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India

Aditi Shah

Exclusive: India antitrust watchdog probes accusations that Google abused Android - sources

12 Feb 2019

NEW DELHI India's antitrust commission is looking into accusations that Alphabet Inc's unit Google abuses its popular Android mobile operating system to block its rivals, four sources with direct knowledge of the matter told Reuters.

Vistara sees limited impact from overseas flight approval delays

12 Feb 2019

NEW DELHI Delays in regulatory approvals for international flights have had only a limited impact on Indian airline Vistara's business, the chief executive of the Tata Sons and Singapore Airlines Ltd joint venture said on Tuesday.

Indian airline sector forecast to slash losses, with ticket prices rising

12 Feb 2019

NEW DELHI India's airlines are poised to cut their cumulative losses by as much as two-thirds in the financial year starting in April, aviation consultancy CAPA India said on Tuesday, with airline executives saying ticket prices are finally rising.

Indian airline sector to shrink losses by two-thirds next year-CAPA India

12 Feb 2019

* Forecasts loss of $550-$700 mln in FY20 vs $1.7 bln loss in FY19

Tata Motors posts record $4 billion loss on Jaguar woes, shares crash

08 Feb 2019

BENGALURU/NEW DELHI Jaguar Land Rover's owner Tata Motors Ltd stunned markets by posting the biggest-ever quarterly loss in Indian corporate history of about $4 billion on slumping China sales, sending its shares crashing as much as 30 percent. | Video

CORRECTED-UPDATE 2-Tata Motors cuts profit margin outlook for JLR over Brexit, China woes

08 Feb 2019

* Co reported biggest every quarterly loss due to one-time charge

SoftBank-backed Indian hotel start-up OYO sees three-fold revenue jump

05 Feb 2019

NEW DELHI Indian hotel start-up OYO, backed by Japan's SoftBank Group, expects revenue to more than treble every year for the next five years, as it expands locally and in international markets, a senior company executive said.

SoftBank-backed Indian hotel start-up OYO sees 3-fold revenue jump

05 Feb 2019

NEW DELHI, Feb 5 Indian hotel start-up OYO, backed by Japan's SoftBank Group, expects revenue to more than treble every year for the next five years, as it expands in India and international markets, a senior company executive said.

SBI set to own 15 percent of Jet Airways, Etihad 40 percent: reports

29 Jan 2019

NEW DELHI Jet Airways creditor State Bank of India is likely to own 15 percent of the airline if the cash-strapped carrier's plan for a debt-for-equity swap is approved, Indian TV channels reported on Tuesday.

Exclusive: Etihad hires turnaround expert Alvarez & Marsal as it weighs Jet Airways bailout

25 Jan 2019

NEW DELHI/ABU DHABI Etihad Airways has appointed turnaround specialist Alvarez & Marsal to conduct due diligence on Jet Airways Ltd as it weighs bailing out the cash-strapped Indian carrier, three sources familiar with the matter told Reuters.

World News

Bernie Sanders to seek U.S. presidency again in 2020

U.S. Senator Bernie Sanders, the progressive populist who mounted a fierce challenge to front-runner Hillary Clinton in the 2016 White House campaign, said on Tuesday he will again seek the Democratic Party's presidential nomination in 2020.