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BEIJING (Reuters) – China Foreign Minister Wang Yi said it is hoped that China and India will work in the same direction and explore how the neighbouring countries can get along, according to a statement. Wang, in talks with his Indian counterpart, said China-India relations have an important impact beyond the bilateral scope, according to …

China, India should work in same direction, relations have an important impact, says Wang Read More »

By Amlan Chakraborty PARIS (Reuters) – India’s athletes are being told that plenty of shut-eye could be the foundation for Olympic success and the team has roped in sleep therapist Monika Sharma to keep them at their sharpest in Paris. Sharma says her appointment might be groundbreaking for India but is in line with what …

Olympics-India get sleep doctor on board to put performance anxiety to bed Read More »

By Manoj Kumar and Nikunj Ohri NEW DELHI (Reuters) – India will not sign a global corporate tax deal focused on highly profitable multinational firms unless its concerns on dispute resolution and the treatment of withholding tax are addressed, a finance ministry official said on Thursday. The so-called “Pillar 1” arrangement, part of a 2021 …

India will not sign global tax deal until its concerns are addressed, official says Read More »

BENGALURU (Reuters) – Indian real estate company DLF Ltd posted a 4% fall in quarterly revenue on Thursday due to subdued launches, while higher prices dented sales in the National Capital Region, its primary market. The company’s consolidated revenue from operations fell to 13.62 billion rupees ($162.62 million) in the April-June quarter from 14.23 billion …

India’s DLF posts Q1 revenue fall as price hikes dampen demand Read More »

BENGALURU (Reuters) – India’s Tech Mahindra reported its smallest revenue fall in four quarters on Thursday, helped by its manufacturing and healthcare segments, as the company signalled the return of client spending in its key U.S. market. Consolidated revenue in the first quarter fell 1.2% to 130.05 billion rupees ($1.55 billion), beating analysts’ average estimates …

India’s Tech Mahindra beats Q1 revenue view, expects “better” FY25 Read More »

By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – India’s IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said. Ola’s founder Bhavish Aggarwal laid out plans in 2022 to launch an electric sports …

SoftBank-backed Ola Electric suspends India car project to focus on scooters, bikes, sources say Read More »