Reuters India Business

By Nupur Anand and Aditya Kalra MUMBAI (Reuters) – India’s stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies to chart a lobbying pushback, according to industry sources and a document seen by Reuters. Citing concerns over high rates and unfair practices, the Reserve …

India’s digital lending rules spark disruption, firms plan pushback Read More »

By Nidhi Verma NEW DELHI (Reuters) – India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd, the state-run Indian company’s chairman said at an annual shareholder meeting on Friday. GAIL, India’s largest gas distributor and operator of pipelines, has not received the agreed …

India in talks with Russia over LNG supply resumption, GAIL says Read More »

By Nidhi Verma BENGALURU (Reuters) -India’s GAIL (India) Ltd has set a 2040 target to achieve net zero carbon emissions from its operations, Chairman Manoj Jain told the gas distributor’s annual shareholders’ meeting on Friday. India, one of the world’s biggest greenhouse gas emitters, is aiming to reach net zero emissions by 2070, and wants …

India’s GAIL sets 2040 goal for net zero carbon emissions Read More »

MUMBAI (Reuters) – Indian billionaire Gautam Adani’s attempt to wrest a majority stake in one of the country’s biggest news networks, NDTV, has put the spotlight on his conglomerate’s rapid expansion. Here are some facts about the first-generation tycoon and his family that Forbes says has a net worth of $138.5 billion, ranking them fourth …

Factbox-Adani: Asia’s richest man back in spotlight with media bid Read More »

BENGALURU (Reuters) – Indian cooperative Krishak Bharati Cooperative (KRIBHCO) has signed a long-term deal to import one million tonnes of phosphatic fertilisers from Saudi Arabia, Indian fertilisers minister Mansukh Mandaviya tweeted on Thursday. KRIBHCO will invest in the new phosphate project of Saudi miner, Ma’aden, Mandaviya said. (https://bit.ly/3Kmaztd) India is signing long-term fertiliser import deals …

India signs long-term fertilisers import deal with Saudi Arabia Read More »

MUMBAI (Reuters) – India can use flexible work places to encourage a higher number of women to work, Prime Minister Narendra Modi said on Thursday, as the country looks to improve its female labour force participation. “The need of the future is flexi work hours. We can use systems like flexible work places as opportunities …

Flexible work places can encourage more women to join labour force, Modi says Read More »

By M. Sriram and Abhirup Roy MUMBAI (Reuters) -India’s New Delhi Television Ltd (NDTV) on Thursday sought to block Gautam Adani’s attempt to acquire a majority stake in the news network, saying regulatory restrictions meant the bid from the billionaire tycoon’s group could not proceed. NDTV is regarded by some as one of the few …

India’s NDTV seeks to block billionaire Adani’s takeover on regulatory grounds Read More »