Reuters India Business

Chevron, Phillips 66, Total win India’s first tender to buy US LPG, sources say

14 Nov 2025

By Nidhi Verma NEW DELHI (Reuters) -Indian state refiners have awarded their first joint, long-term tenders to Chevron, Phillips 66 and TotalEnergies Trading SA to import U.S. liquefied petroleum gas in 2026, two trade sources with knowledge of the matter said. India plans to raise energy imports from the U.S. to cut its trade surplus …

Chevron, Phillips 66, Total win India’s first tender to buy US LPG, sources say Read More »

India’s Kotak Mahindra Bank to consider stock split

14 Nov 2025

(Reuters) -Indian lender Kotak Mahindra Bank said on Friday it will consider a sub-division of its shares on November 21. (Reporting by Nishit Navin in Bengaluru; Editing by Shailesh Kuber)

Nexus looks to double its shopping centres portfolio in five years, exec says

14 Nov 2025

By Anuran Sadhu BENGALURU (Reuters) -Blackstone-backed Nexus Select Trust plans to double its shopping centre portfolio in India over the next five years, as it bets on rising demand in smaller cities, a senior executive at the firm told Reuters. The Mumbai-based firm currently operates 19 malls across India. Nexus, predominantly operates properties in South …

Nexus looks to double its shopping centres portfolio in five years, exec says Read More »

Indian shares log weekly gains on US reopening, strong earnings, Bihar boost

14 Nov 2025

By Bharath Rajeswaran (Reuters) -Indian equity benchmarks ended the week higher on Friday, led by IT and pharmaceutical stocks as the U.S. government’s reopening lifted hopes for economic clarity, while improved domestic earnings and a key state election result boosted sentiment. The Nifty 50 added 0.12% to 25,910.05 on the day, while the BSE Sensex …

Indian shares log weekly gains on US reopening, strong earnings, Bihar boost Read More »

Rupee singed by risk-off mood; RBI intervention keeps record low at bay

14 Nov 2025

By Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee weakened on Friday and for the week as global risk-off sentiment added to pressure from unfavourably skewed hedging and investment flows, keeping the currency pinned near its record low. The Reserve Bank of India likely intervened across the spot, NDF and futures markets to stabilise the currency, …

Rupee singed by risk-off mood; RBI intervention keeps record low at bay Read More »

India’s SP Group unit courts top global investors for mega bond sale, sources say

14 Nov 2025

By Dharamraj Dhutia and Khushi Malhotra MUMBAI (Reuters) -India’s Goswami Infratech, a unit of Shapoorji Pallonji Group, is courting top global credit investors for an upcoming mega bond sale, two sources aware of the matter said on Friday.  The group met with investors including Pacific Investment Management Co (PIMCO), BlackRock and Vanguard during non-deal roadshows …

India’s SP Group unit courts top global investors for mega bond sale, sources say Read More »

India’s top court asks lawyers to argue online as air quality worsens

14 Nov 2025

NEW DELHI (Reuters) -India’s Supreme Court has asked lawyers to stay away and argue cases on a virtual platform instead, media said, in the latest disruption to life in the capital caused by deteriorating air quality. New Delhi’s air quality index has hovered above 400 this week, ranking in the “severe” category, prompting authorities to …

India’s top court asks lawyers to argue online as air quality worsens Read More »

India’s Marico misses profit estimates on higher raw material costs

14 Nov 2025

(Reuters) -Indian fast-moving consumer goods firm Marico reported a quarterly profit that fell short of estimates on Friday, hurt by a surge in expenses, including for raw materials such as copra and vegetable oil. The Mumbai-based company posted a 0.7% drop in profit to 4.2 billion rupees ($47.78 million) for the second quarter ended September …

India’s Marico misses profit estimates on higher raw material costs Read More »

India’s MRF posts higher quarterly profit on strong tyre demand

14 Nov 2025

(Reuters) -Indian tyre maker MRF reported a 12.3% rise in second-quarter profit on Friday, helped by demand for its tyres by original equipment manufacturers. The company’s net profit rose to 5.12 billion rupees ($58.25 million) for the quarter ended September 30, compared with 4.55 billion rupees last year. Revenue from operations rose 7.2% to 72.5 …

India’s MRF posts higher quarterly profit on strong tyre demand Read More »

India wholesale prices fall 1.21% year-on-year in October

14 Nov 2025

NEW DELHI (Reuters) -India’s wholesale prices fell 1.21% year-on-year in October after a 0.13% rise in the previous month, government data showed on Friday. Economists polled by Reuters had projected the wholesale prices to fall 0.6% year-on-year in October. KEY NUMBERS * Wholesale food prices fell 5.04% in October, compared with a 1.99% decline in …

India wholesale prices fall 1.21% year-on-year in October Read More »

Close Bitnami banner
Bitnami