Reuters India

By Aditi Shah and Rishika Sadam HYDERABAD, India (Reuters) -Boeing expects no meaningful delays of plane deliveries to India because of the MAX 9 issues even as it intensifies quality scrutiny of its 737 jets production programme, a top company executive said on Friday. An incident where a cabin panel on a 737 MAX 9 jet blew out shortly after …

Boeing sees no delays to plane deliveries to India because of MAX 9 issues Read More »

MUMBAI (Reuters) -The Indian stock market will have a full trading session on Saturday, Jan. 20, the Bombay Stock Exchange said in a circular on Friday. The trading session will take place during regular hours in the equity, securities, lending and borrowing (SLB) and equity derivatives segments, the exchange said. Trading across equities, debt and …

Indian stock market open for trading on Saturday, closed on Monday Read More »

By Shivansh Tiwary BENGALURU (Reuters) – India will not have to wait too long for a Boeing aircraft that is designed and manufactured in the subcontinent, Prime Minister Narendra Modi said at the inauguration of the planemaker’s engineering center in Bengaluru on Friday. The Boeing India Engineering & Technology Center (BIETC) in the capital city …

India PM Modi says won’t be long before Boeing makes aircraft in India Read More »

By Dimpal Gulwani BENGALURU (Reuters) – Indian digital payments firm Paytm posted an operating profit for the fifth consecutive quarter on Friday on account of festive season-led sales. Operating profit, which the company defines as core profit before cost of employee stock-options, was at 2.19 billion rupees for the quarter ended Dec. 31 compared with …

India’s Paytm posts fifth straight operating profit on festive demand Read More »

BENGALURU (Reuters) – Reliance Industries’ third-quarter revenue came in slightly below estimates on Friday due to lower price realisation on its refined products and the planned shutdown of some units at its refinery complex in the western state of Gujarat. The Jamnagar complex, which houses two plants with a combined capacity of about 1.4 million …

India’s Reliance Industries posts Q3 revenue just shy of estimates on refinery shutdowns Read More »

By Praveen Paramasivam CHENNAI (Reuters) -Hindustan Unilever (HUL), the Indian arm of UK’s Unilever, posted a smaller-than-expected increase in quarterly profit on Friday as competition in the consumer goods space heated up and demand in rural regions remained low. Consumer goods giants, including HUL peers Nestle India and Britannia Industries, have been struggling with a …

Unilever India’s Q3 results hit by competition, sluggish rural demand Read More »

NEW DELHI (Reuters) – A cut in duty on mobile phone parts is the “good logical next step” for India, as the nation aims to boost production and exports, the electronics minister told CNBC TV-18 in an interview on Friday. “We have to move from import substitution to export-led growth, that is the transition we …

India minister sees case for duty cuts on mobile phone parts – TV Read More »

By Aditi Shah HYDERABAD, India (Reuters) – Foreign investors would feel more confident about increasing their aircraft leasing business in India if the country firmed up legislation on the repossession rights of lessors, a top executive at AerCap Holdings said. Debate over the rights of lessors in India came to the fore last year when …

AerCap says better India plane reclaim rules to boost investor morale Read More »