Reuters India

(Reuters) – Mohammed Siraj and Travis Head have been slapped with demerit points for their bust-up in the second test between India and Australia while the Indian fast bowler was also fined 20% of his match fee, the International Cricket Council said on Monday. The duo had a fiery exchange after Siraj dismissed Australia batter …

Cricket-India’s Siraj and Australia’s Head sanctioned for Adelaide altercation Read More »

(Reuters) -Vodafone Idea will raise up to 19.80 billion rupees ($233.8 million) through the issue of preferential shares, the Indian telecom company said on Monday. Vodafone Idea said it will issue shares to Vodafone Group entities Omega Telecom Holdings and Usha Martin Telematics worth up to 12.8 billion rupees and 7 billion rupees, respectively. The …

Indian telco Vodafone Idea to raise $234 million via share issue Read More »

By Bharath Rajeswaran and Indranil Sarkar (Reuters) -India’s benchmark indexes inched lower on Monday, dragged by consumer stocks on Godrej Consumer Products’ bleak third-quarter forecast and auto stocks after data showed a drop in car sales last month. The NSE Nifty 50 fell 0.24% to 24,619 points, while the BSE Sensex shed 0.25% to 81,508.46, …

Consumer, autos stocks drag India’s benchmarks lower Read More »

By Aditya Kalra NEW DELHI (Reuters) – India’s antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart’s Flipkart e-commerce platforms, saying those challenges, filed by Samsung, Vivo and others at Indian high courts, were aiming to scuttle the probe. In a filing on Dec. 3, reviewed …

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases Read More »

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee closed slightly weaker on Monday, weighed down by a decline in its Asian peers with analysts expecting the local currency to continue facing headwinds amid persistent strength in the U.S. dollar. The rupee ended at 84.73 against the U.S. dollar, down from its close of 84.6875 …

Rupee ends marginally lower, near-term bearish bias tipped to persist Read More »