Edition:
India

Chandini Monnappa

Sensex, Nifty end higher, Reliance at fresh record close

19 Jun 2020

BENGALURU Indian shares closed higher on Friday, boosted by a sharp rise in Reliance shares after the oil-to-telecoms conglomerate said it was net-debt free, helping investors briefly shift focus from rising coronavirus infections and border tensions with China.

Sensex, Nifty settle lower on India-China tensions, rise in virus cases

17 Jun 2020

BENGALURU Indian shares ended a choppy session lower on Wednesday due to escalating border tensions with China and a spike in coronavirus cases at home and abroad.

Indian shares fall after 'violent faceoff' on border with China

16 Jun 2020

BENGALURU, June 16 Indian shares fell in afternoon trade on Tuesday over fears of escalating tensions between the country and China after the Indian army said one of its officers and two soldiers were killed in a "violent faceoff" on a contested border.

Indian shares rise on U.S. Fed's move to boost liquidity

16 Jun 2020

BENGALURU, June 16 Indian shares rose on Tuesday, joining a global rally, after the U.S. Federal Reserve's corporate bond buying programme boosted hopes of liquidity in domestic markets and outweighed concerns about another round of lockdowns in the face of rising COVID-19 cases.

Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings

15 Jun 2020

BENGALURU India's Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target at its luxury unit by 1 billion pounds ($1.26 billion) to ride out the disruptions caused by the coronavirus outbreak.

Indian stocks slip over concerns of rising coronavirus infections

15 Jun 2020

BENGALURU, June 15 Indian shares slipped on Monday as a rise in domestic coronavirus cases and worries over a second wave of infections in China sapped investors' appetite for riskier assets.

Maruti restarts car output gradually, profit down

13 May 2020

BENGALURU/NEW DELHI Maruti Suzuki, India's top-selling carmaker, has begun to resume production, its chairman said, after the company reported lower fourth-quarter profit, dragged down by weak demand, even before the nation went into lockdown.

Fitness group cure.fit lays off employees, mulls all-digital move: sources

04 May 2020

BENGALURU Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cut costs amid the world's biggest coronavirus lockdown, sources familiar with the situation said.

Indian fitness group cure.fit lays off employees, mulls all-digital move -sources

04 May 2020

BENGALURU, May 4 Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cut costs amid the world's biggest coronavirus lockdown, sources familiar with the situation said.

Indian shares hit six-week high, HDFC surge lifts banks

29 Apr 2020

BENGALURU, April 29 Indian shares rose more than 1% on Wednesday to their highest in over six weeks, tracking an improved global mood due to the easing of some coronavirus lockdowns, while a surge in HDFC pulled financial stocks higher.

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