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Two Indian soldiers killed, four injured in operation against militants in Kashmir

5 May 2023

(Reuters) -Two Indian Army soldiers were killed and four injured during an operation against militants in Kashmir on Friday, the army said. Indian defence forces have launched various operations in the Rajouri sector of the Himalayan region after unidentified shooters last month opened fire at an Indian Army vehicle, killing at least five soldiers. In …

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Indian army steps in to quell violence in northeastern state of Manipur

4 May 2023

By Zarir Hussain and Krishn Kaushik GUWAHATI, India (Reuters) – Soldiers of the Indian Army held flag marches and evacuated thousands of civilians amid a dawn-to-dusk curfew to quell violence between tribal and non-tribal groups in the remote northeastern state of Manipur, officials said on Thursday. Violence initially broke out during a protest march on …

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Indian army helicopter makes ‘hard landing’, one dead

4 May 2023

SRINAGAR (Reuters) -An Indian army helicopter made a “hard landing” in a remote part of Indian Kashmir on Thursday, killing one person and injuring two pilots on board, the army said. The domestically produced Advanced Light Helicopter (ALH) reported a technical fault to air traffic control and made a precautionary landing on the banks of …

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Eurasian foreign ministers gather in India on regional security

4 May 2023

By Krishn Kaushik GOA, India (Reuters) -Foreign ministers of the Shanghai Cooperation Organisation gathered in India on Thursday to discuss regional security matters, including adding Iran and Belarus to a union of nations seen as a counterweight to Western influence in Eurasia. The SCO is a political and security union of countries spanning much of …

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India’s TVS Motor posts 50% jump in Q4 profit as scooter demand surge

4 May 2023

CHENNAI (Reuters) – TVS Motor Co Ltd reported a near-50% jump in quarterly profit on Thursday, as people bought more of its scooters and electric two-wheelers even after Indian manufacturers raised product prices. The company’s profit climbed to 4.1 billion rupees ($50.17 million) for the quarter ended March 31, from 2.75 billion rupees, a year …

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India’s Hero MotoCorp posts Q4 profit beat on higher vehicle sales

4 May 2023

BENGALURU (Reuters) -India’s Hero MotoCorp Ltd reported a bigger-than-expected 37% rise in fourth-quarter profit on Thursday, helped by higher domestic vehicle sales. The world’s largest two-wheeler maker by sales said its profit rose to 8.59 billion rupees ($105.12 million) for the quarter ended March 31, beating analyst expectations of 7.35 billion rupees according to Refinitiv …

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ABB India’s Q1 pre-tax profit surges 66% on strong order wins

3 May 2023

BENGALURU (Reuters) – ABB India on Wednesday reported a 66% surge in first-quarter pre-tax profit, as order wins at the technology firm surged on strong demand for its mainstay electrification and automation businesses. ABB India, a unit of ABB Ltd, reported pre-tax profit, before exceptional items, of 3.28 billion rupees ($40.12 million) for the three …

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