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FMCG majors eye stake in Farmley at potential ₹2,000 crore valuation

Emami, ITC, Britannia and Orkla India are among the companies interested in Farmley, as early investors explore a stake sale that could value the healthy snacking brand at ₹2,000 crore

FMCG majors eye stake in Farmley at potential ₹2,000 crore valuation

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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Australian shares slip on RBA inflation warnings; banks and miners drag

Australian shares fell on Wednesday , weighed down by banks and miners, as hawkish signals in the Reserve Bank of Australia’s meeting minutes added to concerns about persistent inflation. The S&P/ASX 200 index fell 0.6% to 8,731.50 by 0010 GMT, and was set to clock its worst day since October 1. The benchmark ended flat on Tuesday.

Japan's 5-year bond yield steadies after firm auction outcome

TOKYO: Japan’s five-year government bond yield traded flat on Wednesday, retreating from the session high after a bond auction saw firm demand. Here are a few details: The five-year JGB yield turned flat at 2.34%, after rising to 2.35% earlier in the session. The yield was last up 0.5 bp at 2.345%.

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