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Cricket-Viacom 18 bags women’s IPL media rights for $117 million

(Reuters) – Viacom 18 will pay 9.51 billion Indian rupees ($117 million) for the media rights of the women’s Indian Premier League (IPL) for the next five years, the country’s cricket board (BCCI) announced on Monday. Viacom 18 outbid Disney Star, Sony and Zee among other broadcasters in a closed-bid auction in Mumbai, ESPNcricinfo reported, …

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India, UAE close to deal on renewable electricity grid link: Indian minister

By Rachna Uppal ABU DHABI (Reuters) – India and the United Arab Emirates (UAE) are close to a “major agreement” on a renewable energy interconnection between the two countries, India’s Minister of Power and New and Renewable Energy said on Sunday. Raj Kumar Singh, who is visiting the Gulf Arab oil producer for the International …

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Cricket-Kohli, Siraj help set ODI record as India smash Sri Lanka

(Reuters) -India recorded the biggest-ever victory in one-day internationals after they thrashed Sri Lanka by 317 runs in the final ODI in Thiruvananthapuram on Sunday as Virat Kohli put on a batting masterclass and Mohammed Siraj excelled with the ball. The win completed a 3-0 series sweep for India, who won the first match in …

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India lets banks use face recognition, iris scan for some transactions – sources

By Nikunj Ohri NEW DELHI (Reuters) -The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using …

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Cricket-Rohit, Kohli to miss T20s v NZ, Suryakumar, Kishan in test squad

(Reuters) – Indian captain Rohit Sharma and batsman Virat Kohli will play in a one-day international (ODI) series against New Zealand this month but will not feature in the following Twenty20 series, the Board of Control for Cricket in India (BCCI) said on Friday. India will play three one-day internationals and three Twenty20 matches against …

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India’s foreign exchange reserves slip in first week of year

MUMBAI (Reuters) – India’s foreign exchange reserves fell to $561.58 billion in the week through Jan. 6, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday. For the week ended Dec. 30, the country’s reserves were at $562.85 billion, down from $633.61 billion at the end of 2021. The central bank has been …

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India’s wholesale passenger vehicle volume up on UV demand – industry body

(Reuters) – India’s wholesale passenger vehicles sales volume grew 7.2% in December as demand for utility vehicles (UV) soared, the Society of Indian Automobile Manufacturers (SIAM) said on Friday. Wholesale passenger vehicle volumes rose to 235,309 units in December from 219,421 units a year ago, and hit a record high of nearly 3.8 million units …

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India’s NDTV says president, other senior execs resign

BENGALURU (Reuters) – New Delhi Television Ltd said on Friday that some more of its senior executives, including President Suparna Singh, had resigned, a move that comes less than a month after the Adani Group took control of about 65% of the Indian broadcaster. NDTV’s chief strategy officer, Arijit Chatterjee, and chief technology and product …

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India tribunal allows Jet Airways ownership transfer to consortium – sources

MUMBAI (Reuters) -India’s national company law tribunal has allowed the ownership of carrier Jet Airways to be transferred to a consortium, led by UAE-based businessman Murari Lal Jalan and London-based Kalrock Capital, two sources told Reuters. Once India’s biggest private airline, Jet ran out of cash in April 2019. It was supposed to resume operations …

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