From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers. State Bank of India emerged as the only gainer from the pack.

Maruti Suzuki India is targeting markets like UAE, Saudi Arabia, Chile, Mexico and other Latin American countries with its upcoming new version of compact sedan Dzire to accelerate exports as it eyes over 3 lakh units of overseas shipments this fiscal, a senior company official said on Wednesday. In the domestic market, the company hopes to enhance its share in the sedan market amid the passenger vehicles market shifting towards SUVs (Sports Utility Vehicles), with the new Dzire which is slated for launch next week. "We have been growing (exports) at a rate of about 11.9 per cent in the first seven months of the financial year and we hope to continue on that momentum.

India's forex reserves declined by $2.67 billion to $682.13 billion for the week ended November 1, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.46 billion to $684.805 billion.

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian crude oil in a bid to cripple Kremlin's revenue and create a vacuum in its funding for the invasion of Ukraine.

Tata Steel, Bajaj Finance, Mahindra and Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen and Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.

After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.

China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. At the end of October, China's weight in the key EM gauge stood at 24.72 per cent, up from 21.58 per cent at the end of August. India's weight during this period has slipped to 20.42 per cent from 22.27 per cent.

From the 30-share Sensex pack, NTPC, Asian Paints, HDFC Bank, State Bank of India, Tata Motors, JSW Steel, Maruti and Power Grid were among the major laggards. On the other hand, Sun Pharma, Infosys and ICICI Bank were the gainers.

“Should I be allowed to legally marry a man in India or not?” asks the columnist as the country’s Supreme Court begins hearing about legalising same-sex marriages

IMAGES from the Champions League matches played on Wednesday.

The win leaves United in 15th place in the Europa League standings on six points from four games.

India could finally have a driver on the F1 grid after 13 long years.

Bayern Munich earned a nervous 1-0 win at St Pauli thanks to a sensational 28-metre drive from Jamal Musiala to stay unbeaten.

IMAGES from the EPL matches played on Saturday.

Real Madrid forward Vinicius Jr scored a hat-trick to help the LaLiga champions snap a two-game winless run in all competitions.

Miami were overwhelming favourites to win it all after producing a league record 74 points in the regular season but could not keep the momentum after Matias Rojas' close-range goal in the 17th minute and Messi's score in the 65th minute.

Czech Barbora Krejcikova on Sunday called for respect and professionalism in sports media as she hit out at "unprofessional" remarks made about her appearance during a broadcast on the Tennis Channel.

IMAGES from the English Premier League matches played on Sunday.

Barcelona suffered a shock 1-0 LaLiga defeat at Real Sociedad on Sunday that ended their seven-match winning streak in all competitions.

On current form, D Gukesh is the favourite to win the World Chess Championship title against his Chinese opponent, Ding Liren, believes Indian teenage Grandmaster R Praggnanandhaa.

With global funds ramping up their focus on SEA, the scope for secondary deals go up in the region, said Lee Chong Min.

The post If IPOs are the only exit route in SEA, there’s a problem, says CMIA managing partner appeared first on DealStreetAsia.

Shunwei’s investments in this region are close adaptations of those found in China.

The post China experience more relevant to India, Indonesia than US: Shunwei’s Tuck Lye Koh appeared first on DealStreetAsia.

If on a risk-adjusted basis, I think it's a good time to get out, then I will get out, he says.

The post Always open to exit OVO at the right valuation: Lippo Group’s John Riady appeared first on DealStreetAsia.

The Vertex Venture-backed company wants to clock revenue of $75-100 million and achieve profitability by 2021.

The post SG’s Nium eyes profitability by Q3 next year, NYSE listing by 2022 appeared first on DealStreetAsia.

The company plans to place its application in the second or third quarter, said Mohd Khairil Abdullah.

The post Malaysia’s Axiata Digital aims to apply for digital banking licence, says CEO appeared first on DealStreetAsia.

Fave, formerly Kfit, is understood to be looking at a corpus of $50 million in its Series C round.

The post Fave seeks funding to expand ops into more Southeast Asian countries appeared first on DealStreetAsia.

Investree is currently in the process of raising a Series C round and is likely to close it by the end of this quarter.

The post Indonesia’s Investree carves out strategy to expand ops in Vietnam, Philippines appeared first on DealStreetAsia.

Coronavirus may trigger positive investment sentiment in ancillary segments of healthcare, says its MD Sunil Thakur.

The post Coronavirus will compel govts to increase public health expenditure: Quadria Capital appeared first on DealStreetAsia.

The race for customers in Indonesia is so intensive that e-payment firms are offer steep discounts.

The post Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ appeared first on DealStreetAsia.