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Olympics-Badminton-Win or lose, India’s Crasto promises a treat in Paris

By Adhirajnee Dasgupta NEW DELHI (Reuters) – India’s women’s badminton doubles pair Tanisha Crasto and Ashwini Ponnappa plan to treat triumph and disaster the same way at the Paris Olympics — albeit over a good meal. The two players were looking for a doubles partner, and some Asian food, in the southern city of Hyderabad …

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One dead from Nipah virus in India’s Kerala state, state health minister says on local TV

KOCHI, India (Reuters) – Authorities in southern India’s Kerala state are taking preventive steps after the death of a 14-year-old boy from the Nipah virus and the identification of 60 persons in the high-risk category, the state’s health minister said on Sunday. Parts of Kerala are among those most at risk globally for outbreaks of …

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Olympics-India not content with just qualifying for team events at Paris Games, says coach

By Aadi Nair (Reuters) – India will compete in the men’s and women’s table tennis team event at the Olympics for the first time at the Paris Games after climbing into the top 16 in the rankings, but coach Massimo Costantini is still not satisfied. India’s table tennis team have had some success at the …

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Air India ferry flight picks up stranded US-bound passengers from Russia

NEW DELHI (Reuters) -Air India said on Friday a plane sent to pick up passengers stranded in Russia has departed for San Francisco after the previous day’s flight made an emergency landing there. An Air India airplane flying from Delhi to the West Coast city made an emergency landing in Russia after the crew detected …

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India’s Wipro lags IT peers with Q1 revenue miss, shares tumble

By Haripriya Suresh and Sai Ishwarbharath B BENGALURU (Reuters) -Wipro missed quarterly revenue estimates on Friday due to weak demand in Europe and Asia-Pacific, highlighting the tough task its new boss faces as he tries to turn around the fortunes of India’s No.4 software services exporter. The company’s U.S.-listed shares tumbled about 10% in early …

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Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, CEO says

By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) – Insolvency proceedings against ed-tech giant Byju’s, once India’s biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters. Byju’s, backed by investors …

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India’s Reliance Jio posts bigger Q1 profit on subscriber additions

BENGALURU (Reuters) – India’s Reliance Jio Infocomm, the telecom business of Reliance Industries, reported a bigger first-quarter profit on Friday, as it signed on more subscribers. Jio, India’s largest telecom carrier by subscriber count, said its net profit climbed 12% year-on-year to 54.45 billion rupees ($651 million) in the April-June quarter. Its revenue from operations …

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All-time low possible amid dollar payments, decline in Asian peers

By Nimesh Vora MUMBAI (Reuters) – The Indian rupee may drop to a lifetime low on Friday, pressured by renewed weakness in Asian peers and expectations that dollar payments will persist. Non-deliverable forwards indicate the rupee will open at 83.67-83.68 to the U.S. dollar, inching past the all-time low of 83.6650 hit in June and …

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Cricket-Suryakumar takes over as India’s T20 captain ahead of Pandya

By Amlan Chakraborty NEW DELHI (Reuters) – Suryakumar Yadav was appointed India’s T20 captain on Thursday ahead of Hardik Pandya and his tenure will begin with a three-match series in Sri Lanka later this month. All-rounder Pandya was vice-captain of the Rohit Sharma-led India team, who won the T20 World Cup, beating South Africa in …

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India’s JSW Infrastructure posts Q1 profit fall on higher expenses

BENGALURU (Reuters) – JSW Infrastructure, India’s second-largest private port operator in terms of cargo handled, reported a nearly 9% fall in first-quarter profit on Thursday, hurt by higher expenses. Its consolidated net profit fell to 2.92 billion rupees (about $35 million) in the quarter ended June 30 from 3.21 billion rupees in the year-ago period. …

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