Edition:
India

Chandini Monnappa

Exclusive: U.S. apparel watchdog probes Jockey's Indian partner after human rights abuse allegations

14 Oct 2020

BENGALURU A top apparel industry watchdog has launched an investigation into underwear maker Jockey International's Indian partner Page Industries Ltd following allegations of human rights abuses at one of its factories, the watchdog told Reuters.

EXCLUSIVE-U.S. apparel watchdog probes Jockey's Indian partner after human rights abuse allegations

14 Oct 2020

BENGALURU, Oct 14 A top apparel industry watchdog has launched an investigation into underwear maker Jockey International's Indian partner Page Industries Ltd following allegations of human rights abuses at one of its factories, the watchdog told Reuters.

Indian shares up as cement stocks gain on govt infrastructure boost

13 Oct 2020

BENGALURU, Oct 13 Indian shares rose on Tuesday as cement stocks gained on the federal government's plan to spend an extra 250 billion rupees on roads, ports and defence projects and provide interest-free loans to states to beef up infrastructure.

Amazon moves against Future Group over Reliance deal

08 Oct 2020

BENGALURU India's Future Retail Ltd shares fell 9% on Thursday after Amazon.com Inc sent a legal notice to Future Group, alleging the retailer's $3.38 billion asset sale to Reliance Industries breached an agreement with the e-commerce giant.

RPT-Low diesel demand hits India BPCL's crude runs, ups petrol imports

29 Sep 2020

NEW DELHI/ BANGALORE, Sept 28 Indian refiner Bharat Petroleum Corp will continue to import gasoline for the next few months as its crude processing is hit due to lower demand for diesel that accounts for 40%-45% of its product slate, its head of marketing A. K. Singh said.

Low diesel demand hits BPCL's crude runs, ups petrol imports

28 Sep 2020

NEW DELHI/ BANGALORE Indian refiner Bharat Petroleum Corp will continue to import gasoline for the next few months as its crude processing is hit due to lower demand for diesel that accounts for 40%-45% of its product slate, its head of marketing A. K. Singh said.

Indian farmers intensify protests over new grain bills

24 Sep 2020

MUMBAI/BENGALURU, Indian farmers intensified their protests over three new bills that they believe could pave the way for the government to stop buying grain at guaranteed prices, leaving them at the mercy of private buyers such as traders and retailers.

Zomato raises $160 million from Tiger Global, Temasek unit; plans IPO in 2021

10 Sep 2020

BENGALURU Indian food delivery startup Zomato has raised $160 million from U.S. hedge fund Tiger Global Management LLC and a unit of Singapore's Temasek Holdings, and plans to file for an initial public offering in the first half of 2021.

Reliance Future-proofs retail arm as it seeks to woo investors

31 Aug 2020

NEW DELHI Reliance Industries' $3.38 billion deal to acquire Future Group's retail business pitches the conglomerate as an even more formidable force in India, making its retail arm more attractive to the potential investors it seeks to woo.

Reliance Future-proofs retail arm as it seeks to woo investors

31 Aug 2020

NEW DELHI, Aug 31 Reliance Industries' $3.38 billion deal to acquire Future Group's retail business pitches the conglomerate as an even more formidable force in India, making its retail arm more attractive to the potential investors it seeks to woo.

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