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By Arpan Chaturvedi and Tanvi Mehta NEW DELHI (Reuters) – India’s top court has reiterated its backing for lawyer Saurabh Kirpal to be appointed as a judge at the Delhi High Court even after the federal government made objections to his candidature. Kirpal’s name was first cleared in 2017 and was approved by the Supreme …

Top India court backs gay lawyer’s appointment over govt objections Read More »

MUMBAI (Reuters) – India’s Housing Development Finance Corp (HDFC) will return to bond market after a gap of two months, three merchant bankers said on Friday. The company plans to raise at least 30 billion rupees ($369.26 million) through bonds maturing in 10 years, they added. The housing financier is likely to invite the coupon …

HDFC likely to raise at least 30 billion rupees via bonds next week – sources Read More »

By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) -India is not looking at allowing more sugar exports, government and industry officials said on Thursday, dampening speculation that the world’s biggest producer of the sweetener would permit a second tranche of overseas shipments. India, the world’s biggest sugar exporter after Brazil, exported a record 11 …

Exclusive-India likely to keep lid on sugar exports as output dips- sources Read More »

NEW DELHI (Reuters) – Olympic medal-winning Indian wrestlers have accused the chief of their sport’s governing body and its coaches of sexually harassing female players and have vowed to protest until the federation is disbanded and its head investigated. Olympic bronze winners Sakshi Malik and Bajrang Punia, and Commonwealth Games women’s gold winner Vinesh Phogat, …

Top Indian wrestlers accuse sports body chief of sexual harassment Read More »

NEW DELHI (Reuters) -India’s foreign ministry on Thursday dismissed a BBC documentary on Prime Minister Narendra Modi which questioned his leadership during the 2002 Gujarat riots as “propaganda”. Modi was the chief minister of the western state of Gujarat when it was gripped by communal riots that left more than 1,000 people dead – most …

India says BBC documentary on India PM Modi is “propaganda” Read More »

By Praveen Paramasivam and Meenakshi Maidas BENGALURU (Reuters) -India’s Hindustan Unilever (HUL) posted a bigger-than-expected quarterly profit on Thursday, helped by growing demand for its personal care products, and said it would pay higher royalty fees to parent Unilever. Mumbai-based HUL said the royalty and central services fees it pays UK-based Unilever, which has a …

Unilever India posts Q3 profit beat, to pay higher royalties to UK parent Read More »

By Shivam Patel NEW DELHI (Reuters) – India is set to overtake China as the world’s most populous country this year, but a small state in the South Asian nation’s mountainous northeast is worried about its shrinking indigenous communities and urging them to have more babies. Sikkim, a state with fewer than 700,000 people, has …

As India debates demographics, small mountain state wants more babies Read More »

(Reuters) – India claimed a thrilling 12-run victory over New Zealand after Shubman Gill scored a double century and Mohammed Siraj picked up four wickets as they kicked off their one-day international series in Hyderabad on Wednesday. The 23-year-old opener scored 208 off 149 balls, smashing an incredible 19 fours and nine sixes as he …

Cricket-India beat New Zealand by 12 runs in thrilling ODI series opener Read More »

BENGALURU (Reuters) -Adani Enterprises, the flagship company of India’s ports-to-energy conglomerate Adani Group, said it will use the proceeds of its mega $2.5 billion follow-on public offering (FPO) for capital expenditure and to pay off debt at its units. The company, led by billionaire Gautam Adani, said it will use 108.69 billion rupees from the …

India’s Adani to use $2.5 billion share sale proceeds for capex, debt repayment Read More »