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Indian investigators told lawmakers black boxes undamaged in Air India crash, sources say

By Abhijith Ganapavaram NEW DELHI (Reuters) -Indian investigators of the deadly Air India airliner crash that killed 260 last month told a meeting of lawmakers that the plane’s black boxes were not damaged, two people familiar with the discussions said. The revelation about the devices critical to reconstructing the events leading up to an air …

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India’s Manipal Hospitals to buy majority stake in local peer Sahyadri

(Reuters) -Ontario Teachers’ Pension Plan (OTPP) said on Wednesday that it has agreed to sell its majority stake in India’s Sahyadri Hospitals Group to Temasek-backed Manipal Hospitals. The pension fund, which acquired the stake in Sahyadri Hospitals in 2022, did not disclose the value of the stake sale. Manipal Hospitals said in a statement that …

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Cricket-India’s Pant flays ‘irritating’ Dukes ball in England test series

LONDON (Reuters) -India vice captain Rishabh Pant said the Dukes balls being used in the current test series against England are losing their shape very quickly and cannot be good for the game. India captain Shubman Gill was the first to criticise the balls after his team levelled the five-match series with a comprehensive victory …

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Exclusive-Ambani’s Reliance Jio delays India IPO beyond this year, sources say

By Aditya Kalra and Scott Murdoch NEW DELHI/SYDNEY (Reuters) -Indian telecoms and digital giant Reliance Jio Platforms, led by billionaire Mukesh Ambani, has decided not to launch its planned IPO this year, delaying one of the country’s most anticipated stock offerings, two people familiar with the matter said. Valued by analysts at more than $100 …

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Cricket-Archer makes hotly-anticipated return to England team for third test v India

(Reuters) -England’s Jofra Archer has been named in the team to face India in the third test of the series at Lord’s, England’s cricket board (ECB) announced on Wednesday, as the fast bowler prepares for his first test in more than four years. Archer will replace fellow seamer Josh Tongue, the only change England have …

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India mutual fund investors chase equities, gold and silver in quest for returns

By Bharath Rajeswaran (Reuters) -Mutual fund allocations bounced back in India last month, driven by strong retail participation, with investors also seeking out gold and silver funds in the hunt for stronger returns. Indian equity mutual fund inflows rose 24% to 235.87 billion rupees($2.75 billion), snapping a five-month decline, as investors poured money across segments …

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Air India crash probe focuses on engine fuel control switches, The Air Current reports

(Reuters) -The investigation into the Air India flight 171 crash has zeroed in on the movement of the engine fuel control switches, following an analysis of the Boeing 787’s flight and voice data recorders, the Air Current reported on Tuesday. Reuters could not immediately confirm the report. (Reporting by Rishabh Jaiswal in Bengaluru; Editing by …

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Cricket-Buoyant India unperturbed by prospect of spicy Lord’s pitch

LONDON (Reuters) -India expect England to roll out a challenging track for the third test at Lord’s but are confident their in-form batters can master it, batting coach Sitanshu Kotak said on Tuesday. India levelled the five-test series 1-1 with a thumping 336-run victory at Edgbaston where they racked up 587 in the first innings …

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Israel eyes deeper economic ties with India, finalising investment protection deal

JERUSALEM (Reuters) -Israel and India are finalising an investment protection agreement and expect to sign it in the coming months, Israel’s Finance Ministry said on Tuesday. Finance Minister Bezalel Smotrich and the ministry’s chief economist Shmuel Abramzon discussed the issue, which it did not elaborate on, and other economic matters with Indian Ambassador to Israel …

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Cricket-Gupta replaces Allardice as ICC chief executive

(Reuters) -Indian Sanjog Gupta has succeeded Australia’s Geoff Allardice as chief executive officer of the International Cricket Council (ICC), the governing body said on Monday. Gupta previously served as CEO of JioStar Sports, taking up the job after Reliance Industries and Walt Disney’s $8.5 billion merger of their Indian media assets in November last year. …

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