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Reuters

Indian drugmakers face squeeze in US on fears of tougher rules

Healthcare

17 March, 2017

Indian drugmakers face squeeze in US on fears of tougher rules

India's small and medium-sized generic drugmakers say the threat of tougher rules and higher barriers for outsiders in the U.S. ......

Govt to examine if foreign airlines can fully own India carriers via investment partners

Infrastructure

17 March, 2017

Govt to examine if foreign airlines can fully own India carriers via investment partners

India's civil aviation secretary said on Friday it was not possible for a foreign airline to fully own an Indian ......

Food, drink giants plot fightback as India looks to tighten rules

Consumer

16 March, 2017

Food, drink giants plot fightback as India looks to tighten rules

Several food and drink multinationals and trade groups met in recent weeks to discuss how to lobby more effectively against ......

Indian Oil to sell 24% stake in JV to US partner Lubrizol

Manufacturing

16 March, 2017

Indian Oil to sell 24% stake in JV to US partner Lubrizol

India's cabinet gave the go-ahead on Wednesday for state-run Indian Oil Corp to sell a 24 percent stake in a ......

Vedanta's Agarwal to buy $2.5 bn stake in Anglo American

Manufacturing

16 March, 2017

Vedanta's Agarwal to buy $2.5 bn stake in Anglo American

Anil Agarwal, Founder and Chairman of Vedanta Resources Plc.Indian billionaire Anil Agarwal said he was buying a 2 billion ......

US Fed lifts rates for second time in three months

Others

16 March, 2017

US Fed lifts rates for second time in three months

The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by ......

Blackstone selects Luxembourg for EU base

General

14 March, 2017

Blackstone selects Luxembourg for EU base

Private equity firm Blackstone (BX.N) is among a number of financial services companies to have chosen Luxembourg as the site ......

Stocks, rupee jump on PM Modi's win in state elections

General

14 March, 2017

Stocks, rupee jump on PM Modi's win in state elections

The Nifty rose as much as 2.1 percent to a record high while the rupee hit a 14-month peak on ......

Finance minister Arun Jaitley takes charge of defence ministry

General

14 March, 2017

Finance minister Arun Jaitley takes charge of defence ministry

Finance Minister Arun Jaitley has also been appointed defence minister, the office of Indian President Pranab Mukherjee tweeted on Monday, ......

India inflation quickens in February on rising food prices

General

14 March, 2017

India inflation quickens in February on rising food prices

Indian retail price inflation picked up in February, after having cooled the previous month to its lowest in at least ......