By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee reversed course to fall on Friday, erasing its weekly gains, as risk sentiment worsened on worries over the health of the financial sector in the United States and Europe. The rupee closed at 82.48 per dollar, as compared with Thursday’s close of 82.2625. The Indian currency …
Rupee erases weekly gains as banking worries come to fore Read More »
By Aditya Kalra and M. Sriram NEW DELHI/MUMBAI (Reuters) – Five executives at India’s Nykaa have resigned, a spokesperson said on Friday, the latest departures at the beauty company amid intensifying competition and a falling stock price. Among the exits are Chief Commercial Operations Officer Manoj Gandhi, Chief Business Officer of fashion division Gopal Asthana, …
Five executives at India’s Nykaa resign in latest departures Read More »
NEW DELHI (Reuters) – India’s parliament on Friday disqualified opposition Congress party leader Rahul Gandhi as a lawmaker after a lower court found him guilty of defamation and sentenced him to two years in prison, according to a parliament notice. Gandhi, 52, a scion of the Nehru-Gandhi political dynasty, was convicted on Thursday for a …
India’s parliament disqualifies opposition leader Rahul Gandhi Read More »
By Krishn Kaushik NEW DELHI (Reuters) – Russia is unable to deliver vital defence supplies it had committed to India’s military because of the war in Ukraine, the Indian Air Force (IAF) says. New Delhi has been worried that Moscow’s invasion of Ukraine in February 2022 could affect military supplies from India’s largest source of …
Russia cannot meet arms delivery commitments because of war, Indian Air Force says Read More »
BENGALURU (Reuters) -Indian salt-to-software conglomerate Tata Group is considering injecting another $2 billion into its super app venture to bolster its digital business, Bloomberg News reported on Thursday, citing people familiar with the matter. The funds would help the group’s online platform Tata Neu strengthen its digital offerings, fix technical glitches, and meet any new …
India’s Tata Group mulls pumping $2 billion into super app venture -Bloomberg News Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee saw its best trading session in three weeks on Thursday, as Asian currencies firmed on anticipation that the U.S. Federal Reserve was near the end of its rate hiking cycle. The rupee ended at 82.2625 per dollar, compared with its previous close of 82.6550. Lack of …
Rupee logs best day in three weeks on rising bets of Fed pause Read More »
By Sethuraman N R and Anisha Ajith BENGALURU (Reuters) – India’s open e-commerce network ONDC on Thursday marked its foray into the mobility sector, tying up with a ride-hailing company in the tech city of Bengaluru to help local businesses take on the likes of Uber Technologies. ONDC is in talks with more companies in …
India govt’s open e-commerce network ONDC expands into mobility Read More »
NEW DELHI (Reuters) – India captain Rohit Sharma said his team mates should consider skipping the occasional match during the Indian Premier League (IPL) to manage their workload ahead of the Cricket World Cup on home soil later this year. A recurring back injury kept middle order batter Shreyas Iyer out of the home one-day …
Cricket-Rohit wants India’s IPL players to manage workload ahead of World Cup Read More »
By Ian Ransom MELBOURNE (Reuters) – Australia leave India with the world number one ranking in one-day cricket and will return to the subcontinent for this year’s World Cup with confidence after edging the hosts 2-1 in the series. Australian white ball cricket looked to be at a crossroads only a few months ago, with …
Cricket-Australia back on top ahead of ODI World Cup Read More »
NEW DELHI (Reuters) – India’s New Delhi, the world’s most polluted capital, is betting on expanding its fleet of electric buses and using more solar power in the next three years to improve the city’s air quality, its finance minister said on Wednesday. The local government said it wants a 27-fold increase in the number …
India’s capital bets on more e-buses, solar energy to curb pollution Read More »
