Reuters India Business

By Rishika Sadam and Tanvi Mehta HYDERABAD, India (Reuters) -India’s top beer-consumer state Telangana has allowed beer prices to be increased from Tuesday, weeks after a brief halt in supply by Heineken’s Indian unit United Breweries over pricing issues. The order also directed that all existing stock be sold at the revised rates from Tuesday. …

Indian state permits beer price hike, weeks after row with Heineken’s United Breweries Read More »

(Reuters) – Shares of Eicher Motors dropped nearly 7% on Tuesday as the Royal Enfield motorcycle maker’s heavy spending on new launches hurt profit margins, with analysts expecting the company’s focus on growth to keep the pressure on profitability. The stock was set for its biggest one-day decline since July 2023 and was the biggest …

India’s Eicher Motors skids on worries about growth-over-profit strategy Read More »

NEW DELHI (Reuters) – Indian Oil Corp is in talks with U.S. firm Cheniere Energy for a 15-year liquefied natural gas deal, with volumes between 1.5 million to 2 million metric tons per year, said a company source on Tuesday on the sidelines of the India Energy Week conference. The source added that they hope …

Indian Oil in talks with Cheniere for 15-year LNG deal, company source says Read More »

By Nivedita Bhattacharjee BENGALURU (Reuters) – Indian space tech firm Digantara said on Tuesday it is targeting $25 million to $30 million in revenue over the next two years by expanding into the U.S., aiming to secure large-scale defense contracts and tap into the $60 billion space surveillance and intelligence market. The Bengaluru-based startup plans …

Indian space tech firm Digantara eyes $30 million revenue with US expansion Read More »

By Nidhi Verma NEW DELHI (Reuters) -Indian oil companies are looking to buy U.S. liquefied natural gas (LNG), buoyed by the Trump administration’s lifting of a ban on export permits for new projects, Oil Secretary Pankaj Jain said on Monday. The world’s fourth largest importer of LNG, India aims to raise the share of gas …

Indian oil companies in talks to buy U.S. LNG supplies Read More »

By Anmol Choubey (Reuters) – Gold prices continued their record rally on Monday and broke through the key $2,900 level for the first time, driven by safe-haven demand as U.S. President Donald Trump’s new tariff threats amplified trade war and inflation concerns. Spot gold surged 1.6% to $2,905.24 per ounce, as of 01:45 p.m. ET …

Gold soars beyond $2,900 as Trump threatens fresh tariffs Read More »

NEW DELHI (Reuters) – Indian billionaire Gautam Adani on Monday said his family will invest over 60 billion rupees ($686.18 million) to launch two affordable health campuses in Mumbai and Ahmedabad in consultation with the U.S.-based Mayo Clinic. Each campus will have hospitals, medical colleges, transitional care and research facilities, with technical expertise provided by …

India’s Adani ties up with US based Mayo Clinic for affordable health campuses Read More »