India

Disney to sell stake in Tata’s US billion India TV platform: sources
Disney to sell stake in Tata’s US$1 billion India TV platform: sources
WALT Disney has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media...
India central bank’s record dividend to government may reduce fiscal gap
India central bank’s record dividend to government may reduce fiscal gap
THE board of India’s central bank approved a record surplus transfer of 2.11 trillion rupees (S$34.1 billion) to the government for the fiscal year that ended in March, sharply...
Vendor in contract spat with Sembcorp’s wind-power unit in India files new counterclaim
Vendor in contract spat with Sembcorp’s wind-power unit in India files new counterclaim
A VENDOR involved in a contract dispute with Sembcorp Industries’ indirect, wholly-owned Indian subsidiary, Green Infra Wind Energy Limited (GIWEL) has added another claim to the dispute, bumping up...
Big IPOs seen making a comeback in india as stock boom continues
Big IPOs seen making a comeback in india as stock boom continues
A BOOM in tiny initial public offerings (IPOs) in India may soon be followed by larger deals, broadening options for global investors looking to join the nation’s equities frenzy....
CapitaLand India Trust appoints new CEO-designate
CapitaLand India Trust appoints new CEO-designate
CAPITALAND India Trust : CY6U 0% (Clint) has appointed Gauri Shankar Nagabhushanam as its new chief executive officer (CEO), effective August 2024.He is currently the CEO of India Business...
India regulator plans tighter rules for listing of small businesses: sources
India regulator plans tighter rules for listing of small businesses: sources
INDIA’S markets regulator and exchanges will tighten rules for public offers of small and medium enterprises (SMEs), according to two sources, after complaints of misuse of a separate listing...
JPMorgan says India index inclusion on track, clients ready
JPMorgan says India index inclusion on track, clients ready
JPMORGAN Chase is on track to include India in its emerging market debt index from June with most of its clients ready to trade despite some “teething issues”, according...
Drugmaker Abbott India posts Q4 profit rise on higher sales
Drugmaker Abbott India posts Q4 profit rise on higher sales
Indian drugmaker Abbott India reported a 24 per cent rise in fourth-quarter profit on Thursday (May 9), as strong sales outpaced the impact of government pricing caps on certain...
India projects biggest power shortfall in 14 years
India projects biggest power shortfall in 14 years
India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, its government told Reuters, and is racing to avoid outages by...
Air India Express flights disrupted for second day after cabin crew call in sick
Air India Express flights disrupted for second day after cabin crew call in sick
Tata Group’s budget carrier Air India Express said it had cancelled around a quarter of its flights on Thursday (May 9) and was taking “appropriate action” against cabin crew...