CHENNAI, Dec 9 (Reuters) – India’s JioHotstar plans to invest $444 million over five years to acquire and produce content from south India, an executive said on Monday, as the Walt Disney and Reliance Industries-owned streaming platform seeks to capitalize on growing demand for regional cinema. The expansion comes at a time when the Mumbai-based …
Dec 9 – Microsoft will invest $17.5 billion in India, its chief executive Satya Nadella said on social media platform X on Tuesday, as global behemoths race to build infrastructure in one the world’s fastest growing digital markets. (Reporting by Nishit Navin in Bengaluru)
MUMBAI, Dec 9 (Reuters) – India’s financial crime-fighting agency has filed new cases against Reliance Home Finance and Reliance Commercial Finance, the agency said on Tuesday. The cases, filed after complaints by two state-owned lenders, are part of ongoing probes, it said in a statement. The cases include one about an alleged fraud by Reliance …
By Arpan Chaturvedi and Munsif Vengattil NEW DELHI, Dec 9 (Reuters) – An Indian government panel has proposed requiring AI companies to pay content creators a share of revenue for using their work to train models, a setback for companies such as OpenAI and Google that back free access to publicly available data. The step …
Indian AI royalty proposal targets data practices of OpenAI, Google Read More »
By Bharath Rajeswaran and Vivek Kumar M Dec 9 (Reuters) – Indian equity benchmarks fell for a second straight session on Tuesday, led by information technology stocks, as caution ahead of the Federal Reserve’s rate decision and lingering uncertainty over a U.S. trade deal weighed on sentiment. The Nifty 50 fell 0.47% to 25,839.65 and …
IT stocks drag India equity benchmarks lower ahead of Fed decision Read More »
By Jaspreet Kalra MUMBAI, Dec 9 (Reuters) – The Indian rupee closed modestly stronger on Tuesday, supported by dollar sales from exporters and modest foreign inflows while traders held onto caution ahead of the U.S. Federal Reserve’s policy decision later this week. The rupee rose 0.2% to end the day at 89.8750 per dollar. The …
Rupee finds breathing room on modest inflows, exporter hedging Read More »
By Bharath Rajeswaran Dec 9 (Reuters) – The underperformance of India’s small-cap firms relative to large- and mid-caps this year, after two years of strong gains, is likely to persist into 2026 as stretched valuations, moderate earnings and thin liquidity continue to weigh, analysts said. India groups listed firms by market value, with companies ranking …
India’s small-caps to face another tough year on earnings-valuations mismatch Read More »
By Rahul Trivedi BENGALURU, Dec 9 (Reuters) – Home prices in India will rise at roughly 6% in the coming two years but most real estate analysts polled by Reuters say the boom in the luxury housing sector currently driving the market will peter out within five years. The expected rise in average home prices, …
By Sethuraman N R NEW DELHI, Dec 9 (Reuters) – Record-low bids to build battery energy storage systems in India have sparked fears that some projects could be economically unviable and even pose safety risks, industry experts and analysts say, hindering a push for renewable power. The take-off of battery projects is critical for India’s …
India’s record-low battery storage bids raise concerns over project viability Read More »
By Dharamraj Dhutia and Khushi Malhotra MUMBAI, Dec 9 (Reuters) – India’s GMR Airports is set to raise funds via its longest-tenor bond issue before the end of this month, three sources aware of the developments said on Tuesday. The airport operator aims to raise around 22 billion rupees ($245 million) through the sale of …
India’s GMR Airports plans about $245 million long-term bond sale, sources say Read More »
