July 25 (Reuters) – India will host world test champions Australia in a one-day international (ODI) series ahead of the World Cup before taking on England in test matches, the Board of Control for Cricket in India (BCCI) said on Tuesday. The Indian team is set to play 16 international …
Read More »India’s Tata Steel CEO says prices to ease in Q2
NEW DELHI, July 25 (Reuters) – India’s Tata Steel Ltd (TISC.NS) expects lower steel prices in the July-September quarter in India and Europe, aided by a fall in the prices of coking coal, a key raw material, its chief executive and managing director said on Tuesday. “In India, the Q2 …
Read More »IMF: India’s rice restrictions could fuel food price inflation
WASHINGTON, July 25 (Reuters) – India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday. Gourinchas told a news conference that India’s restriction would have a similar effect of the …
Read More »India’s Tata Motors posts Q1 profit
[1/2]Visitors look at a Tata Motors’ sub-compact sport utility vehicle (SUV) Tata Nexon, after its launch in Mumbai, India September 21, 2017. REUTERS/Shailesh Andrade/File Photo BENGALURU, July 25 (Reuters) – Tata Motors (TAMO.NS), India’s largest automaker by revenue, reported a third consecutive quarterly profit on Tuesday, helped by price hikes …
Read More »Prosus says India’s Byju’s ‘regularly disregarded’ former director’s advice
BENGALURU, July 25 (Reuters) – Prosus NV (PRX.AS), an investor in Indian educational technology startup Byju’s, said on Tuesday that the troubled company’s directors “regularly disregarded advice” despite repeated efforts by the Dutch-listed technology firm’s former director. Prosus, which this year slashed its valuation of Byju’s to $5.1 billion from …
Read More »Inside the battle to lure India’s growing class of big-spending travelers
OAP and off-season jaunts As well as destination trends, tour operators are rushing to cater for other shifts in the way people travel. A quest for value for money is driving holidaymakers to book breaks during monsoon season when airfares and accommodation are cheaper, as well as opt for shorter …
Read More »Britain sees improved momentum in the latest round of India trade talks, source says
LONDON, July 21 (Reuters) – Talks between Britain and India on a free trade agreement (FTA) have gained momentum but further work is needed on services and tariffs to secure a deal, a British source close to the negotiations told Reuters. Britain began free trade talks with India in January …
Read More »India’s biggest cinema operator banks on “Barbenheimer” after Bollywood flops
MUMBAI, July 21 (Reuters) – India’s biggest cinema operator PVR Inox ( PVRL.NS ) is banking on Hollywood’s “Oppenheimer”, “Barbie” and unlimited popcorn to pack theaters after a string of Bollywood flops kept away those patrons who still favor going to the movies over streaming services. Hoping to cash in …
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