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"I do not make this decision lightly. I have enormous respect and appreciation for the talent and dedication of our employees worldwide and I am mindful of the personal impact of these changes," said Iger.

A plea has been moved in the Supreme Court seeking a gag order to prevent media from publishing allegations in connection with the Adani group firms unless market regulator Securities and Exchange Board of India (Sebi) verifies them.

Global credit rating agency Fitch Ratings on Tuesday said that Indian banks' exposure to the Adani group do not present any major risk to the banks' standalone credit profiles.

Edtech firm BYJU's will not be able to meet its March 2023 deadline to achieve group-level profitability, as it envisioned in its earnings in October last year, reliable sources said on Monday. On top of it, its results for most of the months for the current fiscal year are delayed again.

Moody's also said the adverse developments relating to the Adani Group - rapid decline in market value of the group company's shares- will impact the group's ability to raise capital.

Global credit rating agency Fitch Ratings on Friday said there is no immediate impact on its ratings of Adani Group entities and their securities following a "short-seller report" alleging malpractices.

Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in global economic meltdown.

The Adani Enterprises Ltd -- the flagship company of the Adani Group -- on Thursday said it is withdrawing the Red Herring Prospectus (RHP) filed with the Registrar of Companies (RoC) Gujarat.

Hours after its shares crashed at the bourses, the Adani Group on Wednesday evening decided to call off its Rs 20,000 crore follow-on public offer (FPO), saying that money would be returned to the investors.

The empirical literature documents that global growth exerts a strong statistically and economically significant impact on India's real exports, though the impact has reduced over the years.

Manu Jain on Monday announced to quit global smartphone brand Xiaomi after serving it for nine years, saying the "end of a journey also marks the beginning of a new one, full of exciting opportunities".

Naked short selling is not permitted in the Indian securities market and all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement.

According to a SEBI discussion paper, short selling -- the sale of a security that the seller does not own -- is one of the long-standing market practices, which has often been the subject of considerable debate and divergent views in most of the securities markets across the world.

On revenue or balance sheet being artificially inflated or managed -- out nine listed companies in Adani portfolio six are subject to specific sector regulatory review for revenue, costs and capex, Adani Group said.

Nine out of 10 individual traders in the equity F&O segment incurred net losses during both the years FY 2018-19 and FY 2021-22, according to a study by market regulator SEBI.

Joining the Big Tech league of Amazon, Meta and Microsoft, Google's parent company Alphabet is now laying off 12,000 employees, or about 6 per cent of its workforce, globally, the media reported on Friday.

The impacted employees will receive a minimum assured payout of 3 months, which will include variable pay/incentives at 100 per cent. The joining bonus and retention bonus paid out will be waived off.

Online food delivery platform Swiggy is likely to lay off up to 10 per cent of its employees, or about 600 workers, after an extensive performance review that was concluded late last year, amid global uncertainties and recession fears.

Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion.

With the international prices of petrol and diesel cooling due to economic slowdown concerns, marketing losses for the three Indian oil companies will ease, said Moody's Investors Service.

Gold prices are expected to touch Rs 60,000/10 grams 24-carat shortly with the rates touching Rs 58,550 on Monday, a top official of Madras Jewellers and Diamond Merchants Association said.

Angel investors, including Bollywood actress Shilpa Shetty, stand to make a killing in the forthcoming IPO of Mamaearth as the company is being valued at Rs 24,000 crore.

FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking the cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.

"Over the the last 10 plus years, he also nurtured a stellar tech leadership team that is capable of taking on the mantle of leading the tech function going forward. His contribution to building Zomato has been invaluable," said the company.

The absence of global cues, strong macros and expectations of healthy corporate earnings provided the support to domestic equites, said Siddhartha Khemka, its Head - Retail Research.