Reuters India Business

(Reuters) -India’s markets regulator on Friday proposed changes to the country’s block deal framework, including raising the minimum order size for such trades. The Securities and Exchange Board of India proposed to increase the minimum block deal size to 250 million rupees from the current 100 million rupees, according to a consultation paper published on …

India’s markets regulator proposes changes to block deal framework Read More »

By Jayshree P Upadhyay MUMBAI (Reuters) -India’s markets regulator plans to propose additional financial incentives for distributors and fund houses to enroll first-time women investors, its chairperson said on Friday, in its latest bid to increase penetration of mutual fund products. Women investors’ assets under management (AUM) accounts for about 33% of individual investors’ AUM …

India regulator planning incentives for funds houses to attract first-time women investors, chair says Read More »

(Reuters) -Some of India’s top mobile gaming apps have suspended real-money games after parliament passed a ban on Thursday, threatening the future of a sector once projected to hit $3.6 billion by 2029. The sudden ban on online real-money games, along with related ads and payment services, has jolted an industry backed by investors such …

India’s Dream11, top gaming apps halt money-based games after ban Read More »

By Sethuraman N R NEW DELHI (Reuters) -India is working to significantly improve the accuracy of its weather forecasting systems to meet the growing demands of its renewable energy sector, a senior government official said on Friday. With solar and wind energy generation highly dependent on local weather conditions, the country is finding traditional broad-scale …

India moves to sharpen weather forecasting amid renewable energy push Read More »

(Reuters) -Indian automaker Bajaj Auto’s supply of rare earth magnets has improved, its managing director Rajiv Bajaj told CNBC-TV18 on Friday, helping the company boost production of electric vehicles ahead of the lucrative festive season. China, which controls 90% of the global production of rare earths, banned its export in April, forcing automakers including Bajaj …

Indian automaker Bajaj Auto’s rare earths supply improves, MD tells CNBC-TV18 Read More »