[1/2]India’s Prime Minister Narendra Modi speaks during a meeting at The Ministry of Foreign Affairs in Paris France July 14, 2023. JULIEN DE ROSA/Pool via REUTERS/File Photo Prime Minister not at risk of losing confidence vote Is a tactic to force a debate about Manipur violence NEW DELHI, July 26 …
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NEW DELHI, July 26 (Reuters) – India’s Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a 28% tax on funds that online gaming companies and casinos collect from customers, and finalise other rules, a government official said on Wednesday. The council, chaired by India’s …
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CHENNAI/BENGALURU, July 26 (Reuters) – India’s Tata Consumer Products (TACN.NS) reported a smaller-than-expected 24% rise in first-quarter profit on Wednesday, as mounting expenses outpaced higher sales of its eponymous packaged food and beverages. The Kolkata, West Bengal-based company said its consolidated net profit rose to 3.17 billion Indian rupees ($38.66 …
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[1/2]People buy tomatoes from a vendor at a vegetable market in Ahmedabad, India, July 25, 2023. REUTERS/Amit Dave/File Photo NEW DELHI, July 26 (Reuters) – Many Indian restaurants are cutting back on tomatoes in their popular dishes and consumer companies are ramping up production of cheaper purees that are flying …
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Project Cheetah, an Indian government initiative, began last year with eight cheetahs arriving in India to mark Prime Minister Narendra Modi’s birthday. And this year, 12 more arrived from South Africa. Many conservationists warned against the relocation, saying the project was rushed, and the cheetahs would have a hard time …
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[1/2]Colgate toothpaste is pictured on sale at a grocery store in Pasadena, California January 30, 2014. REUTERS/Mario Anzuoni/File photo BENGALURU, July 26 (Reuters) – Toothpaste maker Colgate-Palmolive (India)’s (COLG.NS) quarterly profit rose 30.5% on Wednesday, aided by improved domestic demand. Net profit roseto 2.74 billion rupees ($33.40 million) for the …
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[1/2]A man walks across the LED board showing the logo of Jio at the ongoing India Mobile Congress 2022, at Pragati Maidan, in New Delhi, India, October 3, 2022. REUTERS/Anushree Fadnavis/File Photo MUMBAI, July 26 (Reuters) – India’s Jio Financial Services (JIOF.NS), part of billionaire Mukesh Ambani led Reliance Group, …
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BENGALURU, July 26 (Reuters) – India’s Tech Mahindra (TEML.NS) on Wednesday posted a surprise 39% drop in first-quarter profit, as challenging macroeconomic conditions prompted clients to curb spending. The company’s consolidated net profit fell to 6.93 billion rupees ($84.5 million) for the quarter ended June 30. Analysts were expecting profit …
Read More »[1/3]Visitors gather at Applied Materials and Micron Technology kiosks before the start of ‘SemiconIndia 2023’, India’s annual semiconductor conference, in Gandhinagar, India, July 25, 2023. REUTERS/Amit Dave GANDHINAGAR, India July 26 (Reuters) – Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in …
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BENGALURU, July 26 (Reuters) – GlaxoSmithKline Pharmaceuticals (GLAX.NS), the Indian unit of UK’s GSK plc (GSK.L), posted an 11% rise in first-quarter profit on Wednesday, buoyed by strong demand for its vaccines. The firm said consolidated profit for the quarter ended June 30 rose to 1.32 billion rupees ($16.10 million) …
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