Indian shares edged lower on Monday as a delay in monsoon rains and caution ahead of the federal budget kept investor sentiment cautious, while two-wheeler stocks were in focus on government's push for electric vehicles.
June 17 Indian shares fell on Monday, dented by
losses across sectors, after the country slapped higher tariffs
on certain U.S. products in retaliation to Washington's decision
to remove certain trade privileges for New Delhi.
May 31 Indian shares rose on Friday boosted by
optimism from a newly formed cabinet with investors awaiting
portfolio distribution due later in the day, while weak oil
prices pushed up oil marketing companies.
NEW DELHI/BENGALURU Interglobe Aviation Ltd , owner of Indian budget airline IndiGo, forecast a strong year ahead after the collapse of Jet Airways Ltd helped the company report a fivefold jump in fourth-quarter profit.
Indian shares fell on Monday, in line with tumbling Asian markets, after U.S. President Donald Trump threatened to raise tariffs on $200 billion worth of Chinese goods, casting doubts over talks this week that were largely expected to reach a trade accord.
MUMBAI/BENGALURU Jet Airways shares plunged on Thursday, battered by worries about whether the grounded Indian airline would fly again, while carriers such as SpiceJet rushed in to plug a supply gap in the wake of their rival's demise. | Video
Vodafone Idea Ltd, India's largest telecommunications company by subscribers, is selling $3.6 billion worth of shares in a rights issue at a discount of about 60 percent, which will more than triple its outstanding shares.
MUMBAI The Ambani brothers, whose public feud over control of the Reliance empire after their father's death in 2002 led to a split in the conglomerate, may have taken a major step to a more harmonious relationship on Monday.
SINGAPORE/BANGALORE Singapore Telecommunications Ltd (Singtel) said it will buy roughly $525 million worth Bharti Airtel stock as part of the Indian telecoms operator's plan to raise $4.6 billion through shares and bonds.
Indian and Pakistan shares fell on Wednesday as tensions between the two countries intensified with Islamabad saying it had shot down two Indian jets a day after Delhi said its warplanes had struck inside Pakistan.