BENGALURU (Reuters) – Indian courier services provider Blue Dart Express reported a 28.2% fall in quarterly profit on Wednesday, as high fuel costs hit margins, while demand also slowed. Net profit fell — for the first time since June 2020 — to 886.6 million rupees ($10.87 million) for the three months ended Dec. 31 from …
India’s Blue Dart Express Q3 profit falls on higher expenses Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares sank more than 1% on Wednesday, dragged down by Adani group stocks after a short-seller raised fresh concerns about the group’s debt in a report that had a ripple effect across the market. The Nifty 50 index was down 1.15% at 17,911.55 as of 12:05 p.m. IST, while …
Adani group stocks drag Indian shares to 1-week low Read More »
By Saurabh Sharma LUCKNOW, India (Reuters) -Rescue workers pulled 12 people, including two children, out of the rubble after a residential apartment block collapsed in the northern Indian city of Lucknow, but more were feared trapped inside, a local police official said on Tuesday. At least 12 more people were feared trapped, the official said, …
Twelve rescued after building collapses in India; more feared trapped Read More »
NEW DELHI (Reuters) -A top Indian university cut off power and internet supply on campus on Tuesday before a screening by its students’ union of a BBC documentary on Prime Minister Narendra Modi that India has dismissed as propaganda, broadcaster NDTV reported. The Jawaharlal Nehru University (JNU) in the capital New Delhi had threatened disciplinary …
Indian university reports power cut ahead of Modi documentary screening Read More »
NEW DELHI (Reuters) – The Twitter account of leading Bollywood actress Kangana Ranaut has been restored two years after she was banned following a tweet urging Prime Minister Narendra Modi to subdue one of his political opponents. Ranaut sent a screen-shot of her Twitter handle @KanganaTeam from her Instagram account on Tuesday and said she …
Twitter account of Indian actress Ranaut restored after two-year ban Read More »
NEW DELHI (Reuters) – India’s government on Tuesday tested locally developed mobile operating system BharOS, a move seen as challenging the dominance of Google’s Android just days after the U.S. giant suffered a major antitrust setback in the country. The government endorsement of the operating system comes after Google lost its fight in India’s Supreme …
India tests domestic operating system days after Google’s antitrust setback Read More »
India captain Rohit Sharma and opener Shubman Gill each scored a century as they defeated New Zealand by 90 runs in the final one-day international in Indore on Tuesday, completing a 3-0 series sweep. Young gun Gill made 112, six days after scoring a double ton in the first game, while Rohit hit 101 as …
Cricket-India thrash New Zealand by 90 runs to complete ODI series sweep Read More »
MOSCOW (Reuters) -Urals and KEBCO crude oil loadings from Russia’s Baltic ports of Primorsk and Ust-Luga are set to rise by 50% this month from December as sellers try to meet strong demand in Asia and benefit from rising global energy prices, traders said and Reuters calculations showed. Around 70% of January cargoes of Urals …
Russia ramps up January oil exports, India remains top buyer Read More »
By Sumit Khanna and Shivam Patel AHMEDABAD/NEW DELHI (Reuters) – Police in India aim to arrest the boss of a clock-making company that managed a colonial-era footbridge in a small industrial town in Gujarat until it collapsed last year, killing at least 135 people, two senior police officials told Reuters. The 145-year-old suspension bridge in …
India police to arrest boss of clock-making firm over bridge collapse Read More »
BENGALURU (Reuters) – India’s top carmaker Maruti Suzuki on Monday said it was recalling 11,177 Grand Vitara vehicles to address a possible defect in rear seat belt mounting brackets, its second recall within a week. In a rare case, the brackets may loosen in the long run and impair the seat belt’s functionality, Maruti said. …
Maruti Suzuki India to recall 11,177 Grand Vitara SUVs to fix seat belt defect Read More »
