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global slowdown in growth, Marie Diron, managing director for global sovereign and sub-sovereign risk at Moody's Investors Services told CNBC. She also hinted on the possible impact of global economic slowdown on Asia through trade conditions as well as access to financing in the region. She also mentioned that the slowdown can be led by three factors, ie higher interest rates by central banks, China's slow growth, and financial system stresses.

Kirloskar Motor (TKM) on Friday reported its best-ever monthly sales at 22,910 units in August. The company's total dispatches to dealers increased by 53 per cent last month to 22,910 units as compared with 14,959 units in August 2022. The company said it sold 20,970 units in the domestic market last month. Exports stood at 1,940 units last month, it added. «Strong sales volume and enhanced demand showcase customers' ever-growing affinity for the brand. Toyota Urban Cruiser Hyryder and Innova Hycross continue to register a strong demand,» TKM Vice President of Sales, and Strategic Marketing Atul Sood said in a statement. The Innova Crysta, Fortuner and Legendar are witnessing sustained segment leadership, he added.

Mahindra & Mahindra Ltd on Friday announced that its overall auto sales rose by 19 per cent and stood at 70,350 vehicles for the month of August including exports. In the Utility Vehicles segment, Mahindra sold its highest-ever SUVs of 37,270 vehicles in the month, in the domestic market, and overall, 38,164 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 23,613 units. «We are excited to witness another record month, as we clocked our highest-ever SUV domestic sales of 37,270 in a month with a growth of 26%,» said Veejay Nakra, President, Automotive Division, M&M. Nakra said that while demand for the company's key SUV brands continued to be strong, they are keeping a close watch on the availability of semi-conductors and select parts, for sustained and smooth scaleup. The company's farm equipment sector said that the tractor sales in domestic market in August 2023 stood at 20,647 units, as against 20,138 units during August 2022. Meanwhile, the total tractor sales including exports stood at 21,676 units, as against 21,520 units for the same period last year.

BSE Ltd on Friday said its board approved to increase the offer price for its proposed share buyback and also fixed the record date for the same. BSE share buyback price has been increased to ₹1,080 per share from ₹816 earlier. BSE board also fixed the record date for the proposed share buyback at September 14, 2023.

ITD Cementation India share price rallied more than 14% to hit a fresh 52-week high on Friday after the company bagged an order worth ₹3,290 crore. ITD Cementation shares jumped as much as 14.66% to a high of ₹249.40 apiece on the BSE. ITD Cementation India secured a marine contract worth approximately ₹3,290 crore excluding GST, the company said in a regulatory filing on Thursday.

Adani Power shares opened lower and went on to make intraday low of ₹312.25 apiece on NSE, logging over one per cent dip against its Thursday price. Similarly, Adani Enterprises shares are also swinging in gain and loss while Adani Green Energy, Adani Ports, Adani Total Gas, Adani Transmission, Adani Wilmar, etc.

Zimmerman has a new owner; so too does Seafolly. Bondi Sands was snapped up by a Japanese conglomerate for $450 million, and Aesop was sold for a record eight times that sum. Now the deal-making frenzy is pushing deeper into Australia’s consumer goods sector with smaller brands hoping to cash in on their businesses.

finance, a significant player often operates discreetly yet profoundly impacts our economy — Non-Banking Financial Companies (NBFCs). Unlike traditional banks, NBFCs hold no banking license, yet their role is far from inconsequential. Regulated by the RBI, these financial entities are distinguished by several key characteristics that set them apart from their banking counterparts.A closer look at distinctive features of NBFCs The very essence of an NBFC lies in its limitations, which paradoxically grant it a unique edge.

Global funds purchased $1.6 billion of Indian shares on a net basis last month through Aug. 30, according to the latest exchange data compiled by Bloomberg.

Spring has sprung, and so has a new buyout fund.

One is the guy who ran due diligence on Andrew Forrest and Fortescue Metals that pulled off one of Australia’s best deals, while the other is recently departed Federal Reserve vice chair and member of an influential family that helped developed a large chunk of the modern-day United States.

Chandrayaan-3's instruments recorded a natural event that occured on the lunar surface, according to Indian Space Research Organisation (ISRO) The space agency said on Thursday that the event — recorded on the Instrument of Lunar Seismic Activity (ILSA) payload on the Vikram lander — is still under investigation. «The Instrument for Lunar Seismic Activity (ILSA) payload on the Chandrayaan 3 Lander is the first instance of a Micro Electro Mechanical Systems (MEMS) technology-based instrument on the moon. It has recorded the vibrations occurring due to the movements of Rover and other payloads,» ISRO said. Posting on the platform X, formerly Twitter, the agency said, «Additionally, it has recorded an event, appearing to be a natural one, on August 26, 2023.

Day trading guide for today: Following mixed global market sentiments, Indian stock market swing between gains and losses on Thursday session and finally ended in red territory. NSE Nifty snapped its three days winning streak and finished 93 points lower at 19,253 whereas BSE Sensex dipped 255 points and closed at 64,831 levels.

Adani stocks are indeed linked to the Indian conglomerate, reported Indian Express citing inputs from the records accessed under its Pandora Papers investigation. Adani news LIVE Updates In its report, Financial Times mentioned two offshore shell companies registered in British Virgin Islands (BVI) as the main tool to invest in Adani stocks. According to IE report, the two shell firms are linked with Adani group.

Elon Musk, is facing 2,200 arbitration claims from former employees of the company. According to a CNBC report citing court records, the case is Chris Woodfield v. Twitter, X Corp.

A candidate for Mississippi attorney general says that elected officials must play a more aggressive role in protecting labor rights

A Trump-era rule allowing railroads to haul highly flammable liquefied natural gas will now be formally put on hold to allow more time to study the safety concerns related to transporting that fuel and other substances like hydrogen that must be kept a...

Navin Fluorine International, part of the commodity chemical industry, gave a breakout from a downward sloping trendline resistance on the daily charts which has opened room for the stock to head towards 5000 levels, suggest experts.Short-term traders can look to buy the stock now or on dips for a target above 5000 in the next 1-2 months, they say.The commodity chemical stock hit a record high of Rs 4,922 on 15 May 2023, but it failed to hold on

Streamy Awards 2023 was watched by about 15 million people across all platforms within 48 hours. It broke the show’s 2021 record of 9.7 million views. It was more than the double 6.4 million views of the average show viewership across the 2020-2022 shows. With this, the Streamy Awards 2023 became the most viewed Streamy Awards in its 13-year history. The Streamy Awards 2023 were given on Sunday, August 27.

SC Committee on Prison Reforms has told the apex court while emphasising the need for building suicide resistant barracks.

By Clara Denina and Sarah McFarlane