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India

Promit Mukherjee

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

6:57pm IST

Exclusive: JSW Steel plans bid for ArcelorMittal's Romanian plant

LONDON/MUMBAI India's biggest steelmaker JSW Steel is expected to make a bid for ArcelorMittal's Galati plant in Romania, three sources told Reuters, potentially competing against Ukraine's Metinvest and Italy's Marcegaglia.

07 Jun 2018

Reliance sees consumer business powering profits over next decade

MUMBAI Reliance Industries Ltd aims to make its consumer businesses as big as its core energy operations, chairman Mukesh Ambani said in its annual report, as he seeks to reshape the industrial powerhouse.

30 May 2018

Analysis: Copper prices to rise for Indian manufacturers after Vedanta smelter closure

MUMBAI/THOOTHUKUDI, India Indian electrical goods manufacturers will have to rely more on imported copper and are bracing for a rise in costs, after the government in Tamil Nadu this week ordered the permanent closure of Vedanta's copper smelter there.

24 May 2018

Deadly protests land a blow to Indian resources magnate Agarwal's ambitions

NEW DELHI Indian billionaire Anil Agarwal often talks about his dream to turn his London-listed company Vedanta Resources into a global resources giant. He has already bought stakes in big mining companies, such as Anglo American Plc, and says he plans to spend at least $1 billion on investments in Africa.

23 May 2018

Madras High Court halts expansion of Vedanta's copper smelter after protest killings

THOOTHUKUDI/MUMBAI India One person died and others were wounded by gunfire in Tamil Nadu on Wednesday in fresh violence related to protesters' demands that a copper smelter be shut on environmental grounds. The day before at least ten people were killed by police during a mass demonstration against the plant.

16 May 2018

India's small businesses find credit in short supply after mega-fraud

MUMBAI/NEW DELHI When a $2 billion dollar fraud at state-run Punjab National Bank rocked India two months ago, Chetan Hemani and other small business owners could have been forgiven for thinking "what's that got to do with me?"

14 May 2018

CBI charges former PNB head, 21 others in bank fraud case

NEW DELHI/MUMBAI The Central Bureau of Investigation (CBI) on Monday charged 22 people, including the former head of Punjab National Bank (PNB) and three firms, in the country's largest-ever bank fraud case.

01 May 2018

Kuwait Petroleum eyes stake in India's Bina refinery - sources

NEW DELHI/MUMBAI Kuwait Petroleum International (KPI) is in talks to buy 24 percent of the Bina joint venture refinery in central India, two Indian and two foreign sources said, as the Middle East nation wants to increase its South Asian market share.

28 Apr 2018

Indian green energy firms eye stock market listings - sources

MUMBAI Two Indian renewable energy firms are set to unveil stock market listing plans in the coming weeks, giving investors a new way to gain exposure to the sector at a time when India is pushing to make renewable power a bigger part of its energy mix.

27 Apr 2018

India aims to split GAIL within a year to open up gas sector

MUMBAI/NEW DELHI India plans to split state-run gas utility GAIL by March next year to create two companies: one marketing gas, and another operating pipelines that can be used by consumers who buy direct from producers, the head of the sector's regulator told Reuters.

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