LONDON – Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges, after a court judgment over licence fees resulted in a 1.9 billion euro group loss in its first half. Chief Executive Nick Read said India, […]
Mumbai, Nov 4:Â Market benchmark BSE Sensex rallied over 269 points to hit its intra-day peak of 40,434.83 in early trade on Monday led by gains in ICICI Bank, RIL, ITC, TCS and HDFC Bank amid positive global cues and unabated foreign fund inflow. Similarly, the broader NSE Nifty […]
New Delhi, Oct 26:Â The combined market capitalisation of seven of the 10 most valued Indian firms advanced by Rs 76,998.4 crore last week, with TCS leading the chart. Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in […]
New Delhi, Oct 17:Â Gold prices on Thursday declined Rs 105 to Rs 38,985 per 10 gram in the national capital on a stronger rupee and weak global cues, according to HDFC Securities. However, silver surged by Rs 509 to Rs 46,809 per kg here from its previous close […]
New York, Oct 12:Â Boeing unveiled a shift to its leadership structure on Friday as it manages the 737 MAX crisis, announcing that Dennis Muilenburg will remain chief executive but step down as chairman. The company said splitting the roles would allow Muilenburg to focus full time on running […]
NEW DELHI – India is pressing ahead with talks to join a China-led free trade pact, officials said on Thursday, despite the fears of some domestic producers that the country would be flooded with cheaper Chinese imports. Negotiators for the 16-nation Regional Comprehensive Economic Partnership (RCEP) are in […]
NEW DELHI — Oil giant Saudi Aramco is set to buy 20% of Indian conglomerate Reliance Industries’ oil and chemicals business for about $15 billion, in a deal that gives it further heft and diversity ahead of a long-awaited IPO. For India, the preliminary agreement amounts to one […]
MODESTO, Calif. — Along large swaths of California’s lush central valley, almonds in the fuzzy hulls of tree leaves blow in the wind on thousands of acres of orchards. Thousands of miles away in India, customers browse the nut sections of busy street markets and grocery stores in […]
NEW DELHI – India has put on hold plans to sell a stake in debt-laden state-run carrier Air India because of high oil prices and volatile foreign currency movements, the country’s junior civil aviation minister said on Thursday. “The present environment is not conducive to stimulate interest amongst […]
Indian shares fell on Monday, dented by losses across sectors, after the country slapped higher tariffs on certain U.S. products in retaliation to Washington’s decision to remove certain trade privileges for New Delhi. India, the largest importer of U.S. almonds, imposed higher retaliatory tariffs on 28 U.S. products […]
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