International Financial News

Maruti Suzuki India, Mahindra & Mahindra (M&M) and TVS Motor Company. Among auto ancillaries, the brokerage has a ‘Buy’ rating on Bharat Forge, Samvardhana Motherson International, Sansera Engineering and Suprajit Engineering. Also Read: Stocks To Buy: HDFC Securities sees 14-18% upside for SAIL Here are the three auto stocks to buy after Q3 results, as per HDFC Securities: Maruti Suzuki’s Q3FY24 net profit at ₹3,130 crore surpassed HDFC Securities’ estimates of ₹2,820 crore, led by a better-than-expected margin.

Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.

BEIJING – Chinese smartphone company Xiaomi believes it's identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market.

trade ministers gather at the World Trade Organization summit in Abu Dhabi this week, one of the villains will, as usual, be India. And, certainly, there’s some justice to the complaint that Indian negotiators are far too ready to block consensus at such confabs unless granted concessions on their own priorities. Saying “no” often comes too easily to them. But those priorities need to be viewed in the context of India’s fiendishly complicated domestic politics. This is a country the size of a continent, and achieving internal consensus on a drastic shift in policy is as hard — or harder — than getting agreement at the WTO. Prime Minister Narendra Modi is the strongest, and most popular, leader India has had in decades. But he has always been particularly careful not to provoke widespread protests against his decisions. Although he hates to retract policies after investing political capital in them, he has twice in the past decade withdrawn legislation that enraged some of India’s farmers — a law early on in his tenure that would have made it easier to acquire agricultural land for industry, and a package of reforms in 2021 meant to liberalize India’s complicated farm subsidy system.

Gundam Seed Freedom, the latest installment in the Gundam franchise, has become a massive hit in Japan, grossing over $20 million since its January 26 release. The film serves as a sequel to Gundam Seed and Gundam Seed Destiny, continuing the story one year after the events of Destiny.

Caribbean leaders have met with embattled Haitian Prime Minister Ariel Henry to talk about his country’s unrelenting gang violence

Chainalysis has unveiled a new case of fraud involving a single company operating from a compound in Myanmar, which swindled a sum of over $100 million from victims in less than two years. 

Civil Society Organisations Sunday said that there is no mandate for the adoption of the proposed agreement on investment facilitation for development (IFD) which is being negotiated by a group of members of the World Trade Organization (WTO), led by China. A WTO decision of 2004 prohibits negotiations on investment facilitation and efforts are on to bring the issue in through plurilateral means. Around 130 members support the pact. The US, Sri Lanka and Pakistan are also not part of this proposed pact. India and South Africa have opposed it as it neither has the WTO mandate or its members’ consensus and cannot be brought to the formal process in the WTO.

Cube Highways & Infrastructure, an investment arm of global infrastructure fund I Squared Capital, plans to monetise some of its road assets by selling seven highway projects spanning 516 kilometres (2,200 lane km), multiple people aware of the development said. Cube has hired Ambit Capital to run the sale process and feelers have already been sent to leading investors and strategic investors, the sources said. They did not share any estimated sale value. The assets on the block include six hybrid annuity model (HAM) assets and one BOT (build-operate-transfer) asset. They reported a total revenue of ₹860 crore in FY23. Cube Highways — the largest roads operator in India with a portfolio of 27 highways spanning nearly 8,400 lane km — had originally planned to transfer these assets with a right of first offer (ROFO) into its private infrastructure investment trust (InvIT), the sources said.

Ahmedabad-based realty firm Savvy Group has emerged the highest bidder for developing the largest commercial and recreational project in the special economic zone of Gujarat International Finance Tec-City, or GIFT City. The project — spread over 2.8 million sq ft and entailing an investment of more than ₹1,200 crore — will also include an innovation and startup hub. The company has pipped three other bidders to bag the proposed project that surpasses all existing developments within the GIFT City, which previously boasted the largest development covering a million sq ft.

Visakhapatnam, The sea phase of MILAN — 2024, a biennale multi-national naval exercise hosted by the Eastern Naval Command of the Indian Navy kicked off in a display of cooperation among the vessels and aircraft of friendly foreign nations, an official release on Sunday said. The sea phase, which is a high intensity segment of the event which encompasses air, surface and undersea domains commenced yesterday, showcased naval prowess. «Day two of the sea phase witnessed a harmonious blend of mutual understanding and interoperability as participating ships operated collaboratively in the Bay of Bengal,» said the ENC in the press release.

Classroom of the Elite Season 3 Episode 9 is poised to unravel the aftermath of the Class Poll special test, leaving students of Advanced Nurturing High School in a state of flux. Japanese audiences can catch the premiere on AT-X on February 28, 2023, at 10:30 pm JST. For international viewers, Crunchyroll will make it available on February 28, 2024, at 6:00 am PT, just thirty minutes after the Japanese release, complete with English subtitles. Dive into the captivating narrative available on Crunchyroll, Netflix, and DisneyPlus, with Crunchyroll offering both subbed and dubbed versions.

Kagurabachi Chapter 22 is mounting as fans eagerly await the next installment of the gripping manga series. Following the intense battles of the previous chapter, readers are eager to see how the conflict between Chihiro and Hiyuki unfolds. Here's everything you need to know about the upcoming chapter.

Rohit Sharma who is known for his various impromptu talks during fielding always garners the attention of netizens on social media. In the latest instance, Rohit Sharma was heard in stump mike instructing Sarfaraz Khan to wear a helmet while fielding in silly point position. England's Ben Foakes was batting and it was the final session of the day's play when Rohit Sharma was heard instructing Sarfaraz to wear a helmet before the start of the over.

MUMBAI : Payment gateway business Razorpay Software Pvt. Ltd is preparing to launch its products in new Southeast Asian and West Asian markets this year, aiming to garner 5-10% of its revenue from its international business in 3-5 years. “We should definitely launch in some new countries this year as we look to expand our business in Southeast Asia and Middle East," said co-founder and managing director Shashank Kumar.

Eiffel Tower welcomed back visitors on Sunday following a temporary closure of six days. The shutdown was a result of employees going on strike, advocating for improved maintenance of the historical landmark and salary increments. The management of the 330-meter (1,083-foot) tower released a statement, affirming resolution with the labor unions representing the workers. The agreement includes a commitment to a substantial investment of «an ambitious 380 million euros (about $412 million) by 2031» for renovation purposes. The maintenance work aims to address concerns about visible traces of rust on the structure. Additionally, salary negotiations were initiated during the week and are expected to conclude next month. The striking employees had insisted on a raise commensurate with the revenue generated from ticket sales.

Mint. Mrkrtchyan also said that his country is keen to deepen defence ties with India. “We have cooperation in the defence and we are looking for what to make our cooperation much deeper," he said in response to a question about planned defence deals between the two countries.

The world junior hockey championship is returning to Alberta.

Justin Trudeau wrapped up a surprise trip to war-torn Ukraine with a blistering attack on Vladimir Putin Saturday, calling the Russian leader a “weakling” who uses police and the military to crush his opposition.

Reddit has struck a deal with Google

Now it's United Airlines' turn to raise fees for checking bags