Reuters India Business

(Reuters) -India’s Tata Motors said on Tuesday its shareholders have approved the company’s plan to split the automaker into two listed companies, separating its passenger and commercial vehicle arms. Tata Motors had said last March that it would divide its commercial vehicle arm from its passenger business, which houses its cash cow luxury Jaguar Land …

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LONDON (Reuters) -Britain and India clinched a long-coveted free trade pact on Tuesday after tariff turmoil sparked by U.S. President Donald Trump forced the two sides to hasten efforts to increase their trade in whisky, cars and food. Below are some of the main points from the agreement: KEY FIGURES The agreement between India and Britain is expected …

Factbox-What’s in the UK-India trade deal? Read More »

By Nishit Navin and Siddhi Nayak (Reuters) -Paytm expects to become profitable from the first quarter of the current fiscal year, it said on Tuesday, after posting a narrower sequential loss excluding a one-time charge. “We are at the verge of PAT (profit after tax) profitability… I’m very sure that in (the) next quarter onwards, …

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By Arpan Chaturvedi NEW DELHI (Reuters) -India has set up a panel to review if existing copyright law is sufficient to tackle AI-related disputes, an official memo showed, at a time when OpenAI faces legal challenges stemming from accusations of exploiting copyrighted material. A case in the high court in New Delhi by a group …

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NEW DELHI (Reuters) -India’s Adani Power has won a contract to supply 1500 megawatts from a thermal power plant in the northern state of Uttar Pradesh at 5.38 rupees ($0.0638) per unit, two sources told Reuters on Tuesday. ($1 = 84.3580 Indian rupees) (Reporting by Sarita Chaganti Singh, writing by Tanvi Mehta)