By Amlan Chakraborty NEW DELHI (Reuters) -Usman Khawaja struck an enterprising 81 and Peter Handscomb made an unbeaten 72 as Australia laboured to a modest 263 all out on the opening day of the second test against India in New Delhi on Friday. While the total did not quite vindicate Pat Cummins’ decision to bat …
Cricket-Australia score modest 263 underpinned by Khawaja, Handscomb Read More »
By Aftab Ahmed and YP Rajesh NEW DELHI (Reuters) -India’s tax authority said on Friday it found evidence of unpaid taxes and undisclosed income in the records of an “international media company”, a day after inspectors concluded a three-day search of BBC offices in Mumbai and New Delhi. The tax probe came after India reacted …
Without naming BBC, India cites evidence of media firm’s unpaid tax Read More »
By Aftab Ahmed NEW DELHI (Reuters) -Indian tax officials on Thursday left the BBC’s offices in New Delhi and Mumbai, after a three-day inspection that involved the cloning of data from some digital devices, the tax department said. The inspection came weeks after the government reacted angrily to a BBC documentary about Prime Minister Narendra …
Indian tax officials end ‘stressful’ 3-day BBC inspection Read More »
NEW DELHI – Prime Minister Narendra Modi’s party accused billionaire financier-philanthropist George Soros of trying to undermine India’s democracy on Friday by predicting that the Adani group’s woes would loosen the Hindu nationalist leader’s grip on power. Speaking at the Munich Security Conference on Thursday, 92-year-old Soros said “Modi and business tycoon Adani are close …
India’s BJP slams Soros for saying Adani’s troubles will weaken Modi Read More »
By Amlan Chakraborty NEW DELHI (Reuters) – Cheteshwar Pujara does not fit into the popular image of a modern-day cricketer — the muscle-flaunting and social media-savvy lot — but is on the verge of a milestone that would be the stuff of dreams for most of them. Some 13 years after his debut against a …
Cricket-Slow but steady, India’s Pujara constructs another test hundred Read More »
By Praveen Paramasivam and Anisha Ajith CHENNAI/BENGALURU (Reuters) – A nascent revival in rural demand is likely to prop profits at Indian consumer goods companies in the March quarter, as improving income and credit disbursal allow buyers to spend more on branded oils, tea, snacks and soaps. Cinthol soap-maker Godrej Consumer Products Ltd and Parachute …
Indian consumer goods makers bet on rural recovery to lift profits Read More »
By Sarita Chaganti Singh NEW DELHI (Reuters) -India will exclude renewable power companies from government contracts for between three and five years if they do not meet project completion deadlines, a government order seen by Reuters shows, as the country looks to speed up green power projects. “If any renewable energy project is not completed …
India to blacklist renewable firms for missing project deadlines Read More »
(This Feb. 15 story has been corrected to clarify that the outlook is for the overall pharmacy business, not the online pharmacy segment, in the headline and paragraph 1) By Anuran Sadhu BENGALURU (Reuters) – India’s Apollo Hospitals Enterprise Ltd aims to make its pharmacy business profitable by the end of the next financial year, …
By YP Rajesh and Aditya Kalra NEW DELHI (Reuters) – India embarked on an income tax survey of BBC offices after the British news organisation failed to offer a convincing response to earlier tax notices, a government official said on Wednesday, weeks after India blocked a BBC documentary as propaganda. Tax officials searched BBC premises …
Indian tax probe of BBC a follow-up, not vindictive – govt official Read More »
BENGALURU (Reuters) – The wife of IndiGo’s co-founder is likely to sell a 4% stake in the Indian carrier’s parent, InterGlobe Aviation Ltd, for 29.30 billion rupees ($353.8 million) through a block deal, CNBC-TV18 reported on Wednesday, citing sources. The offer floor price for the sale by Shobha Gangwal, the wife of IndiGo co-founder Rakesh …
IndiGo co-founder’s wife to sell 4% stake in Indian carrier -report Read More »
