By Sarah N. Lynch WASHINGTON (Reuters) – The FBI is investigating an Aug. 11 drive-by shooting that targeted a California activist with close ties to Sikh separatist leader Hardeep Singh Nijjar, who was fatally shot last year in a killing that Canadian Prime Minister Justin Trudeau has said could be linked to India. In an …
FBI probing drive-by attack on Sikh separatist in California Read More »
By Tom Balmforth and Pavel Polityuk KYIV (Reuters) -India’s Narendra Modi urged President Volodymyr Zelenskiy on Friday to sit down for talks with Russia to end the war in Ukraine and offered to act as a friend to help bring peace as the two leaders met in wartime Kyiv. The first visit by an Indian …
In Kyiv, Indian PM urges Zelenskiy to sit down for talks with Russia Read More »
By Aditya Kalra NEW DELHI (Reuters) – SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, three people familiar with the matter said. The deal would make it one of biggest Indian initial public offerings this year. Swiggy competes with …
Swiggy targets $15 billion valuation in India IPO, sources say Read More »
MUMBAI (Reuters) – India’s foreign exchange reserves rose by $4.5 billion and stood at $674.66 billion as of Aug. 16, but were just shy of record highs, data from the Reserve Bank of India showed on Friday. The forex reserves had fallen by $4.8 billion in the previous week, the biggest decline in four months. …
India’s forex reserves rise to $674.66 billion as of Aug 16 Read More »
KYIV (Reuters) – India’s Prime Minister Narendra Modi has arrived in Kyiv for talks with President Volodymyr Zelenskiy, senior lawmaker Oleksiy Honcharenko said on Friday. It is the first trip by an Indian prime minister to Ukraine since Kyiv gained independence from the Soviet Union in 1991. (Reporting by Pavel Polityuk; Editing by Christina Fincher)
By Rishika Sadam and Shivam Patel HYDERABAD/NEW DELHI (Reuters) -An explosion at a pharmaceutical factory in southern India on Wednesday, which killed at least 17 people and injured 36, was due to a chemical solvent leak, according to an internal government report accessed by Reuters on Thursday. The blast came around noon at the privately-held …
Deadly Indian pharmaceutical blast blamed on chemical solvent leak Read More »
By Manoj Kumar and Francis Mascarenhas NEW DELHI/MUMBAI (Reuters) – More than 1,000 Indian opposition party supporters demonstrated in New Delhi, Mumbai and other state capitals on Thursday, demanding a probe into the market regulator chief’s alleged conflict of interest in investigating the Adani Group. The regulator is investigating allegations by U.S.-based short-seller Hindenburg Research, …
By Swati Bhat MUMBAI (Reuters) – Rising food prices have prevented India’s headline inflation from hitting the central bank’s 4% target, requiring the monetary policy committee (MPC) to stick to its restrictive stance, minutes of the Reserve Bank of India’s August meeting showed. “Persistent food inflation is imparting stickiness to headline inflation,” Governor Shaktikanta Das …
High food prices in India threaten overall inflation outlook, say rate panel members Read More »
By Aditya Kalra NEW DELHI (Reuters) -Disney and Reliance have offered some concessions to secure an India antitrust approval for their $8.5 billion media merger, but are unwilling to sell any cricket broadcast rights, the biggest prize in the deal, two sources familiar with matter said. Reuters reported earlier this week that the Competition Commission …
Exclusive-Disney-Reliance offer concessions for India merger, but no cricket rights sale Read More »
(This Aug. 21 story has been refiled to fix syntax in paragraph 2) BENGALURU (Reuters) – A Warburg Pincus affiliate will sell 2.36% of its stake in Kalyan Jewellers for 13 billion rupees ($155 million) to another large stakeholder at a 2% discount to Wednesday’s closing price, the Indian company said. The deal will see …
Warburg Pincus affiliate divests 2.36% in India’s Kalyan Jewellers (Aug. 21) Read More »
