Edition:
India

Samantha Kareen Nair

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

10 Nov 2017

SBI's results signal Indian banks' record bad loans peaking

MUMBAI State Bank of India (SBI) posted quarterly results that indicated the nation's lenders may see a slower build-up of bad loans, but questions remain on how quickly and smoothly they can get rid of $146 billion of such debt that has already piled up.

27 Oct 2017

ICICI Bank's second-quarter profit falls, awaits central bank report

MUMBAI ICICI Bank Ltd on Friday reported a bigger-than-expected 34 percent fall in second-quarter profit partly due to a smaller gain from the sale of a stake in a business, but bad loans remained stable.

24 Oct 2017

HDFC Bank posts record profit, bad loans stable

MUMBAI HDFC Bank Ltd, India's second-biggest lender by assets, made a record quarterly profit from higher interest and fee income and said retail and wholesale lending was growing.

19 Aug 2017

Infosys CEO resigns after long-running feud with founders

BENGALURU/MUMBAI Vishal Sikka, the chief executive brought in to turn around India's Infosys three years ago, resigned on Friday, blaming a "continuous drumbeat of distractions" and a long-running row with the founders over company strategy. | Video

18 Aug 2017

BRIEF-India's Infosys' chairman says co has no interest in engaging in legal battle against Murthy

* India's Infosys' chairman says there will be no change to our buyback plan

04 Aug 2017

HPCL aims to buy U.S. oil in next few months

NEW DELHI/BENGALURU Hindustan Petroleum Corp plans to buy low-sulphur oil from the United States in the next few months for its 166,000 barrel per day (bpd) Vizag refinery in southern India, company executives said on Friday.

26 Jul 2017

Sensex rises; Vedanta hits near three-year high

The NSE Nifty edged up on Wednesday, hovering near the 10,000-point mark it breached for the first time in the previous session, with stocks such as Vedanta Ltd gaining on solid quarterly results.

30 Jun 2017

CDSL soars 80 percent in debut on rosy outlook, little competition

MUMBAI Central Depository Services (India) Ltd soared some 80 percent its debut on Friday, as investors flocked to a firm that has just one rival to compete with and robust earnings prospects as the nation's equity markets rack up new highs.

30 May 2017

Pain from India's phone wars extends beyond RCom's sibling spat

MUMBAI/BENGALURU Reliance Communications' balance sheet troubles, which have wiped off more than a third of its value this month, have thrown into sharp relief the squeeze afflicting India's telecoms sector: fickle users, wafer-thin margins and crippling debt.

27 May 2017

Tech Mahindra fourth-quarter profit dives 33 percent on weak margins

BANGALORE/MUMBAI Tech Mahindra Ltd, India's fifth-largest software service provider, posted a lower-than-expected fourth-quarter consolidated profit on Friday, weighed down by weak margins and higher cost of services.

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