Edition:
India

Krishna V Kurup

Nifty, Sensex fall on monsoon delay, caution ahead of budget

10:57am IST

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.

Indian shares falter; tariffs on U.S. goods stoke trade war fears

17 Jun 2019

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.

Indian shares rise as PM Modi's cabinet takes shape; oil marketers lead gains

31 May 2019

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.

IndiGo forecasts strong year as Jet collapse boosts profit

27 May 2019

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.

Nifty, Sensex skid on renewed fears of U.S.-China trade spat

06 May 2019

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.

Grounded Jet Airways' shares sink, rivals rush to grab market share

18 Apr 2019

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

Indian telco Vodafone Idea's $3.6 billion rights issue to cause massive dilution

20 Mar 2019

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.

Brotherly love at Reliance? India's Mukesh Ambani provides 'support' to brother Anil as debt paid off

19 Mar 2019

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.

Singtel injects $525 million in Airtel as competition mounts in India

07 Mar 2019

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, Pakistan markets rattled as Kashmir tensions rise

27 Feb 2019

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.

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