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 •  Greek PM defends vote, demands 30% debt haircut
ATHENS: Greece’s Prime Minister Alexis Tsipras on Friday defended a weekend referendum he hopes will reset bailout negotiations and demanded creditors forgive a third of the country’s debt and allow delayed repayments for the rest.
 •  Kamdar’s claim against former chairman dismissed
KUALA LUMPUR: The High Court has dismissed the claim by Kamdar Group (M) Bhd’s unit Kamdar Sdn Bhd against former chairman Bipinchandra Balvantrai and two others.
 •  Appeal related to Ho Hup's Bukit Jalil land thrown out
KUALA LUMPUR: The years-long legal battle over Ho Hup Construction Co Bhd’s development project on 24.28ha in Bukit Jalil has wound down to a close with a court decision on Thursday.
 •  Tenaga buying 1MDB’s stake in Jimah for nearly RM47m
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is buying 1Malaysia Development Bhd’s (1MDB) 70% stake in Jimah East Power Sdn Bhd (JEP) for a total consideration of RM46.98mil.
 •  Hong Leong Bank inks RM189m property deal to consolidate ops
KUALA LUMPUR: Hong Leong Bank Bhd is buying a related property company DC Tower Sdn Bhd for RM189.33mil – which is undertaking an office property development – to house most of its operations which are across the Klang Valley.
 •  Asiabio’s plan to venture into oil shipping service hits a snag
KUALA LUMPUR: Asia Bioenergy Technologies Bhd (Asiabio) has hit a snag in its plan to venture into the oil and gas transportation industry, aborting its proposed purchase of shipping firms Semua Shipping Sdn Bhd and Semado Maritime Sdn Bhd.
 •  JAKS Resources to make a material announcement
KUALA LUMPUR: JAKS Resources Bhd, whose share price has risen over 17% over the last week, has requested for the trading of its shares to be suspended with effect from 9.00am on Monday, July 6, pending a material announcement.
 •  Late buying enables KLCI to stretch gains amid cautious market (Update)
KUALA LUMPUR: Profit taking after three days of gains pushed the FBM KLCI into the red for most of Friday before late buying of several index stocks saw it closing slightly higher amid a cautious broader market.
 •  KWAP chairman Irwan appointed to Khazanah board
KUALA LUMPUR: Khazanah Nasional Bhd has appointed Tan Sri Dr Mohd Irwan Serigar Abdullah to its board of directors.
 •  RAM Ratings reaffirms NUR Power’s RM650m Sukuk
KUALA LUMPUR: RAM Rating Services has reaffirmed the ratings of Tranche 1 and Tranche 2 of NUR Power Sdn Bhd’s RM650mil guaranteed Sukuk Mudharabah (2012/2027) at AAA(bg)/Stable and AAA(fg)/Stable, respectively.
Updated: 189 minutes ago
 •  Mahindra two-wheelers bids for Peugeot Citroen's scooters
Automobile major Mahindra & Mahindra's two-wheeler subsidiary Tuesday said that it has made a binding offer to acquire a majority stake in PSA Peugeot Citroen's scooter business.
 •  Sensex trades in red; bank stocks down
Opening after an extended weekend holiday, a benchmark index of Indian equities markets Tuesday traded 108 points or 0.
 •  India offers $250 bn investment opportunity in infrastructure
India needs $250 billion in next 20 years for basic urban infrastructure and this offers huge investment opportunities to international investors, said country's Urban Development Minister M.
 •  SJVNL signs pact for Bhutan hydro project
The public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) has signed an agreement for commissioning of the 600 MW Kholongchu Hydro Electric Project in Bhutan, whose foundation stone was laid by Prime Minister Narendra Modi, the company said Wednesday.
 •  Amazon has high expectations from India business: Jeff Bezos
Amazon has very high expectations from its Indian operations, Chief Executive Officer Jeff Bezos said here Wednesday.
 •  Sensex trades flat; banking stocks plunge
A benchmark index of Indian equities markets Wednesday was trading flat at 22.
 •  Diesel in over-recovery; retail prices exceed global rates
With the rates of the Indian basket of crude oil falling below $95 a barrel, the petroleum ministry Wednesday said losses on diesel sales had been wiped out with the government now looking at a profit of nearly two rupees a litre on the fuel sales.
 •  Ford India's sales dip in September
Passenger car manufacturer Ford India experienced a dip in its September sales as compared to the corresponding period of 2013, the company said Wednesday.
 •  Microsoft Devices launches new Lumia devices
Microsoft Devices Wednesday launched three new Windows smartphones - Lumia 830, Lumia 730 and Lumia 930, a top company official said here.
 •  Maruti Suzuki's September sales up
India's largest passenger car manufacturer Maruti Suzuki Wednesday reported a healthy sales growth of 4.
 •  Reliance Communications to reduce debt to under Rs.20,000 crore
Reliance Communications targets to bring its debt to under Rs.
 •  Maruti Suzuki recalls 69,555 vehicles
In one of the largest automobile repair and inspection exercises, passenger car major Maruti Suzuki Tuesday said that it has recalled 69,555 diesel Dzire, Swift and Ritz models, stating that it will proactively inspect and repair a wiring harness.
 •  Hero MotoCorp's August sales up 30 percent
Two-wheeler manufacturer Hero MotoCorp Tuesday reported sales growth of 30 percent in September by dispatching 600,000 units.
 •  Monetary policy will be inflation data-contingent: RBI
Given that inflation is expected to level at around 7 percent by 2016, the Reserve Bank's monetary policy going ahead will be contingent on relevant data coming in, RBI Governor Raghuram Rajan said Tuesday after announcing the central bank's fourth bi-monthly policy review.
 •  Eight core industries up 5.8 percent in August
Eight core industries such as coal, electricity, crude oil, cement and steel, grew at 5.
Updated: 388037 minutes ago
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