Air India will borrow Rs 18,000 crore from the State Bank of India (SBI) and Bank of Baroda (BoB) to refinance its existing debt over the short term, a report in the Economic Times (ET) said. The borrowing will be in the form of one-year loans and the Tata Group-owned airlines may go for longer loans later.

Tatas decided to continue with the existing borrowing arrangement for another year, though they will eventually make a long-term debt strategy.

Novatek, Russia's largest liquefied natural gas producer, has been in talks with Indian companies including GAIL on the supply of LNG and may consider taking payments in rupees, the company's head Leonid Mikhelson said on Monday.

He also said consumers in Europe, which have imposed sanctions on Russia over its actions in Ukraine, were interested in Russian LNG, which has not been placed under restrictions, and that no buyers under long-term contracts wanted to terminate them.

India's Adani Group, which has in recent weeks suffered a brutal share selloff following the release of a U.S. short-seller report, remains eligible for the CEMBI, JACI and JESG indices, said JP Morgan in a note on Monday.

"Per current index rules, Adani Group companies remain eligible for inclusion in CEMBI, JACI and JESG indices," JP Morgan said in the note.

With the largest base of fact checkers in India, tackling misinformation is core to the policies for all Meta platforms, said the head of policy of Instagram.

In India 11 independent fact checkers work with Meta on content in 15 languages in India.

“Our platforms have zero tolerance to Child Sexual Abuse, bullying and harassment, hate speech, voter interference, etc.

Adani Group dollar bonds rallied on Friday as Gautam Adani was said to be in talks with creditors to prepay some loans in a bid to restore confidence in his business empire.

The notes also pared losses from earlier in the week as Goldman Sachs Group and JPMorgan told some clients that Adani bonds can offer value due to the strength of certain assets.

The Securities and Exchange Board of India (Sebi) has proposed measures to curb mis-selling in Alternate Investment Funds (AIFs) including mandatory offering of direct plans and introduction of trail model for distribution commission.

The regulator has said that in certain cases the quantum of upfront commissions for AIF distribution fees has gone up to around 4-5 per cent of committed amount.

Railway minister Ashwini Vaishnaw on Friday said that Jharkhand has been allocated a whopping Rs 5,271 crore from the Union Budget to augment the railway infrastructure of the state.

Addressing the media through video conferencing, the minister said the annual average budget outlay for Jharkhand was around 11 times higher than what the state used to get between 2009 and 2014.

A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at the Haifa Port, which the Indian billionaire is co-developing.

The 60-year-old tycoon had reason to be buoyant: last-minute bids had helped the flagship of his ports-to-power empire close a record $2.5 billion share sale despite a searing short seller attack that triggered a stock rout.

JK Tyre and Industries, one of the largest tyre manufacturers in India, on Friday posted a consolidated net profit of Rs 66.75 crore during the October to December quarter of 2022-23, up 24 per cent from Rs 53.92 crore during the same period last financial year.

The company’s total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22.

Delhi’s air was polluted all of January, a crisis made worse since last year due to fog, calm winds and low temperatures.

Average monthly air quality index (AQI) was 311, data from the state-run Central Pollution Control Board (CPCB) showed. AQI was 279 in January 2022.

AQI measures the concentration of poisonous particulate matter PM2.5, which can cause cardiovascular and respiratory diseases such as lung cancer, in a cubic metre of air.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.