By Rohith Nair DOHA (Reuters) – Australia and India have two of the longest-serving coaches at the Asian Cup and Saturday’s Group B opener between the teams promises to be a battle of styles between the pragmatic Aussies and an Indian side attempting to shed a defensive mindset. Australia come into the Asian Cup as …
Soccer-India ready to weather storm as Australia ‘reach for the stars’ at Asian Cup Read More »
BENGALURU (Reuters) – India’s benchmark Nifty 50 index is set for a muted open on Friday, with focus on information technology stocks after top companies TCS and Infosys flagged weak client spending in their quarterly results. India’s GIFT Nifty was trading at 21,720.50 as of 8:18 a.m. IST, suggesting the NSE Nifty 50 will open …
India’s Nifty 50 set for muted start with IT stocks in focus Read More »
(Reuters) – BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian education tech startup to $1 billion from $22 billion mark set in early 2022, TechCrunch reported on Friday, citing disclosures made by the asset manager. BlackRock, which owns less than 1% of Byju’s, declined …
BlackRock slashes India’s Byju’s valuation by 95% to $1 billion – TechCrunch Read More »
By Anushree Ashish Mukherjee (Reuters) -Gold eased on Thursday to a one-month low as the dollar ticked higher after hotter-than-expected inflation data, while hawkish remarks from Federal Reserve officials fuelled worries that higher interest rates could stay unchanged beyond March. Spot gold was down 0.1% at $2,024.99 per ounce, as of 2:30 p.m. ET (1930 …
Gold slides on brewing concerns of US rate cuts still far off Read More »
BENGALURU (Reuters) – India’s capital market regulator on Thursday proposed changes in rules for fundraising and disclosure requirements for listed companies, according to a discussion paper on the regulator’s website. A discussion paper is the first step before potential policy changes by the Securities and Exchange Board of India (SEBI) for listed entities, funds, and …
India’s market regulator proposes changes to ease fundraising rules Read More »
NEW DELHI (Reuters) – Shivam Dube proved his utility in India’s crowded batting lineup with a belligerent half-century to secure their six-wicket victory against Afghanistan in the opening T20 International in Mohali on Thursday. Left-hander Dube gave a good account of himself ahead of the T20 World Cup in June with an unbeaten 60 off …
Cricket-Dube fifty fires India to easy win against Afghanistan Read More »
By Aditya Kalra GANDHINAGAR, India (Reuters) – Indian data centre operator Yotta’s plans to purchase more AI chips from its partner Nvidia will be worth $500 million, taking its total order book with the U.S. firm to $1 billion as Yotta beefs up AI cloud services, its chief executive told Reuters. Yotta said last month that it …
Exclusive-India data centre firm Yotta’s Nvidia AI chip orders to reach $1 billion -CEO Read More »
(This Jan. 10 story has been officially corrected to remove reference to QQQ after Knight said he was speaking in general terms, not specifically referring to QQQ, in paragraph 12) By Dhwani Pandya GANDHINAGAR, India (Reuters) – U.S. stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list …
NASDAQ talks to India about overseas listings for local companies Read More »
MUMBAI (Reuters) – Netflix has removed an Indian language film from its platform after the movie faced a backlash on social media for depicting the daughter of a Hindu priest eating meat. Hindus are India’s largest religious grouping and Hindu priests, as well as their families, are typically vegetarian. “Annapoorani – The Goddess of Food”, …
Netflix removes Indian film with meat-eating scene after Hindu backlash Read More »
By Haripriya Suresh BENGALURU (Reuters) -India’s Infosys tightened its full-year revenue forecast on Thursday after reporting its first year-on-year drop in quarterly profit in over four years and missing expectations on sluggish demand from clients. The $245-billion information technology (IT) sector, which had gained immensely from a pandemic-induced digital services boom, has been struggling in …
India’s Infosys Q3 profit misses view, tightens FY rev forecast on weak demand Read More »
