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Cricket-Hyderabad captain Williamson flies home for birth of child

MUMBAI (Reuters) – Sunrisers Hyderabad captain Kane Williamson will miss the remainder of the Indian Premier League season to return to New Zealand for the birth of his child, the IPL team said on Wednesday. Hyderabad are eighth in the points table and must win their final league match against Punjab Kings on Sunday while …

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Half a million Indians flee floods in northeast brought by rain

By Zarir Hussain GUWAHATI, India (Reuters) – More than 500,000 people have fled their homes in India’s northeastern state of Assam to escape heavy floods triggered by pre-monsoon rains that drowned seven, authorities said on Wednesday, as they warned the situation could worsen. One of the world’s largest rivers, the Brahmaputra, which flows into India …

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Cricket – Hyderabad’s Tripathy knocking on the door for India call-up

MUMBAI (Reuters) – Rahul Tripathy’s red-hot form in the Indian Premier League has convinced former India coach Ravi Shastri that the Sunrisers Hyderabad top order batsman is good enough to play international cricket. Tripathy smashed his third fifty of the season on Tuesday to secure his team’s narrow victory against Mumbai Indians that also kept …

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Jungle Ventures renews Southeast Asia, India bets with $600 million fund

By Anshuman Daga SINGAPORE (Reuters) – Singapore-based Jungle Ventures has raised $600 million in a new fund backed by new and existing investors including Temasek, the latest venture capital firm to target more money on investments in Southeast Asia and India. The fundraising for the fourth Jungle Ventures fund, among the largest regionally, comes amid …

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India’s Bharti Airtel beats quarterly profit estimates on tariff hike

BENGALURU (Reuters) -Indian telecom operator Bharti Airtel Ltd said on Tuesday its fourth-quarter profit beat estimates and revenue jumped 22.3%, boosted by a recent tariff hike. Its average revenue per user (ARPU) – a key performance indicator in the telecom industry – came in at 178 rupees for the quarter, up from 145 rupees from …

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Factbox-Four key facts about India’s record LIC IPO as shares tumble on debut

By Nupur Anand and Aftab Ahmed (Reuters) – Life Insurance Corporation of India fell nearly 8% on their market debut on Tuesday despite the country’s largest ever IPO being oversubscribed at the top of the price range. The government raised around $2.7 billion from selling a 3.5% stake in state-owned LIC which commands a majority …

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Cricket-Nortje, Parnell return for South Africa’s T20 tour of India

CAPE TOWN (Reuters) – South Africa have recalled fast bowler Anrich Nortje and all-rounder Wayne Parnell, and handed a first Twenty20 International call-up to batsman Tristan Stubbs, for the five-match tour of India starting on June 9. Nortje, 28, returns to the squad after a hip injury forced him out of the home series against …

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