By Suchitra Mohanty and Shilpa Jamkhandikar NEW DELHI (Reuters) -An Indian Supreme Court panel said on Thursday it was divided over a ban on hijabs in schools, and referred the matter to the chief justice, effectively leaving in place a state’s ruling against the women’s headgear that has sparked uproar. Karnataka in southwestern India in …
Indian Supreme Court panel divided over school hijab ban Read More »
By Fayaz Bukhari SRINAGAR, India (Reuters) – India scrapped on Thursday a rule granting voting rights to new residents of its Jammu and Kashmir region after widespread anger among political parties, who labelled it a bid to change the demographics of the country’s only Muslim-majority region. Kashmir is claimed in full but ruled in part …
India axes rule on Kashmir voting rights after political parties’ outcry Read More »
NEW DELHI (Reuters) -New Delhi is “seriously investigating” the deaths of 69 children in Gambia in the wake of a report that provisionally linked the fatalities to Indian-made products, the South Asian nation’s foreign minister told his Gambian counterpart on Thursday. Indian health authorities announced a production halt at domestic company Maiden Pharmaceuticals’s factory in …
India tells Gambia it is probing childrens’ deaths linked to India-made drugs Read More »
BENGALURU (Reuters) – Mindtree Ltd reported a 27.5% jump in second-quarter earnings on Thursday, as the Larsen & Toubro Ltd-backed Indian IT services provider secured more outsourcing orders. India’s outsourcing industry made a windfall from the pandemic-led boom in demand for technology, as businesses spent billions of dollars to digitize their IT infrastructure. “With an …
India’s Mindtree Q2 profit beats view on strong order wins Read More »
By Rama Venkat BENGALURU (Reuters) -Indian shares settled lower on Thursday after the country’s retail inflation data stoked fears of more rate hikes, while dismal results from Wipro weighed on IT stocks. The NSE Nifty 50 index declined 0.64% to close at 17,014.35, and the S&P BSE Sensex fell 0.68% to 57,235.33. Both indexes have …
Indian shares decline on rate hike worries; Wipro tumbles Read More »
By Jamie Freed (Reuters) -Singapore Airlines Ltd (SIA) said on Thursday it was in talks with India’s Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigger foothold in South Asia. “The discussions seek to deepen the existing partnership between SIA and Tata, …
Singapore Airlines pursues Air India stake to expand market presence Read More »
By Dharamraj Lalit Dhutia MUMBAI (Reuters) – Indian government bond yields ended marginally lower on Thursday, after local retail inflation reading came in largely in line with expectations, while focus shifts to U.S. reading due later in the day. The benchmark Indian government bond yield ended at 7.4217%, after closing at 7.4348% on Wednesday. “Currently, …
Yields edge lower after local inflation report, U.S. data in focus Read More »
LONDON (Reuters) – British foreign minister James Cleverly said on Thursday Britain wanted to have an even stronger trading relationship with India after reports that remarks by a fellow minister about Indian immigrants could put a future deal in doubt. Asked about the comments made by interior minister Suella Braverman about Indian migrants in Britain …
UK wants stronger trading relationship with India, foreign minister Cleverly says Read More »
By Nivedita Bhattacharjee and Praveen Paramasivam BENGALURU (Reuters) – Shares of India’s Wipro Ltd fell over 5% on Thursday after it missed quarterly profit estimates and forecast weak revenue growth, while rival HCLTech saw a 3% rise as strong order wins led to upbeat growth outlook. Bengaluru-based Wipro on Wednesday forecast third-quarter IT business revenue …
India’s Wipro shares fall, while HCLTech shines as IT braces for slowdown Read More »
By Sethuraman N R BENGALURU (Reuters) -India’s Wipro Ltd on Wednesday forecast smaller sequential revenue growth for the December quarter amid a challenging macro environment, but said its order pipeline looked robust with a few mega deals. The Bengaluru-based company forecast revenue from its information technology business to be in the range of $2.81 billion …
India’s Wipro sees modest growth in current-quarter IT services revenue Read More »
