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    1. Business News
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    3. reuters

    Reuters

    Indian private credit funds, Kotak Alternate Assets Managers , Edelweiss Alternatives , Rattan India Power, Shapoorji Pallonji
    Indian private credit funds rush to fill gap left by banks

    Kotak Alternate Assets Managers (KAAM), Edelweiss Alternatives Asset Advisors, InCred Alternative Investments and Vivriti Asset Management are all looking to…

    By Reuters
    August 8, 2023 12:51 IST
    Worldcoin is a cryptocurrency project
    Cryptoverse: All eyes on ChatGPT-maker’s Worldcoin

    Worldcoin’s white paper says that 10 billion tokens will be released into the market

    By Reuters
    August 8, 2023 11:26 IST
    Rupee vs dollar, Rupee news, RBI news, Rupee RBI, Rupee and Dollar, Rupee to weaken on dollar rally
    Rupee to weaken on dollar rally, RBI likely to intervene

    The Reserve Bank of India has repeatedly intervened via public sector banks to prevent the currency from weakening past 82.80-83.00.

    By Reuters
    August 8, 2023 09:48 IST
    India China news, India bars makers of military drones from using Chinese parts, China drone, India drones, drones in India, drone makers India, manufacturers of military drones India, manufacturers of military drones, military drones India
    India bars makers of military drones from using Chinese parts

    The measure comes amid tensions between the nuclear-armed neighbours and as New Delhi pursues a military modernisation that envisages greater…

    By Reuters
    August 8, 2023 09:23 IST
    Paramount's streaming unit's operating loss narrowed to $424 million from $445 million a year ago
    KKR to acquire Simon & Schuster from Paramount for $1.62 billion

    Paramount has been trying to offload Simon & Schuster since a federal judge blocked its $2.2 billion sale to Penguin…

    By Reuters
    Updated: August 8, 2023 14:20 IST
    Moody's downgrades 10 US banks, US banks news, US news, Moody's news, Moody's, M&T Bank, Pinnacle Financial Partners, Prosperity Bank, BOK Financial Corp
    Moody’s downgrades 10 US banks, warns of possible cuts to others

    The downgraded banks include M&T Bank, Pinnacle Financial Partners, Prosperity Bank and BOK Financial Corp.

    By Reuters
    August 8, 2023 08:56 IST
    PB Fintech. Policybazaar, Paisabazaar, PB Fintech Q1 results, PB fintech losses
    PB Fintech posts smaller Q1 loss on loan, insurance demand

    Revenue from operations rose 31.8% to 6.66 billion rupees, with revenue from Policybazaar and Paisabazaar, its core online business, growing…

    By Reuters
    August 8, 2023 07:49 IST
    Elon Musk and Mark Zuckerberg’s cage fight "might actually happen"
    Elon Musk versus Mark Zuckerberg cage fight to be live-streamed on X formerly Twitter

    The social media and tech moguls have been egging each other into a mixed martial arts (MMA) cage match in…

    By Reuters
    August 7, 2023 16:27 IST
    Indian Rupee
    Rupee snaps 4-day losing streak, but upside seen limited

    There is little to no expectation of the rupee weakening above the 83 level this week, a forex trader with…

    By Reuters
    August 7, 2023 16:09 IST
    Saudi Aramco, oil output capacity, oil production, oil demand, OPEC+, oil consumption, natural gas, renewables
    Saudi oil giant Aramco’s Q2 profit down 38% to $30 billion

    The group declared a base dividend of just over $19.51 billion for the second quarter, roughly in line with its…

    By Reuters
    August 7, 2023 13:43 IST
    Elon Musk to pay legal bill of people treated unfairly for posting on X
    Elon Musk to pay legal bill of people treated unfairly for posting on X

    Late last month, Musk said that monthly users of X reached a “new high” and shared a graph that showed…

    By Reuters
    August 7, 2023 11:19 IST
    Paytm CEO Antfin Holding, Oaytm CEo vijay shekhar sharma Antfin Holding, Antfin Holding, Paytm CEO news, Vijay Shekhar Sharma news, Paytm news
    Paytm CEO Vijay Shekhar Sharma to buy stake worth $628 million in company from Antfin Holding

    Antfin will cease to be the largest shareholder in the company following the transfer. Sharma’s stake in the digital payments…

    By Reuters
    Updated: August 7, 2023 09:49 IST
    china flood, china flood death toll, Hebei province, china rainfall, Xi Jinping, latest news on china flooding, world news
    Fourteen dead in floods in northeastern China

    Water levels in the city have receded to safe levels and emergency response efforts have been mobilised to relocate residents…

    By Reuters
    August 7, 2023 09:32 IST
    Apple sale quarter two
    Apple says sluggish demand for iPhones to continue in Q3 2023 despite Q2 sales exceeding analyst estimate

    Apple shares dropped about 2 percent after the company predicted what could be the fourth quarter in a row of…

    By Reuters
    August 4, 2023 13:20 IST
    Jack Dorsey, chairman, Block, said the company remains focused on expanding its international presence
    Dorsey-led Block raises 2023 earnings outlook after Q2 beats estimates

    The fintech said gross profit in the quarter rose 27% to come in at $1.87 billion

    By Reuters
    August 4, 2023 11:45 IST
    The company and Binance were sued by US Securities and Exchange Commission in June
    Coinbase revenue beat estimates, executives expect to win battle with SEC

    Allegedly, Coinbase traded at least 13 crypto assets that are securities without registering them

    By Reuters
    August 4, 2023 10:53 IST
    asain shares market
    Asian shares rise as investor focus turns to US payrolls

    MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.46% higher after dropping 2.3% on Thursday. Japan’s Nikkei was choppy…

    By Reuters
    Updated: August 4, 2023 10:58 IST
    crude oil prices
    Crude oil prices set for sixth weekly gain as producers pledge output cuts

    Brent crude futures for October rose 10 cents, or 0.1%, to $85.24 a barrel by 0330 GMT, while U.S. West…

    By Reuters
    Updated: August 4, 2023 10:40 IST
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    Latest News

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