BENGALURU (Reuters) – Indian stockbroker Angel One Ltd reported a 30.4% rise in its quarterly profit on Monday, helped by a surge in trading volumes and orders. The company, which offers various trading apps, said its total client base rose 49.5% to 13.8 million during the three months ended March 31. Angel One’s consolidated profit …
India’s Angel One posts 30% jump in Q4 profit as orders spike Read More »
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Apple Chief Executive Tim Cook will meet India’s Prime Minister Narendra Modi and its deputy IT minister as part of his visit to inaugurate the iPhone maker’s first retail store in the country this week, people familiar with the plans said. The visit by Cook …
Apple CEO Cook to meet Indian PM Modi amid expansion – sources Read More »
By Nidhi Verma and Krishn Kaushik NEW DELHI (Reuters) -India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that could deepen bilateral commercial ties that have flourished since war broke out in Ukraine. The FTA talks mark a step-up in economic relations between the two …
India, Russia talk free trade deal in step-up of relations Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares snapped a nine-day winning streak after Infosys tumbled over 9% and sparked a selloff in IT stocks, following the country’s No. 2 IT services exporter’s weak quarterly results and forecast. The Nifty 50 closed 0.68% lower at 17,706.85. IST, while the S&P BSE Sensex lost 0.86% to 59,910.75. …
Indian shares snap 9-day winning streak as Infosys leads IT tumble Read More »
MUMBAI (Reuters) – At least eleven people died on Sunday after suffering from sunstroke at an event attended by India’s home minister on the outskirts of Mumbai, the chief minister of Maharashtra state said. Hundreds of thousands of people attended an award function on Sunday afternoon where federal home minister Amit Shah presented an award …
Eleven people die of sunstroke near Mumbai after open-air award function Read More »
By Nishit Navin BENGALURU (Reuters) -Shares of Infosys Ltd slumped nearly 15% on Monday, dragging peers and the benchmark index, after the company’s dismal revenue outlook raised concerns about demand for Indian IT services amid a global banking turmoil and recession fears. Infosys’ outlook last week followed a disappointing quarterly report from larger rival Tata Consultancy …
India’s Infosys tumbles 15% on weak revenue outlook, dents sector Read More »
By Arpan Chaturvedi NEW DELHI (Reuters) – Court appeals in India to legalise same-sex marriage are “urban elitist views”, the government has said in a new court document that seeks the dismissal of the challenge and says that parliament is the right platform to debate the matter. Prime Minister Narendra Modi’s government has already opposed …
India government calls same-sex marriage appeals ‘urban elitist views’ Read More »
NEW DELHI (Reuters) – India’s annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input prices continued to moderate, government data showed on Monday. WPI in March was 1.34% year-on-year, lower than 3.85% in the previous month and a Reuters poll of 1.87%. In March, the food index rose 2.32% …
India’s March wholesale inflation eases to 30-month low on easing input prices Read More »
MUMBAI (Reuters) -Arjun Tendulkar, son of batting great Sachin, made his Indian Premier League (IPL) debut for Mumbai Indians in their home match against former champions Kolkata Knight Riders on Sunday. The Tendulkars became the first father-son duo to play the IPL after Arjun, 23, received his cap from Mumbai captain Rohit Sharma. With Mumbai …
Cricket-Tendulkar junior makes IPL debut with Mumbai Read More »
By Saurabh Sharma LUCKNOW, India (Reuters) -A former lawmaker in India’s parliament, convicted of kidnapping, was shot dead along with his brother while police were escorting them for a medical check-up in a slaying caught on live television on Saturday. The dramatic footage of the men being killed was shared across broadcast channels and social …
