An earthquake with a preliminary magnitude of 6 rocked the Philippines on Thursday morning, the Philippine Institute of Volcanology and Seismology said.

The institute said the quake, which occurred at 2:10 a.m. local time, hit at a depth of 10 km, about 11 km southwest of Batuan town in Masbate province on the main island of Luzon, Xinhua news agency reported.

World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus on Wednesday (local time) said that the organization will continue pushing until it finds an answer to how the Covid-19 pandemic started, following a report suggesting it had abandoned the search.

"We need to continue to push until we get the answer," Tedros Adhanom Ghebreyesus told reporters, referring to the search for the origins of the virus that first began spreading in China in late 2019.

Global rating agency Standard and Poor's (S&P) has placed Adani Transmission Ltd's (ATL) environmental, social, and governance (ESG) evaluation under review. This follows recent allegations of significant governance lapses at the Adani group of companies.

On January 24, 2023, a short-seller report (Hindenburg report) claimed there were significant governance issues at the Adani group. Many allegations relate to disclosures and actions at the shareholder level. Since then, equity and bond prices have plummeted for the group's entities, including ATL.

The consolidated earnings of Bharat Forge in October-December quarter (Q3FY23) missed estimates, largely due to higher-than-expected interest burden although operational numbers (including standalone numbers) were close to consensus.

However, the management guidance was positive and appears to be based on logic.

The Income Tax department survey operation against the BBC India continued for the second day with the sleuths understood to be making copies of electronic and paper-based financial data of the organisation, officials said Wednesday.

The tax department had launched the action on Tuesday at the BBC's Delhi and Mumbai offices along with at least two linked premises as part of an investigation into alleged tax evasion against the British broadcaster in India.

Prime Minister Narendra Modi will inaugurate 'Aadi Mahotsav', a mega national tribal festival, on Thursday here as part of the efforts to showcase the tribal culture on a large scale.

The Prime Minister's Office (PMO) noted that Modi has been at the forefront of taking steps for the welfare of the tribal population while also according due respect to their contribution in the country's growth and development.

Aditya Birla Group is in discussions with banks to raise funds at a promoter level for an equity infusion into Vodafone Idea (Vi), a report in the Economic Times (ET) said. The group is reportedly looking to raise long-term debt and use preferential share allotment as its route.

This comes after the Centre agreed to convert dues worth Rs 16,133 crore into equity.

The Competition Commission of India (CCI) is about to complete its investigation into the billing policies of Apple and its app store, a report in the Economic Times (ET) said, citing people aware of the matter. The iPhone maker may, like Google, be asked to change its app and commission policies by the competition regulator.

In December 2021, CCI had initiated a probe into Apple's policies following allegations by Together We Fight Society about its high commission and lack of third-party options.

As part of its defense against recent allegations of fraud, Adani Group companies have pointed to their commitments to ESG principles and global frameworks.
One of ESG’s most influential gatekeepers will soon render its own judgment.

MSCI Inc. will release the results of a quarterly review for its ESG and climate indexes this week, the first since a short-seller attack on the Adani Group triggered a $100 billion selloff.

British engineering company Rolls-Royce on Tuesday announced that it has received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more.

The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines.

Air India on Tuesday sealed an order for procuring 250 Airbus passenger jets. The order comprises 40 Airbus A350s and 210 Airbus A320/321 aircraft.

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