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Cricket-Buttler roars back into form as Rajasthan remain unbeaten

NEW DELHI (Reuters) – Jos Buttler was a much relieved man on Saturday after the Rajasthan Royals opener roared back into form with a scintillating hundred to fashion his team’s fourth consecutive victory in the ongoing Indian Premier League (IPL). The England white-ball captain managed scores of 11, 11 and 13 in his first three …

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India’s space startup Agnikul delays maiden rocket launch again

(Reuters) – Indian aerospace startup Agnikul Cosmos postponed the maiden launch of its Agnibaan rocket again, people at the launch site said on Saturday, citing technical issues. The company postponed the liftoff while conducting pre-launch checks, the people said. The rocket maker delayed the Agnibaan launch last month without giving a clear reason. As Prime …

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India’s Congress pledges to step up affirmative action if voted back to power

By Shivangi Acharya NEW DELHI (Reuters) -India’s opposition Congress party promised on Friday to lift a cap on affirmative action for marginalised castes if it wins power, although Prime Minister Narendra Modi is expected to sweep back into office in elections starting this month. Congress, which had ruled India for more than 50 years with …

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Bollywood plays its part in India election season dominated by Modi

By Shilpa Jamkhandikar MUMBAI (Reuters) – A Bollywood film about young Indian women recruited by Islamic State has sparked renewed controversy ahead of India’s elections, with the opposition saying its screening on national TV on Friday night could “sow seeds of religious animosity”. Prime Minister Narendra Modi’s Hindu nationalist Bharatiya Janata Party (BJP) is widely …

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India’s Zee to trim 15% of workforce in structural overhaul

BENGALURU (Reuters) -Indian broadcaster Zee Entertainment will cut 15% of its workforce, it said on Friday, in its latest bid to trim costs. The company had a total headcount of 4,577 employees, according to its last published annual report. It did not provide the latest headcount number in its statement. In March, a company-formed review …

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India’s Bandhan Bank CEO Chandra Shekhar Ghosh to retire in July

BENGALURU (Reuters) – India’s Bandhan Bank said on Friday its Managing Director and Chief Executive Chandra Shekhar Ghosh would retire on July 9, after spending nearly a decade at the lender. According to protocol, the bank is required to submit nominations for a potential replacement to the Reserve Bank of India, which will give a …

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Indian banks’ loans rose 20.2% y/y in two weeks to March 22 – central bank

April 5 (Reuters) – Indian banks’ loans rose 20.2% in the two weeks to March 22 from a year earlier, while deposits rose 13.5%, the Reserve Bank of India’s weekly statistical supplement showed on Friday. Outstanding loans rose 1.21 trillion rupees ($14.54 billion) to 164.35 trillion rupees in the two weeks to March 22. Non-food …

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India’s Adani Wilmar sees double-digit percentage growth in Q4 edible oil sales

BENGALURU (Reuters) – India’s Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season in the world’s biggest importer. The consumer goods maker said it bagged strong growth in both its edible oils and foods businesses, aided by strong demand during the festival of …

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