By Sakshi Dayal NEW DELHI (Reuters) – India has tightened restrictions aimed at helping the public cope with pollution twice in 24 hours for New Delhi and its surrounding regions after a deterioration in air quality. The latest recommendations for Tuesday were issued late Monday after the air quality index (AQI) reading rose above 400 …
India tightens curbs as air pollution turns ‘severe’ Read More »
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) likely intervened to support the rupee after the currency slipped to an all-time low on Tuesday amid worries over a sizeable widening of the Asian nation’s trade deficit. The rupee, having dropped to a record low of 84.92, was last at 84.9125 to …
India cenbank likely steps in as trade deficit woes push rupee to record low Read More »
(Reuters) – Indian hotel operator Ventive Hospitality has set a price band of 610 rupees to 643 rupees per share ($7.19-$7.57) for its initial public offering, a newspaper advertisement showed on Tuesday. Ventive, backed by U.S. private equity firm Blackstone Group and real estate developer Panchshil Realty, operates 11 hotels and resorts including JW Marriott …
India’s Ventive Hospitality sets price band of 610-643 rupees per share in IPO Read More »
By Jeff Mason and Steve Holland PALM BEACH, Florida (Reuters) -President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that SoftBank would invest $100 billion in the U.S. over the next four years in what would be a boost to the U.S. economy. Trump said in his joint appearance …
Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event Read More »
(Reuters) – India’s GreenLine Mobility Solutions, a part of the retail-to-mining Essar Group, said on Tuesday it will supply battery manufacturing firm Exide Industries with liquefied natural gas (LNG) trucks. The partnership will help Exide reduce logistics-related emissions and align its supply chain with sustainability goals. (Reporting by Yagnoseni Das in Bengaluru; Editing by Mrigank …
India’s GreenLine Mobility to supply LNG trucks to Exide Industries Read More »
By Timothy Gardner and Doina Chiacu WASHINGTON (Reuters) -The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang’s financial and military support to Moscow as well as its ballistic missile program. The sanctions, which list North Korean banks, generals and other officials, as well as Russian oil shipping companies, are …
US hits North Korea and Russia with new sanctions, Treasury says Read More »
(Reuters) – Rain delayed the resumption of play after lunch on day four of the third test between Australia and India in Brisbane on Tuesday. India were 167 for six in reply to Australia’s first innings 445 at the Gabba, still needing 79 runs to avoid the follow-on. Ravindra Jadeja was 41 not out at …
Cricket-Rain halts third Australia-India test after lunch Read More »
HONG KONG (Reuters) – China announced on Tuesday a relaxation of its visa-free transit policy, extending the permitted stay for eligible foreign travellers to 240 hours, or 10 days, from the original 72-144 hours, as authorities aim to lure more foreign visitors. The measure, which is effective immediately, was announced by the National Immigration Administration …
China extends visa-free transit stays to 10 days Read More »
(Reuters) – Carraro India [CARD.NS] has set a price band of 668 rupees to 704 rupees per share ($7.87-$8.29) for its downsized $147 million initial public offering, a newspaper advertisement showed on Tuesday. Carraro India, a unit of Italian vehicle transmission systems manufacturer Carraro International, makes axles and transmission systems for agricultural tractors and construction …
Carraro India sets price band of 668-704 rupees per share in downsized IPO Read More »
By Anant Chandak BENGALURU (Reuters) – The Philippine central bank will cut its key policy rate by a quarter point for the third time in a row on Thursday as inflation stays under control and the economy weakens, according to a Reuters poll which also forecast three more cuts next year. Despite inflation rising for …
