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India’s Canara Robeco jumps in trading debut, notches $681 million valuation

(Reuters) -Indian asset manager Canara Robeco’s shares jumped 13% in their trading debut on the National Stock Exchange on Thursday, valuing the company at around 60 billion rupees ($681.42 million). The Mumbai-based firm’s stock rose to 302 rupees, above the 266 rupee issue price. The listing follows its nearly $150 million IPO that was subscribed …

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Games-Ahmedabad, India recommended to host 2030 Commonwealth Games

By Shifa Jahan BENGALURU (Reuters) -The Indian city of Ahmedabad in the state of Gujarat has been recommended as the host city for the 2030 Centenary Commonwealth Games, the Commonwealth Sport Executive Board said on Wednesday. The board said it will propose Ahmedabad, also known as Amdavad, in the western Indian state of Gujarat, to …

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US-India expert who advised US administrations arrested over secret documents

WASHINGTON (Reuters) -A leading expert on U.S.-India relations who has advised successive U.S. administrations has been arrested and charged with unlawful retention of national defense information, including over a thousand pages of top secret and secret documents at his home, court documents showed. Ashley Tellis, 64, who served on the National Security Council of former …

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India’s Angel One profit halves as derivative curbs keep retail investors at bay

(Reuters) -Indian brokerage Angel One on Wednesday posted its third-straight quarterly profit decline, as last year’s curbs on equity derivatives trading continued to limit participation of retail investors. The company, which competes with startups such as Zerodha, Groww and Upstox, said its consolidated profit slumped 50% to 2.12 billion rupees ($24.08 million) for the three …

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Cricket-India’s Gambhir tightlipped about World Cup hopes of Kohli and Rohit

By Amlan Chakraborty NEW DELHI (Reuters) -The 2027 World Cup dreams of India’s batting stalwarts Virat Kohli and Rohit Sharma appear slim, with head coach Gautam Gambhir refusing to look that far even if he does not doubt their quality. Both Kohli and Rohit are active internationally only in the 50-overs format, but India appear …

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At least 19 dead after bus catches fire in India’s Rajasthan, NDTV reports

(Reuters) -At least 19 people died on Tuesday afternoon when a private bus in the western Indian state of Rajasthan caught fire, Indian broadcaster NDTV said, citing the police. The bus was travelling from Jaisalmer to Jodhpur with 57 passengers on board when smoke emerged from the rear of the vehicle. The driver stopped the …

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Cricket-Gambhir lauds Gill’s captaincy after sweeping West Indies series

By Amlan Chakraborty NEW DELHI (Reuters) -India head coach Gautam Gambhir heaped praise on Shubman Gill’s leadership following their 2-0 test series sweep against West Indies at the Arun Jaitley Stadium on Tuesday. The seven-wicket victory was the perfect birthday gift for Gambhir, who turned 44, at his home ground where the former India batter …

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WHO warns of contaminated India cough syrups

(Corrects Chhindwara to ‘district’, not ‘city’ in paragraph 4) (Reuters) -The World Health Organization on Monday issued a health advisory warning about three contaminated cough syrups identified in India, urging authorities to report any detection of these medicines in their countries to the health agency. The WHO said the affected medicines are specific batches of …

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