products and 13% of those that transport crude oil could be charged hefty fees under Beijing’s latest plan, the Wall Street bank wrote in a note
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The Reserve Bank of India has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks to defend the rupee
The authorities’ move strengthened hope that companies such Kingsoft will increasingly benefit from a push for the country’s self-reliance in technology
Warner Bros. rejected Paramount’s offer of around $20 per share in recent weeks, the people said, asking not to be identified because the matter is private
The two listings underscore India’s growing status as a global fundraising hub, powered by deep domestic liquidity and an expanding retail investor base
TCS Q2 profit miss fails to shake markets as traders bet on a calm earnings season; Nifty options signal lowest implied volatility since 2016
Elon Musk settles $128 million lawsuit with former Twitter executives over denied severance payments, terms undisclosed.
Instagram is considering a TV app to expand video reach, competing with YouTube for viewership. CEO Adam Mosseri confirms plans.
India is likely to be the world’s most active ECM market along with Hong Kong over the next year,” said Harish Raman, Citi’s head of equity capital markets execution and solutions for Asia Pacific
The subscription levels stood at 2.7 times for qualified institutional investors, 2.5 times for retail investors and 5.3 times for employees