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Cricket-Indian Premier League hoping to expand to 94-game season, says chairman

(Reuters) -The Indian Premier League is hoping to expand to a 94-match season in 2028 which would allow each of the 10 teams in the competition to play each other home and away, chairman Arun Singh Dhumal said. The IPL was extended to 74 matches in the 2022 season, when the Lucknow Super Giants and …

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India’s PNB Housing posts higher quarterly profit on home loan demand

(Reuters) -India’s PNB Housing Finance reported a 25% rise in fourth-quarter profit on Monday, helped by strong demand for home loans. The company’s consolidated net profit rose to 5.5 billion rupees ($64.7 million) for the quarter ended March 31 from 4.39 billion rupees a year earlier. Total revenue increased 12% to 20.22 billion rupees. India’s …

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India signs $7.4 billion deal to buy 26 Rafale fighter jets, official says

(Reuters) -India signed a deal with France on Monday to buy 26 Rafale fighter aircraft worth 630 billion rupees ($7.41 billion) for its navy, an official from the Indian defence ministry told Reuters. The purchase was approved earlier this month by India’s security cabinet, chaired by Prime Minister Narendra Modi, Reuters reported. The Indian Air …

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India’s IOL Chemicals says gas leak killed one, injured three in Punjab

(Reuters) – A gas leak at Indian chemicals maker IOL Chemicals and Pharmaceuticals killed one person and injured three others, the company said on Monday. The leak occurred on Sunday at IOL’s Barnala plant in Punjab, the company said. The leak has been contained, it said, without sharing any further details. Of the three injured …

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Cricket-Kohli highlights importance of partnerships after Bengaluru top IPL table

BENGALURU (Reuters) -Twenty20 cricket is fast becoming a stage for explosive batsmen but Virat Kohli reminded fans of the value of building solid partnerships and rotating strike after taking Royal Challengers Bengaluru to the Indian Premier League summit. Kohli made a steady 51 while Krunal Pandya sparkled with an unbeaten 73 from 47 balls as …

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Athletics-India’s javelin hero Chopra rules out Pakistan rival’s presence in Bengaluru meet

By Amlan Chakraborty NEW DELHI (Reuters) -India’s Olympic javelin gold medallist Neeraj Chopra said it was now “completely out of the question” that rival Arshad Nadeem of Pakistan will attend his meet in Bengaluru next month following Tuesday’s deadly Islamist militant attack in Indian Kashmir. Relations between nuclear-armed neighbours India and Pakistan have plummeted to …

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India economic outlook dims further as US tariffs dent business sentiment: Reuters poll

By Vivek Mishra and Pranoy Krishna BENGALURU (Reuters) – The Indian economy will grow a bit slower than previously thought this fiscal year, according to economists in a Reuters poll who said U.S. tariffs have negatively impacted business sentiment, raising concerns about already weak private investment. Gross domestic product (GDP) growth in the world’s fifth-largest …

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India’s SBI Life quarterly profit flat, group insurance demand slows

(Reuters) -India’s SBI Life Insurance Company posted flat year-on-year fourth-quarter profit on Thursday amid a slowdown in group insurance business. Profit rose 0.3% to 8.14 billion rupees ($95.5 million) for the quarter ended March 31 from 8.10 billion rupees a year earlier. Analysts said heightened competition in the group insurance category has affected SBI Life’s …

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India’s L&T Technology misses revenue estimates on lower mobility services sales

(Reuters) -Indian engineering and technology firm L&T Technology Services reported fourth-quarter revenue below analysts’ estimates on Thursday on slowing sales in its mobility segment, which includes the automotive, aerospace, and rail industries. The Larsen & Toubro group firm said its consolidated revenue from operations grew 17.5% on-year to 29.82 billion rupees (about $350 million) in …

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India’s IndiGo appoints former FAA chief Whitaker as independent director

(Reuters) -India’s top airline IndiGo said on Thursday that it has appointed former U.S. Federal Aviation Administration chief Mike Whitaker as an independent director on its board. Whitaker served as the head of the FAA, the U.S. agency in charge of air safety, efficiency, and the air traffic system, from October 2023 to January this …

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