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BENGALURU/MUMBAI (Reuters) -An Indian tribunal on Monday dismissed an appeal from former Zee Group Chairman Subhash Chandra and Zee Entertainment Chief Executive Punit Goenka over a ban on the duo by India markets regulator from holding board positions in publicly listed companies. The Securities and Exchange Board of India (SEBI) on June 12 barred Chandra …

Indian court dismisses plea by Zee chairman, CEO over market regulator ban Read More »

(Reuters) – West Indies have included uncapped left-handed batsmen Kirk McKenzie and Alick Athanaze in their squad for the first match of their two-test series against India later this month. Rahkeem Cornwall, who played his last test in November 2021, and left-arm spinner Jomel Warrican, who missed the tour of South Africa in February, are …

Cricket-West Indies call up uncapped Athanaze, McKenzie for first test v India Read More »

By Kanishka Singh WASHINGTON (Reuters) – A senior U.S. diplomat will travel to India in the coming days and engage with its civil society over free speech and marginalization of minorities, after Indian Prime Minister Narendra Modi’s recent U.S. visit when he denied that abuse of religious minorities existed in his country. Uzra Zeya, U.S. …

Senior US diplomat heads to India to discuss free speech, minority rights Read More »

By Shilpa Jamkhandikar and Jatindra Dash MUMBAI (Reuters) -India’s federal police have arrested three railway employees on Friday in connection with the country’s deadliest train crash in two decades that killed 292 people last month, the crime agency said in a statement. The arrests were made under Indian penal code sections related to culpable homicide …

India’s federal police arrest three railway staff over deadly train crash Read More »

By Aditya Kalra and M. Sriram NEW DELHI (Reuters) -India’s Reliance Retail, run by Asia’s richest man Mukesh Ambani, has been valued at $92-96 billion by two global consultants, a source with direct knowledge of the matter told Reuters, in a move that could signal plans for an eventual IPO. Reliance had appointed independent valuers …

India’s Reliance Retail independently valued at $92-96 billion -source Read More »

BENGALURU (Reuters) -India’s biggest private lender HDFC Bank will replace Housing Development Finance Corp (HDFC) Ltd on MSCI Global Standard indexes from July 13, following the merger of two companies, an MSCI notice showed on Friday. HDFC and HDFC Bank completed their $40 billion merger, the largest in India’s corporate history on July 1 and …

India’s HDFC Bank to replace HDFC Ltd on MSCI indexes Read More »

BENGALURU (Reuters) – Indian Oil Corp (IOC) would raise up to 220 billion rupees ($2.66 billion) through a rights issue of shares, the state-owned refiner said on Friday. Last month, Reuters reported that the Indian government had kicked off its plan to fund energy transition projects of three big state refiners — IOC, Bharat Petroleum …

Indian Oil Corp to raise $2.7 billion through share sale Read More »