By VarunVyas Hebbalalu and Chris Thomas BENGALURU (Reuters) -India’s Joyalukkas has withdrawn its 23 billion rupee ($278 million) initial public offering (IPO), with the jewellery retailer saying it needed more time to incorporate substantial changes to its financial results. The company plans to refile its IPO documents “at the earliest, subject to market conditions,” Chief …
Indian jeweller Joyalukkas withdraws $278 million IPO Read More »
By Simon Jennings (Reuters) – India’s “very strong mobile market” is one of the main factors behind Formula One launching its TV streaming product F1 TV in the country, the sport’s director of media rights Ian Holmes told Reuters. Formula One has enjoyed increasing popularity in India, with the country hosting Formula One races at …
Motor racing-Formula One launch F1 TV in India, target ‘strong mobile market’ Read More »
By Nidhi Verma BARMER, India (Reuters) – India’s state-run Hindustan Petroleum Corp is facing difficulties in paying for Russian oil imports following a Dec. 5 price cap imposed by Western nations as banks shy away from processing payments, a company official said on Tuesday. While Western sanctions against Moscow are not recognised by India – …
India’s HPCL faces challenges paying for Russian oil as banks baulk – co source Read More »
By Sethuraman N R BENGALURU (Reuters) -Indian shares edged up on Tuesday, led by gains in beaten-down metal stocks, while investors waited for minutes from the U.S. Federal Reserve’s latest monetary policy to get cues on the central bank’s future rate-hike path. The Nifty 50 index was up 0.3% at 17,894.50, while the S&P BSE …
Indian shares rise as metals gain; Fed minutes awaited Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee was barely changed to the U.S. dollar on Tuesday despite its weak Asian peers, on expectations that the local currency remained well supported at near to current levels. The rupee was at 82.7475 to the dollar at 10:08 a.m. IST, almost unchanged from 82.7225 in the …
Rupee once again unmoved by dollar’s broad strength Read More »
By Neha Arora NEW DELHI (Reuters) – India’s imports of Russian steel rose to an eight-year high during the first 10 months of the financial year that began in April 2022, government data compiled by Reuters showed. India, the world’s second-largest crude steel producer, imported 281,000 tonnes of steel from Russia between April and January, …
India steel imports from Russia rise to eight-year high in April-Jan Read More »
MELBOURNE (Reuters) -Fast bowler Josh Hazlewood will take no further part in Australia’s increasingly ill-fated tour of India and will return home after failing to recover from an Achilles injury, the team said on Monday. Captain Pat Cummins will also be returning to Australia due to a serious family illness but will be back in …
Cricket-Australia’s Hazlewood out of India tour, Cummins makes quick trip home Read More »
DUBAI (Reuters) – Iranian Foreign Minister Hossein Amirabdollahian will not attend the Raisina Dialogue in India, Iran’s foreign ministry spokesperson said on Monday, criticising a video posted by the conference organisers showing protests in the Islamic Republic. The annual geopolitical meeting, to be hosted next month by the Indian foreign ministry and the Observer Research …
Iran to shun India’s Raisina Dialogue over mention of protests Read More »
By Rajendra Jadhav SANGLI/SATARA/SOLAPUR (Reuters) – India is set to produce lesser sugar than previously estimated by industry bodies and government agencies, with the cane crop maturing early and losing weight due to weather conditions in key growing regions, farmers and traders told Reuters. Lower sugar output could prevent the world’s second-biggest exporter from allowing …
India’s sugar output could fall further as cane matures early Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee inched up on Monday, tracking Asian peers as the dollar index stalled after a recent rally, with investors awaiting minutes of the Federal Reserve meeting due mid-week. The rupee finished at 82.7225 per U.S. dollar, compared with its previous close of 82.83. Asian currencies recovered slightly …
Rupee nudges higher as dollar dips; eyes on Fed minutes Read More »
