Indias Tata Technologies Valued at 6.4B on Smashing Debut

BENGALURU, Nov 30 Reuters Shares of India39;s Tata Technologies settled nearly threefold higher on their trading debut on Thursday, valuing the first Tata Group company to go public in nearly two decades at 532.64 billion rupees 6.4 billion. The Tata Motors39; unit, which provides engineering and technology services to auto, aero and heavy machinery makers, beat the […]
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OPEC Talks Tough, Policy Rollover Possible, Sources Say

LONDON, Nov 28 Reuters OPEC talks on 2024 oil policy are difficult, making a rollover of the previous agreement a possibility rather than deeper production cuts, four OPEC sources said on Tuesday. The OPEC group comprising the Organization of the Petroleum Exporting Countries OPEC and allies led by Russia is scheduled to meet online on […]
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Oil Steady; Market Eyes OPEC Meet, Weak Demand Indicators

SINGAPORE, Nov 30 Reuters Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC group, and as weakerthanexpected Chinese factory data underscored slowing growth in the world39;s second largest economy. Brent crude futures climbed 13 cents, or 0.2, to 83.23 a barrel by 0740 GMT, while U.S. […]
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Kishidas NISA Bet is Paying Off, not for Japanese Stocks

TOKYO, Nov 30 Reuters Japan39;s big tax break to incentivise its citizens to funnel some of the trillions of yen held in cash into stock market investments and boost the economy is succeeding, but only partially. Under Prime Minister Fumio Kishida, the Nippon Individual Savings Account programme which exempts retail investors from paying capital gains taxes […]
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Public Investors with 4.3Tn are Down on China, in on net Zero

No funds surveyed positive on China outlook OMFIF India top pick amongst emerging markets Investors concerned about higherforlonger rates LONDON, Nov 30 Reuters Public pension and sovereign wealth funds managing 4.3 trillion in assets are pessimistic about investing in China, but keen to cut net emissions of their portfolios, according to a survey by the […]
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