Cepsa, which is a Spanish oil and gas group will spend 7-8 billion euros (or $7.8-8.9 billion) by shifting its business to low-carbon energy sources by 2030. Along with a fossil fuel industry under pressure to restrict its contribution to climate change. The new CEO aims a sustainable business including low-carbon jet fuel and renewably-produced hydrogen by 2030.

The Karnataka government moved to the Supreme Court against the Karnataka High Court judgment that sloped down the contentious provisions of the state's online gambling law. Filing a special leave petition, struggling that the regulatory amendments were needed against online gambling. To maintain public order as cybercrime has become epic proportions with over 28,0000 cases reported in 3 years.

FarMart has secured $32 million in a Series B financing round led by General Catalyst. The funding round also saw participation from existing investors, Matrix Partners India and Omidyar Network India. The freshly infused funding will be utilized to fuel the growth of FarMart’s digital distribution network across India and to export markets.

The biggest offshore producer of China, CNOOC Ltd is about to exit the largest field of the North Sea in a strategic shift of focus to newer oil and gas developments and away from Western assets. According to some banking and industry sources stated, Bank of America has been appointed by CNOOC to start preparing a formal sale of its North Sea assets, which could raise more than $3 billion.

Games24X7 is securing $75 Mn in a funding round led by Malabar India Fund. This round of funding takes the valuation to $2.5 Bn. The investment will be received by the startup in two tranches. It will be receiving an investment worth $32 Mn in the first tranche and the rest in the second tranche. The company was founded in 2006 and was initiated by Bhavin Pandya and Trivikraman Thampy.

After reporting fourth-quarter profit, the shares of AerCap Holdings N.V. plunged in premarket trading on Wednesday. Net income increased to $88.8 million, or 44 cents a share, from $28.5 million, or 22 cents a share, in the year-ago period. Excluding expenses related to the GECAS deal, earnings per share were $1.04. Revenue surged 39.8% to $1.44 billion.

A 24% jump was posted by Trulieve Cannabis Corp in the fourth-quarter adjusted core profit. This was supported by strong demand for pot and related products. As a result, the sector has gathered renewed investor interest with a cannabis decriminalization bill heading for a vote in the U.S. House of Representatives this week. The company's revenue rose by 81% to $305.3 mn.

Citi Bank, on Wednesday, confirmed that it inked a deal with Axis Bank to offload its consumer businesses in India for $1.6 billion in cash. The lender was finalised by Citi following an extensive and competitive auction process. Notably, in April 2021, Citigroup revealed that it will exit consumer businesses in 13 countries including India as it focuses on four wealth centres in Singapore,

On Wednesday, an Israeli maker of robotic beehive Beewise has raised $80 million in a private funding round led by private equity firm Insight Partners to save bees from climate change. The freshly infused funding will be utilized towards meeting the rising demand for its robotic beehives. The total funds come to $120 million after the round.

An ongoing clinical trial program has been widened by BioNTech to make new vaccines and patterns of administration for better safety against the Omicron coronavirus variant. The expansion of this trial program with partner Pfizer emerges as global COVID-19 cases are on the rise and protection against infection from its established Comirnaty vaccine has waned, via protection against severe cases.

HUL revealed that its plant-based at Dapada in Dadra Nagar Haveli emerged as the first consumer goods factory in India to be recognised as an 'Advanced 4th Industrial Revolution Lighthouse'. The Global Lighthouse Network has been accredited by the World Economic Forum (WEF) for applying advanced technologies, innovations, and sustainable practices.

Retail non-banking finance companies will probably see an imminent improvement in business, with growth in assets under management. As per the rating agency, ICRA, most entities project growth to pick up in FY2023 with a large number or proportion of entities expecting to grow at 10-15%. Within non-banks, Micro Finance Institutions aim for much higher growth (upwards of 20%).

Aurionpro Solutions' subsidiary based in Singapore-- Integro Technologies Limited (Integro)--secured orders worth 3 million Singapore dollars from the two large banks in Singapore. The mentioned orders are related to the upgradation & enhancement of the existing Smart Lender system, which will be executed over next two quarters. The Company stock closed at 5% upper circuit today.

Micron Technology informed by shares powered higher today after the company posted stronger-than-expected Q2 earnings along with a robust near-term outlook. Micron's Q2 profit of $2.14/share easily beat the Street consensus forecast of $1.97. The revenues came in around 25% higher from last year at $7.8 billion. Also, a figure Micron informed could rise to between $8.5 bn and $8.9 bn in Q2.

GR Infraprojects Limited secured a Letter of Award from the National Highways Authority of India for the five new projects. The mentioned orders are related to the four Ianing of existing highways in multiple states including Rajasthan, Andhra Pradesh, Gujarat, and Maharashtra on Hybrid Annuity Mode. Following this news, the Company stock closed at Rs1573.00 per piece up Rs70.45 or 4.69% today.