By Kashish Tandon (Reuters) -Japan’s Omron is planning to boost its presence in the Indian market, its CEO said on Thursday, as a surge in hypertension cases in the country is expected to create a large market for its blood pressure monitoring devices. “The population of people with hypertension is huge compared to other countries, …
Japan’s Omron sees big market for BP monitors in India, CEO says Read More »
By Bharath Rajeswaran (Reuters) -The Indian markets regulator’s ban on Wall Street trading giant Jane Street has squeezed volumes in the country’s options market, but traders expect activity to snap back as larger investors step in. The Securities and Exchange Board of India (SEBI) on July 4 barred Jane Street from trading and froze $567 …
India’s ban on Jane Street hits options volumes; rebound expected in coming weeks Read More »
By Pranoy Krishna BENGALURU (Reuters) -An easing of food price rises and a high base likely helped Indian inflation slow to a more than six-year low in June, according to a Reuters poll of economists. Food inflation probably continued to ease from last year’s elevated levels as supplies from a robust spring harvest reached markets, …
India consumer inflation likely eased to over six-year low in June Read More »
By Ashitha Shivaprasad and Anushree Mukherjee (Reuters) – Gold prices were little changed on Thursday as a stronger U.S. dollar offset the impact of U.S. President Donald Trump’s latest tariffs in driving buying by investors seeking shelter from geopolitical risk. Spot gold was up 0.1% at $3,317.44 per ounce by 0150 pm ET (1750 GMT). …
Gold steadies as firmer dollar counters trade tensions Read More »
(Reuters) -Zee Entertainment Enterprises on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster. The setback comes after the company aggressively cut costs and focused on improving performance in its core businesses following a failed merger …
India’s Zee fundraising fails as shareholders block founding family from raising stake Read More »
LONDON (Reuters) -The share of available aluminium stocks of Russian origin in warehouses registered with the London Metal Exchange slipped to 66% in June from 69% in May, while the share of Indian origin climbed to 34% from 30%, LME data showed on Thursday. The LME has banned metal produced in Russia after April 13, …
Share of Russian aluminium in LME warehouses falls in June as Indian metal rises Read More »
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) -Tata Consultancy Services, India’s top software-services exporter, missed quarterly revenue estimates on Thursday as its clients stayed cautious about non-essential spending amid tariff-related uncertainty. The revenue shortfall at TCS, the first Indian tech major to report results, raised concerns about future demand for the country’s $283 …
TCS revenue falls short as tariffs cast shadow on client spending Read More »
(Corrects typo in company name to ‘AbbVie’ in headline) (Reuters) -India’s Glenmark Pharmaceuticals said on Thursday its innovation arm, Ichnos Glenmark Innovation (IGI), and AbbVie have signed an exclusive licensing agreement for IGI’s cancer treatment, adding to the U.S. firm’s oncology portfolio. Under the agreement, AbbVie will get exclusive rights to develop, manufacture and commercialize …
India’s Glenmark Pharma unit, AbbVie sign exclusive licensing pact Read More »
BENGALURU (Reuters) -State Bank of India, the country’s largest lender by assets, said on Thursday it will consider raising funds via issuance of bonds for financial year 2026 on July 16. The lender said it will consider issuance of Basel III compliant capital bonds in Indian rupees. (Reporting by Nishit Navin; Editing by Shreya Biswas)
By Nikunj Ohri NEW DELHI (Reuters) -India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters. Healthcare costs in India are projected to rise by 13% in 2025, exceeding the global average of 10%, and up from …
