India seeks to restore block on $725 mln of Xiaomi’s bank assets
India's financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million in the Indian bank accounts of Xiaomi Corp (1810.HK) as...
Ford makes U-turn, shelves plans for EV exports from India
Ford Motor Co (F.N) said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports, while it explores options for its two...
Google picks former Modi think-tank official as India policy head -source
Alphabet Inc's (GOOGL.O) Google has hired a new public policy head in India, Archana Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank and the...
India’s $2.7 bln LIC IPO subscribed 67% on first day
Life Insurance Corp's (LIC) $2.7 billion IPO, India's largest public issue, was subscribed 67% on the first day of bidding, even as a surprise rate...
India raises rates at surprise monetary policy meeting, bond yields jump
India's central bank raised its main lending rate off record lows in a surprise move on Wednesday to contain rising inflation, shocking markets and pushing...
Indian grocery startup Zepto raises new funds at $900 million valuation
Indian grocery startup Zepto said on Tuesday it has raised $200 million in fresh funding that values the company at around $900 million, signalling growing...
India sets end-June coal import targets as power woes mount
India has asked state and private sector utilities to ensure delivery of 19 million tonnes of coal from overseas by end-June, according to a power...
Extreme heat kills at least 25 in India’s Maharashtra state
India's western state of Maharashtra has registered 25 deaths from heat stroke since late March, the highest toll in the past five years, with more...
Over 59 mln shares reserved for anchor investors in LIC IPO
The IPO of Life Insurance Corporation (LIC), India's biggest insurer, has got off to a strong start, with 59.3 million shares that were set aside...
India seizes documents, data from Amazon, Flipkart sellers in raids
Indian investigators seized data and documents from top sellers on Amazon.com Inc's (AMZN.O) and Flipkart's marketplaces in a second day of raids on Friday over suspected competition...