Chris Thomas

India set to launch second lunar mission; land rover on the moon

13 Jun 2019

BENGALURU India said on Wednesday it will launch its second lunar mission in mid-July, as it moves to consolidate its status as a leader in space technology by achieving a controlled landing on the moon.

Tata Motors shares hit by Jaguar Land Rover woes, weak home market

21 May 2019

MUMBAI/BENGALURU Tata Motors Ltd gave an uninspiring outlook for its luxury brand Jaguar Land Rover and forecast weak demand in the Indian automaker's home market, sending its shares 6% lower on Tuesday. | Video

Adani stocks cheer incumbency wave in India, Australia

20 May 2019

NEW DELHI/BENGALURU Shares in various Adani Group companies, including those of flagship Adani Enterprises Ltd, surged on Monday after exit polls predicted Indian Prime Minister Narendra Modi would return to power, even as Australian poll results also spelled good news for the Indian conglomerate.

McDonald's settles with former India partner, to reopen restaurants in two weeks

09 May 2019

BENGALURU McDonald's Corp's Indian arm has reached a settlement with former partner Vikram Bakshi, acquiring full ownership in their joint venture Connaught Plaza Restaurants Ltd, the company said in a statement.

ICICI Bank misses forecasts with quarterly profit fall

06 May 2019

BENGALURU ICICI Bank reported a 5 percent drop in fourth-quarter profit on Monday, missing estimates after being hit by a rise in expenses and a higher accumulation of bad loans.

Indian shares rise as oil prices slip; financials lead

03 May 2019

May 3 Indian shares rose the most in a week on Friday as oil prices slipped, with gains led by financial stocks, while IT companies retreated in the face of a stronger rupee.

Yes Bank shares sink after shock quarterly loss, rising bad loans

30 Apr 2019

BENGALURU Investors sold out of Indian lender Yes Bank Ltd on Tuesday after rising bad loans triggered its first quarterly loss and brokerage Macquarie Research set a rare double-downgrade on the company's stock.

Indian shares edge higher; Tata Steel leads gains after strong results

26 Apr 2019

April 26 Indian shares ticked higher on Friday as a volatile week draws to a close, with Tata Steel Ltd climbing the most in 14 months after the steelmaker beat expectations for quarterly profit.

Indian shares rise; UltraTech, Reliance hit record highs

25 Apr 2019

April 25 Indian shares rose to a one-week high on Thursday, ahead of the expiry of April derivative contracts, with index heavyweights UltraTech Cement Ltd and Reliance Industries hitting record highs.

Indian shares dented by crude surge, financials drag

22 Apr 2019

April 22 The Indian stock market fell the most in nearly two weeks on Monday as oil prices ratcheted higher and pushed the rupee to a six-week low, while losses in financials also weighed.

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