Reuters India

India PM Modi says encouraging response to global grid proposal

BAMBOLIM, India (Reuters) – India has had an “encouraging” response from other countries to its proposal to build a transnational grid to enhance energy security, Prime Minister Narendra Modi said on Saturday. “We are promoting this mutually beneficial cooperation with our neighbors in this region. And I can tell you, we are seeing encouraging results,” …

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Fiat Chrysler gets new chance to block Mahindra 4x4s in Jeep trademark case

(This September 2022 story has been corrected to clarify that the decision ordered the lower court to reconsider whether ‘safe distance’ rule applied) By Blake Brittain September 19, 2022 (Reuters) – Fiat Chrysler on Monday received a second chance to permanently block U.S. sales of redesigned Roxor off-road vehicles made by Indian carmaker Mahindra & …

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Indian women set fire to house of suspect as Manipur sex assault case triggers outrage

By Rupam Jain NEW DELHI (Reuters) -Women in India’s northeastern state of Manipur attacked the house of the main suspect in a sexual assault case that has enraged the nation, state police said on Friday. The person had allegedly dragged two tribal women onto the streets in May and incited a mob to rape and …

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India regulator permits Go First to resume flying with conditions

NEW DELHI (Reuters) -India’s aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations if it can meet certain conditions, including getting interim funding and approval of its flight schedule, an order viewed by Reuters showed. The cash-strapped airline stopped flying operations in May and was granted bankruptcy protection after it …

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India’s Reliance misses profit view as oil-to-chemicals business drags

By Sethuraman N R BENGALURU (Reuters) -Reliance Industries, India’s most valuable company, reported a wider-than-expected drop in first-quarter profit on Friday, as its flagship oil-to-chemicals (O2C) business was hurt by weak demand and a steep fall in refining margins. Reliance’s O2C business is still its main growth engine that powers both profit and revenue, despite …

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