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India's alternative-fuel cars close in on petrol as E20 uncertainty grows
Consumer uncertainty over India's transition to E20 petrol is pushing some buyers toward vehicles powered by alternative fuels, a senior industry official said on Thursday.
India
Indian fashion retailer Trent's quarterly profit jumps on expansion spree
Indian fashion retailer Trent posted a 22% rise in quarterly profit on Thursday, as the expansion of its Westside and Zudio chains beyond metropolitan cities helped outweigh pres...
India
India's HPCL buys 2 mln bbl West African oil for Sept via tender, sources say
India's state-run Hindustan Petroleum Corp has bought two million barrels of West African oil through a tender for September delivery, two trade sources who participate in the ...
India
India rate hike calls pushed back after central bank's dovish pause
India's central bank will likely begin hiking rates in December or later as core inflation in the economy remains low, four economists said on Thursday, pushing back calls for tig...
India
Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growth
IPO-bound Dhoot Transmission expects India's shift to electric vehicles to drive growth as the auto components maker expands its product portfolio and ties with automakers, a top...
India
India's AWL boosts imported edible oil stocks as Middle East supply disruptions persist
India's AWL Agri Business has built up inventories of imported edible oils over the past two months, adopting a strategy similar to the one it used during COVID to guard against s...
India
India's Swiggy targets $1.05 billion in core earnings by fiscal 2031
India's Swiggy on Thursday said it is targeting core earnings of 100 billion rupees ($1.05 billion) by fiscal year 2031, driven by growth in its food delivery business and quick...
India
Temasek-backed Shiprocket targets $742 mln valuation in trimmed India IPO
Shiprocket has set a price band of 92 to 97 rupees ($0.97-$1.02) per share for its downsized initial public offering that launches next week, a filing showed on Thursday.
India
Indian shares rise on stable crude, earnings; weekly expiry spurs sharp Sensex swings
Indian shares edged higher on Thursday as hopes of a diplomatic breakthrough in the Middle East and a better-than-expected June-quarter earnings season lifted sentiment.
India
Inflows and softer oil curb pressure on rupee, build carry appeal
The Indian rupee was steady on Thursday, tracking subdued moves in regional peers as Brent crude oil prices held below $80 a barrel and sustained momentum in inflows eased persis...
India
Gold hovers near seven-week high on easing rate hike concerns
Gold climbed to a seven-week high on Thursday, extending gains into a fourth session, as hopes surrounding the re-opening of the Strait of Hormuz eased mounting fears around infla...
India
Temasek-backed Milky Mist targets $1.13 billion valuation in trimmed India IPO
Temasek-backed Milky Mist Dairy Food MILY.NS set a price band of 133 to 140 rupees per share ($1.40-$1.47) for its downsized initial public offering that launches next week in Mum...
India
India government, faculty at odds over proposed governance changes at top statistical institute
A proposed Indian government bill to overhaul the governance of the Indian Statistical Institute has drawn criticism from faculty at the nearly century-old institution, one of the...
India
Meta apologises to India for restricting PM Modi's post
Meta Platforms' Chief Global Affairs Officer Joel Kaplan apologised to India's information technology minister for briefly restricting a post by Prime Minister Narendra Modi in Ju...
India
India sugar prices hit record high on tight supplies, festival demand
Indian sugar prices have jumped 10% over the past month to a record high and are expected to remain elevated for at least the next three months as supplies tighten and festival de...
India
Air India taps ex-Ethiopian Airlines chief to steer turnaround
Air India named former Ethiopian Airlines chief Tewolde Gebremariam as CEO on Wednesday, bringing in an industry veteran to drive its turnaround amid mounting regulatory scrutiny ...
India
Reliance's luxury unit brings Kim Kardashian's SKIMS to India
Reliance Brands, the luxury retail arm of Reliance Retail, has partnered with Kim Kardashian's SKIMS to bring the shapewear brand to India, as global companies race to enter the ...
India
Zuckerberg apologises to India government over Meta content and errors, local media says
Meta Platform's Chief Executive Officer Mark Zuckerberg has apologised to the Indian government over child sexual abuse material on Meta platforms and operational error...
India