(Reuters) – India’s ICICI Prudential Life Insurance reported a 43% jump in third-quarter profit on Tuesday, driven by higher premiums from new policy sales. The life insurer reported a standalone profit of 3.26 billion rupees (about $38 million) for the quarter ended Dec. 31, compared to 2.27 billion rupees a year ago. Its net premium …
India’s ICICI Prudential Life Q3 profit jumps on new policy sales Read More »
By Dhwani Pandya MUMBAI (Reuters) – In India’s polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old entrepreneur builds his dream home, he is indulging his designer tastes with a luxury bathroom. Ghai will spend $28,000 on designer fittings from American giant Kohler …
Wealthy Indians tap into bathroom luxury with $18,500 smart toilets Read More »
By Divya Chowdhury and Haripriya Suresh DAVOS, Switzerland (Reuters) – Infosys expects the way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer said in an interview Davos, Switzerland. India’s No.2 software services exporter is one of several IT companies that use …
Indian IT sector’s talent management to evolve, Infosys CTO says at Davos Read More »
By Anjana Anil (Reuters) – Gold prices jumped to an over two-month peak on Tuesday, supported by a weaker dollar and as markets flocked to the safe-haven asset amid uncertainty surrounding U.S. President Donald Trump’s potential tariffs. Spot gold climbed 1.3% to $2,742.48 per ounce by 02:36 p.m. ET (1936 GMT), reaching its highest level …
Gold hits over 2-month high on Trump policy risks, weak dollar Read More »
(Reuters) – Billionaire Sajjan Jindal-led JSW Group said on Tuesday that it will invest 3 trillion rupees ($34.67 billion) in the Indian state of Maharashtra to expand the conglomerate’s presence in electric vehicles, batteries, steel, and green energy sectors. The ports-to-cement JSW conglomerate and the government of the western Indian state of Maharashtra – home …
JSW Group to invest $35 billion in India’s Maharashtra state Read More »
BUENOS AIRES (Reuters) – Argentina’s state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 million metric tons of liquefied natural gas (LNG) per year, the company said on Tuesday. YPF Chief Executive Horacio Marin inked the deal in New Delhi with executives from Oil and …
Argentina’s YPF signs deal with Indian firms to export LNG Read More »
(Reuters) – India’s PNB Housing Finance reported a 43% jump in third-quarter profit on Tuesday, helped by strong demand for home loans. The housing financier reported consolidated net profit of 4.83 billion rupees($55.8 million) for the quarter ended Dec. 31, compared to 3.38 billion rupees a year ago. Demand for homes in India, especially premium …
India’s PNB Housing Finance posts higher Q3 profit on strong home loan demand Read More »
(Reuters) – India’s Dalmia Bharat signalled optimism in cement demand as well as prices and promised better quarters ahead on Tuesday, after its third-quarter profit nosedived. “Cement demand growth in Q3 fell short of our earlier expectations… With demand now gaining traction and prices showing signs of optimism, we are confident about a stronger performance …
India’s Dalmia Bharat signals better quarters ahead after Q3 earnings tumble Read More »
(Reuters) – India’s Tata Technologies reported a bigger-than-expected third-quarter profit, aided by improved demand in its services and technology segments. Tata Technologies provides engineering and technology services to automobile, aero and heavy machinery makers. Consolidated profit after tax fell marginally to 1.69 billion rupees ($19.52 million) in the October-December quarter, from 1.70 billion rupees a …
India’s Tata Technologies beats Q3 profit view on services, tech boost Read More »
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee shed much of its early gains to close largely unchanged on Tuesday as the U.S. dollar recovered after President Donald Trump said he was thinking about imposing tariffs on Canada and Mexico. The rupee closed at 86.5775 against the U.S. dollar, down from its close of …
Rupee ends little changed; dollar regains footing on Trump’s tariff plan Read More »
