Reuters India Business

(Reuters) – India’s market regulator on Tuesday proposed technology-based measures to secure the trading environment and to prevent unauthorised transactions in investors’ trading or demat account. The Securities and Exchange Board of India has proposed SIM card-binding mechanism, among others, to strengthen authentication. In this, a user can login into the trading account only when …

India’s market regulator proposes steps to secure investors’ trading accounts Read More »

By Aditya Kalra NEW DELHI (Reuters) – Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources familiar with the matter said. The U.S. carmaker has been hunting for showroom space in India since …

Tesla picks showroom sites in New Delhi, Mumbai to start India sales, sources say Read More »

By Nidhi Verma NEW DELHI (Reuters) – India’s oil imports from the United States rose sharply in January from December, turning Washington as the fifth largest oil supplier to New Delhi, data obtained from trade sources show. India shipped in 218,400 barrels per day of oil from the U.S. compared to 70,600 bpd in December, …

US emerges as 5th top oil seller to India in January, Russia at No.1 Read More »

(Reuters) – India’s Reliance Consumer Products on Tuesday launched its home-grown cola brand, Campa Cola, in the United Arab Emirates, marking the brand’s first foray into the global market dominated by U.S. beverage giants PepsiCo and Coca-Cola. The FMCG arm of Mukesh Ambani’s Reliance Group said it has partnered with UAE-based food and beverage firm …

India’s Reliance launches home-grown cola brand ‘Campa’ in UAE Read More »

By Manoj Kumar NEW DELHI (Reuters) – U.S. President Donald Trump’s threat to impose reciprocal tariffs from early April is feeding anxiety in India’s export sectors from autos to agriculture, with Citi Research analysts estimating potential losses at about $7 billion a year. Government officials waiting to learn how the tariffs will be calculated before …

Factbox-Indian exports face uncertainty over Trump’s reciprocal tariffs Read More »

By Dharamraj Dhutia and Khushi Malhotra MUMBAI (Reuters) – Fundraising through infrastructure bonds is set to become more expensive for Indian lenders that have used them to raise record funds as investors demand higher returns amid increased debt supply. Domestic lenders have raised a record 892 billion rupees ($10.26 billion) in this financial year, with …

Indian banks’ infra bond funding to turn expensive as investors demand higher returns Read More »

(Reuters) – Elon Musk’s Tesla is looking to hire senior staff in India, job advertisements posted this week showed, signalling progress in the electric vehicle maker’s plans to enter the world’s third-biggest auto market. The postings come less than a week after Musk’s meeting with Indian Prime Minister Narendra Modi in Washington. Tesla did not …

Tesla steps up India hiring after Musk-Modi meet, fast-tracking market entry plan Read More »