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India

Non-Cyclical Consumer Goods

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CORRECTED-Richemont hires former LVMH HR head to bolster management team

ZURICH, Sept 21 Luxury goods group Richemont moved to shore up its management team on Thursday by appointing two outsiders to its senior executive committee.

8:31pm IST

More calls to return idle land to farmers in India as conflicts rise

MUMBAI, Sept 21 (Thomson Reuters Foundation) - Indian states must return idle land acquired for industrial and infrastructure projects that have been shelved, campaigners say, as conflicts erupt across the country over the scarce resource.

5:30pm IST

CORRECTED-(OFFICIAL)-UK retail sales surge in August, likely to boost BoE rate hike bets

(Corrects paragraph 6 on likelihood of flat Q3 retail sales, after ONS corrects estimate given to media) By David Milliken LONDON, Sept 21 British retail sales unexpectedly surged in August, official figures showed on Wednesday, boosting the chance that the Bank of England will raise interest rates in November. Last week the BoE said it was likely to raise interest rates in the coming months if the economy and inflation pressures strengthen as expected. Wednesday's

4:08pm IST

UPDATE 1-Metro denies report it could delist after split

* Metro had hoped for stock boost after split (Adds details, background)

4:01pm IST

UPDATE 1-UK Co-Operative's move to share wealth hits profit

* Remains in exclusive takeover talks with Nisa (Adds detail, CEO comment)

3:57pm IST
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India eyes extra $7.7 billion spending to halt economic slowdown: government sources

NEW DELHI India's government is considering a plan to loosen its fiscal deficit target to enable it to spend up to 500 billion rupees ($7.7 billion) more to halt an economic slowdown, two government officials with direct knowledge of the plan said on Thursday.