India

🇮🇳 ExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is contingent on resolving a long-running $150 billion dispute between the government and international companies, according to people familiar with the matter. Source: india-livemint Country: India

🇮🇳 Berkshire Hathaway reported that it held $365.5 billion in cash and Treasury bills at the end of June, down considerably from $397.4 billion at the end of March Source: india-livemint Country: India

🇮🇳 India’s FSSAI warned liquor giant Diageo that it misleadingly claimed one of its top-selling whiskies was “matured in American oak casks”, when most of the product had not been matured.  Source: india-livemint Country: India

🇮🇳 Ethan Allen Interiors Inc. Chief Executive Officer Farooq Kathwari, responding to an activist investor’s proxy challenge this week, said the furniture store is focusing on long-term retail sales over short-term digital sales. Source: india-livemint Country: India

🇮🇳 Pricol Ltd’s plan to spin off its driver information and connected vehicle solutions business has drawn interest from global private equity funds, underscoring the growing appeal of India’s automotive electronics sector. Source: india-livemint Country: India

🇮🇳 Malaysia Aviation Group (MAG) has ordered mandatory drug testing and stricter screening for pilots after a Malaysia Airlines pilot was arrested in Indonesia with 26 kg of MDMA. Source: india-livemint Country: India

🇮🇳 AIG-RESULTS/ (PIX):Insurer AIG beats second-quarter profit estimates on robust underwriting Source: india-livemint Country: India

🇮🇳 The partnership will target high-tech and manufacturing risks while supporting Indian companies expanding overseas and multinationals operating in India. Source: india-livemint Country: India

🇮🇳 The National Infrastructure Investment Fund (NIIF) is a government-anchored infrastructure investment platform that manages about $5 billion in capital commitments across four funds, investing in infrastructure assets and related sectors. Source: india-livemint Country: India

🇮🇳 For the third quarter, Disney reported net profit of $2.6 billion, roughly half the level recorded a year earlier, when results were boosted by a significant one-time tax benefit Source: india-livemint Country: India