August 3, 2023 – The Headlines

Asia crude imports hit high as China, India gorge on Russian oil

August 3, 2023 0

Asia’s crude imports lifted to a record high in July as the top-importing region’s two biggest buyers, China and India, continued to take large volumes […]

LIC Housing Finance Q1 profit jumps on strong loan demand

August 3, 2023 0

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Adani Enterprises posts 44% jump in Q1 profit

August 3, 2023 0

Adani Enterprises reported a 44% YoY rise in Q1 profit, driven by a strong performance in its new energy sector, which saw earnings jump seven-fold […]

India’s services growth at 13-year high in July on strong demand

August 3, 2023 0

India’s services industry recorded its fastest expansion in 13 years in July, with S&P Global’s India Services Purchasing Managers’ Index (PMI) rising to 62.3 from […]

Adani-backed Ambuja Cements buys stake in Sanghi Industries for $604 million

August 3, 2023 0

India’s Ambuja Cements has acquired a 56.74% stake in smaller rival Sanghi Industries for INR50bn ($604.4m), in its first major acquisition this year. Ambuja will […]

‘China’s July services activity expands at quicker pace’

August 3, 2023 0

China’s services sector activity expanded in July supported by a rise in the summer travel season, according to the Caixin/ S&P Global services purchasing managers’ […]