US President Donald Trump defied the nation’s intelligence agencies and a growing body of evidence to declare his unswerving loyalty to Saudi Arabia, asserting that Crown Prince Mohammed bin Salman’s culpability for the killing of Jamal Khashoggi might never be known.

In a remarkable statement, the president said, “It could very well be that the crown prince had knowledge of this tragic event — maybe he did and maybe he didn’t!”

Kakinada Gateway Port Limited, a subsidiary of GMR-owned Kakinada SEZ Limited (KSEZ), has signed a concession agreement with Andhra Pradesh government for development of a green-field commercial port on design, built, finance, operate and transfer basis in Kona village of East Godavari District.

The country's largest carmaker Maruti Suzuki India (MSI) Wednesday launched a new version of its multi-purpose vehicle Ertiga priced between Rs 744,000 and Rs 109,000 (ex-showroom price Delhi).

The petrol variants, including two automatic trims, are priced between Rs 744,000 and Rs 995,000, while diesel variants are tagged between Rs 884,000 and Rs 109,000.

Digital payments service Paytm has entered into a partnership with Life Insurance Corp (LIC) to help customers make insurance premium payments, One97 Communications Ltd, which owns the Paytm brand, said on Wednesday.

The platform now provides online insurance premium payment solutions for over 30 insurance companies including LIC, ICICI Prudential Life, Reliance Life, Max Life Insurance, HDFC Life, TATA AIA, SBI Life, Aditya Birla Sun Life, Canara HSBC Life Insurance, Shri Ram Life and Star Health among others, the company said.

New Delhi: State-owned Oil and Natural Gas Corp’s (ONGC) natural gas production has hit an all-time high of about 70 million standard cubic meters per day as it doubles up efforts to raise domestic output to curb imports, sources privy to the development said.ONGC produced about 64 million standard cubic meters per day (mmscmd) of gas in November last year and this year the output is close to touching 70 mmscmd, sources said.

Country's second largest IT services firm Infosys on Wednesday said it would open three innovation hubs in Australia and create 1,200 jobs by 2020 in the region as the IT firm looks to increase digital offerings for its clients apart from bridging the digital skill gap in the country.

The company also said that it would absorb graduates from the Australian university to fill around 40 per cent of the 1,200 jobs that it will create in the next two years.

Next to Suneeta Reddy’s desk in the executive suite of Apollo Hospitals Enterprise Ltd. hangs an icon of Hinduism’s many-armed warrior goddess Durga, who Reddy prays to each morning. The deity’s presence seems fitting at a company run by four women engineering an aggressive expansion into new territory.

Mumbai: Yes Bank Ltd on Wednesday said its board will meet on 13 December to consider appointment of a new chairman, two independent directors to replace departing directors, and the CEO search panel’s recommendation to appoint a successor to the current MD and CEO Rana Kapoor. The bank also said that its promoters are seeking a mutual resolution to ensure better support and coordination for outstanding issues.

The BSE benchmark Sensex fell over 200 points in early trade on Wednesday following weak global cues amid fresh foreign fund outflows.

The 30-share was trading 215.44 points, or 0.61 per cent, lower at 35,259.07 points. The gauge had lost 300.37 points Tuesday.

State-owned NBCC, Cube Highways & Infrastructure, L&T Infrastructure, Kotak Investment Advisors and Suraksha Asset Reconstruction along with Lakshdeep Investments and Finance and Suraksha Realty have submitted their expression of interest for the bankrupt Jaypee Infratech (JIL). These firms have been provisionally shortlisted by the resolution professional and will subsequently be asked to submit their resolution plans.

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