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By Arpan Chaturvedi NEW DELHI (Reuters) – India’s Supreme Court will consider petitions next week against a government order blocking the sharing of clips of a BBC documentary that questioned Prime Minister Narendra Modi’s leadership during riots in 2002 in the western state of Gujarat. The government has dismissed as a biased “propaganda piece” the …

India’s top court to consider cases against block on BBC documentary Read More »

(Reuters) – Apple-supplier Jabil Inc’s India unit has begun making components for AirPods in the country and is shipping plastic bodies or enclosures for AirPods to China and Vietnam, Bloomberg News reported on Sunday, citing people familiar with the matter. Apple Inc and Jabil did not immediately respond to a Reuters request for comment. The …

Apple’s India supplier Jabil making AirPods parts for export-Bloomberg Read More »

(Reuters) – Half-centuries from Devon Conway and Daryl Mitchell powered New Zealand to a 21-run win over India in a Twenty20 international in Ranchi on Friday, giving them a 1-0 lead in the three-match series. Put into bat, New Zealand started strongly with a 43-run opening partnership between Finn Allen (35) and Conway (52), before …

Cricket-Conway, Mitchell power NZ to win over India in first T20 Read More »

By Nupur Anand and Siddhi Nayak MUMBAI (Reuters) – Some of India’s leading public sector banks said on Friday their exposure to the Adani Group was within the limits prescribed by the central bank, assuaging fears of default risks from their exposure to the conglomerate. The ports-to-energy conglomerate, helmed by Gautam Adani – one of …

India’s top banks say Adani exposure within RBI limits but remain watchful Read More »

BENGALURU (Reuters) – Indian metals-to-oil conglomerate Vedanta Ltd reported a near 41% drop in third-quarter profit on Friday, hit by a fall in commodity prices. The Anil Agarwal-led firm’s consolidated net profit fell to 24.64 billion rupees ($302.33 million) for the quarter ended Dec. 31 from 41.64 billion a year earlier, Vedanta said in an …

India’s Vedanta profit plummets 41% on soft metal prices Read More »

MUMBAI (Reuters) – Equity mutual funds in India will be settled within two days starting February, instead of the prevalent three day settlement cycle, an industry body said on Friday. The move for a shorter settlement period for equity mutual funds follows Indian markets completing a shift to a one-day settlement cycle on Friday. “It …

India’s equity Mutual Funds to move to two-day settlement Read More »