By Subrata Nag Choudhury KOLKATA (Reuters) – The father of the doctor who was raped and murdered in India’s Kolkata city said late Wednesday night that police rushed the family into cremating her even though they wanted to keep her body for some time. Officers from Kolkata police did not respond to Reuters’ requests for …
Family of slain Kolkata doctor says police rushed them into cremation Read More »
By Nandan Mandayam BENGALURU (Reuters) -Stung by leftover inventory and unsure about consumer spending, India’s auto dealers are worried about having to discount more to boost demand in the upcoming festive season, a representative of the dealers’ body said on Thursday. The double whammy of higher inventory costs and deeper discounts is a nightmare for …
Indian car dealers worry about deeper discounts as sales slump Read More »
By Bharath Rajeswaran and Manvi Pant BENGALURU (Reuters) -India’s benchmark indexes ended marginally lower on Thursday as investors awaited further clarity on the health of the U.S. economy. The Nifty 50 index lost 0.21% to 25,145.10 points, while the S&P BSE Sensex shed 0.18% to 82,201.16. The indexes posted a second consecutive session of losses …
Indian shares slip again as investors await clarity on US economy Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee ended at its record closing low on Thursday, but was little changed versus the previous session, as the central bank’s intervention helped negate the incessant dollar demand from importers. The rupee ended at 83.9825 to the U.S. dollar compared to 83.9650 in the previous session. Intraday …
Rupee ends nearly flat as cenbank absorbs importers’ dollar demand Read More »
BENGALURU (Reuters) -Online travel agency Easy Trip Planners said on Thursday it will invest 2 billion rupees ($23.8 million) to manufacture electric buses in India, sending its shares up as much as 14%. The investment will be made over two to three years for the setting up a manufacturing plant, research and product development, the company, which operates the …
India’s Easy Trip Planners to make electric buses; shares jump Read More »
BENGALURU (Reuters) -India’s Reliance Industries, the country’s most valuable company, on Thursday approved a one-for-one issue of bonus shares and recommended an increase in authorised share capital. The board recommended an increase in authorized share capital to 500 billion rupees ($5.96 billion) from 150 billion rupees. This is the oil-to-chemicals conglomerate’s first bonus issue since …
India’s Reliance Industries approves bonus share issue in 1:1 ratio Read More »
BENGALURU (Reuters) -India’s Adani Group is in talks with more than 10 global banks to raise at least $1.5 billion through dollar bond sales, Bloomberg News reported on Thursday, citing people familiar with the plans. The bonds would be issued mainly under Adani Green Energy and Adani Energy Solutions, the group’s renewable energy and power …
India’s Adani Group to raise at least $1.5 billion via dollar bonds, says Bloomberg News Read More »
MOSCOW (Reuters) – An Air India Boeing 787-800 passenger plane en route from India to Britain made a precautionary landing in Moscow on Wednesday due to “technical problems”, Sheremetyevo Airport said. The plane, en route from New Delhi to Birmingham, landed safely without any injuries to all 258 passengers and 17 crew members. The scheduled …
UK-bound Air India plane makes emergency landing in Moscow Read More »
BENGALURU (Reuters) -Reliance Industries has won a bid under an incentives program which supports EV battery production, a statement from the Indian government said on Wednesday. Earlier this year, seven companies submitted bids to set up local manufacturing units for the production of advanced chemistry cells, or ACCs, under the government’s production-linked incentive (PLI) scheme. …
India’s Reliance wins bid for govt incentives to make EV batteries Read More »
MUMBAI (Reuters) -Netflix said on Tuesday it will add new disclaimers to an Indian series about a plane hijack after social media outrage and government anger over what they said was Muslim hijackers being shown as Hindus. The series, called “IC-814: The Kandahar Hijack,” a fictionalised version of the 1999 hijacking of Indian Airlines flight …
Netflix will add disclaimers to Indian hijack drama after outrage over Hindu names Read More »
