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Investors want India to sell short tenor, floating rate bonds in H2, bankers say

By Dharamraj Dhutia MUMBAI (Reuters) – Investors want the Indian federal government to sell more short-term and green bonds while resuming floating rate bond auctions, six bankers said on Tuesday. The suggestions were made by market participants in a series of meetings about the government’s borrowing plan for the second half of the fiscal year. …

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Internet suspended in parts of India’s Manipur as students clash with police

By Tora Agarwala GUWAHATI, India (Reuters) – Internet and mobile data services were suspended for five days and an indefinite curfew imposed in some parts of India’s northeastern state of Manipur on Tuesday after student protests over continuing ethnic strife turned violent. After a brief lull, fighting broke out between the majority Meitei and minority …

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India’s Mahindra, Dr Reddy’s deny conflict in payments to India regulatory chief’s husband

MUMBAI (Reuters) -Indian automaker Mahindra & Mahindra and pharmaceutical company Dr Reddy’s Laboratories said on Tuesday they had paid the husband of a senior regulatory official for work when she held the second highest office at the country’s market regulator, but denied any conflict of interest. India’s main opposition party Congress on Tuesday alleged that …

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Reliance Retail ties up with Israeli innerwear maker Delta Galil for India expansion

BENGALURU (Reuters) – Reliance Retail said on Tuesday it was partnering with Israeli innerwear maker Delta Galil, marking the latest push by billionaire Mukesh Ambani’s retail business into India’s fast-growing apparel market. The 50-50 joint venture will help deepen Delta Galil’s reach in India through retail, wholesale and digital channels, and also manufacture products for …

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India to create national registry of suspected cyber criminals

NEW DELHI (Reuters) – India said on Tuesday it was working to create a nationwide registry of suspected cyber criminals, and that it would crack down on them by deploying about 5,000 “cyber commandos” over the next five years. The “commandos” would be a team of experts working with police and regional authorities, Home Minister …

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India’s Modi had advantage in ‘controlled’ election, opposition leader Gandhi says

NEW DELHI (Reuters) – India’s opposition leader Rahul Gandhi said on Tuesday he did not view this year’s two-month general elections as a free exercise, but rather as one structured to deliver an advantage to Prime Minister Narendra Modi, without citing evidence. But Modi suffered a rare setback instead, as the opposition made a strong …

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Indian nurse wins rare legal victory against UK care firm

By Emma Batha LONDON (Thomson Reuters Foundation) – An Indian nurse who was sacked by a British care company won a significant payout on Monday in a case that lawyers said could spur other migrant workers to pursue claims against unscrupulous bosses.     Kirankumar Rathod is among more than 100,000 overseas workers who have arrived in …

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New Delhi to renew firecracker ban ahead of Diwali to combat pollution

NEW DELHI (Reuters) – India’s capital will ban the use of firecrackers ahead of the Hindu festival of Diwali in November in a bid to control air pollution that reaches hazardous levels every winter, the local government said on Monday. New Delhi, a city of 20 million people, is the world’s most polluted capital, where …

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