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KKR-backed logistics firm LEAP India seeks $734 million valuation in India IPO
KKR-backed supply chain firm LEAP India is seeking a valuation of about 70 billion rupees ($733.91 million) for its $260 million initial public offering, according to a newspaper...
India
Indian rupee climbs to one-month peak on oil slump, stronger inflows
The Indian rupee rose to a nearly one-month high on Monday, as hopes of a deal to end the Iran war sent oil prices lower, with a pickup in foreign inflows boosting gains.
India
Indian stocks rise on Brent dip, shock-free earnings season
Indian shares rose on Monday as a 5% drop in Brent crude helped, while an earnings season so far free of any major upsets, as well as resilient monthly auto sales also supported ...
India
Index snub to test Indian bonds; rupee, RBI policy and US-Iran war in focus
The Indian rupee and government bonds will take cues from the central bank's policy decision this week, with rates widely expected to remain unchanged, while traders will closely w...
India
India central bank to stay on hold even as peers pivot to rate hikes
India's central bank is expected to keep interest rates unchanged this week, diverging from many of its global peers as inflation remains modest despite higher global oil prices ...
India
Gold firms as oil prices slump after Trump holds off on Iran attack
Gold rose on Monday as oil prices fell after U.S. President Donald Trump held off on fresh attacks on Iran in hopes of a swift deal, slightly easing concerns over inflation and h...
India
India bars some Diageo, Inbrew liquor over flavouring violations
India's food safety regulator on Sunday barred the sale of certain whisky and rum products made by United Spirits , Diageo's India unit, and Inbrew Beverages, saying tests found ...
India
India's Modi says punishing student protesters will not resolve situation
Indian Prime Minister Narendra Modi said he wanted to forgive students who hurled expletives at him during protests last month, saying that punishing them and forcing them to appe...
India
Indian central bank's capital-flow measures draw nearly $41 billion
Steps by India's central bank to draw more capital flows into the country and support the rupee have brought in $40.81 billion, according to data released on Saturday.
India
India's IndiGo to discontinue widebody operations, end Norse Atlantic lease
IndiGo , India's largest airline, said on Friday it would discontinue its wide-body operations from October 25 and conclude its damp lease agreement with Norway's Norse Atlantic ...
India
India's Blue Dart Express first quarter profit rises on strong volumes
Indian delivery firm Bluedart Express on Friday reported a 81% jump in first-quarter net profit as shipments remained strong.
India
Indian central bank's FX forward book shrinks slightly to $103.3 billion
The Reserve Bank of India's net foreign exchange forward book market shrank slightly to $103.3 billion in June, as a reduction of near-tenor dollar liabilities outweighed a rise i...
India
Engineering firm ABB India quarterly profit rises on strong demand
Engineering services firm ABB India on Friday reported a 3% rise in June-quarter profit, helped by strong demand from infrastructure, data centres and renewables sectors.
India
India's Maruti Suzuki posts quarterly profit fall
Maruti Suzuki posted a lower first-quarter profit on Friday as India's top carmaker by sales was hurt by higher raw material costs.
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India's ITC profit falls as cigarette tax hike weighs
India's ITC reported a 27% fall in quarterly profit on Friday, as fresh cigarette tax hikes this year squeezed margins, while price hikes weighed on demand for pricier brands.
India
India approves 3.16 trillion rupees for farmer cash scheme through 2031
India's cabinet has approved 3.16 trillion rupees ($33.13 billion) as cash handouts for farmers for five years through fiscal 2031, the government said on Friday.
India
State Bank of India's perpetual bond demand seen spurring more issuances, bankers say
Strong demand for India's largest state-run lender's perpetual bond issue is expected to encourage similar offerings from other banks, four merchant bankers said on Friday.
India
Foreigners dump Indian debt on oil jolt, missing index inclusion spark
Foreign investors are dumping Indian bonds, rattled by a fresh surge in oil prices from the U.S.-Iran conflict and the absence of any announcement on India’s global bond index in...
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