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India's Godrej Consumer names Malbari CEO as Sitapati exits months after reappointment
India's Godrej Consumer Products said on Tuesday it has appointed its current CFO Aasif Malbari as chief executive and managing director for a five-year term, just months afte...
India
India summons Air India CEO over Phuket-Delhi flight's altitude loss, source says
India's civil aviation minister has summoned Air India CEO Campbell Wilson after the airline's Phuket-Delhi flight suddenly lost about 300 feet of altitude last week, a source w...
India
India equity fund inflows fall in July as large-caps see first outflows in over 2-1/2 years
Equity mutual fund inflows in India fell 14.8% month-on-month to 246.97 billion rupees ($2.59 billion) in July as large-cap funds saw outflows for the first time since December 2...
India
Fitch affirms India rating on robust growth, flags youth job risks to fiscal profile
Credit ratings agency Fitch on Tuesday affirmed India's sovereign rating at 'BBB-', citing robust growth balanced against still-weak fiscal metrics that it reckons could face pres...
India
KKR-backed LEAP India's $260 million IPO fully subscribed on final bidding day
KKR-backed LEAP India's $260 million initial public offering was fully subscribed by midday on the final day of bidding on Tuesday, led by non-institutional investors.
India
Indian tyre maker MRF posts lower quarterly profit on elevated material costs
Indian tyre maker MRF posted a 2% fall in first-quarter profit on Tuesday, as conflict in the Middle East drove up crude oil prices and increased the cost of key raw materials su...
India
BRICS nations discuss linking payment systems and CBDCs, RBI chief says
Members of the BRICS group of nations are discussing potential linkages between their respective fast payment systems and central bank digital currencies, Reserve Bank of India Go...
India
Bain Capital-backed Dhoot Transmission's $321 million India IPO fully subscribed on second day
Bain Capital-backed Dhoot Transmission's $321 million initial public offering was fully subscribed on the second day of bidding on Tuesday, led by non-institutional and retail inv...
India
Rupee set to slip on oil pressure, relies on RBI support
The Indian rupee is poised to open weaker on Tuesday, pressured by higher oil prices amid stalled U.S.-Iran peace talks, with traders looking to the Reserve Bank of India to inte...
India
Financials lead Indian shares lower as higher crude prices spur caution
Indian shares fell in early trade on Tuesday, with heavyweight financials leading declines as elevated crude prices hurt risk appetite, offsetting support from IT gains, strong q...
India
Gold eases from over two-month peak, inflation reports in focus
Gold ticked lower on Tuesday after hitting its highest level in more than two months, while investors focused on upcoming inflation data for clues on the U.S. interest-rate outlo...
India
Airbus to assist Air India in altitude loss investigation
European planemaker Airbus on Monday said it was sending specialists to assist an investigation into an Air India Airbus aircraft's sudden altitude loss during a flight last wee...
India
India's world championships organisers hire monkey whisperers
The workforce behind badminton's World Championships in New Delhi next week will include a small group of men with an unusual skill: mimicking the calls of langur monkeys.
India
BSE to replace Wipro in India's benchmark Nifty 50 index
National Stock Exchange of India said on Monday exchange operator BSE will replace information technology company Wipro in its benchmark Nifty 50 index effective September 30.
India
Bosch's India unit posts higher first quarter profit on automotive demand
Bosch Ltd , the Indian unit of German auto supplier Robert Bosch, posted a 12% rise in adjusted first-quarter profit on Monday, driven by robust demand in passenger cars and comm...
India
India's Vodafone Idea narrows quarterly loss on bigger per-user revenue
Vodafone Idea , India's third-largest telecom operator, reported a narrower first-quarter loss on Monday, driven by higher average revenue per user (ARPU) amid more users migratin...
India
India's Indel Money readies its biggest ever public sale of debt, bankers say
Indiwa's Indel Money is planning to raise as much as 5 billion rupees ($52.47 million) later this month in what would be its biggest public issue of debt, merchant bankers say.
India
India's Zee Entertainment posts quarterly profit drop on weak ad sales, rising costs
India's Zee Entertainment Enterprises reported a 46.9% fall in quarterly profit on Monday, hurt by weak advertising revenue and higher costs related to its return to sports broadc...
India