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India woos Tesla with offer of cheaper production costs than China

Manufacturing

02 March, 2021

India woos Tesla with offer of cheaper production costs than China

India is ready to offer incentives to ensure Tesla Inc's cost of production would be less than in China if ......

RBI restricting banks from raising stakes in insurance firms

Finance

02 March, 2021

RBI restricting banks from raising stakes in insurance firms

India's central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than ......

Indian shares settle higher as IT, auto stocks gain

Markets

02 March, 2021

Indian shares settle higher as IT, auto stocks gain

Gains in IT stocks helped Indian shares close higher for a second straight session on Tuesday, with the auto sector ......

Walmart's Flipkart expands grocery sales to more Indian cities

TMT

02 March, 2021

Walmart's Flipkart expands grocery sales to more Indian cities

Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance ......

J&J working to bring very high capacity plant in India: Exec

Healthcare

02 March, 2021

J&J working to bring very high capacity plant in India: Exec

Johnson & Johnson is waiting on regulatory approval of a new, larger plant operated by contract manufacturer Catalent Inc to ......

Regulator proposes stricter rules on independent directors

Markets

01 March, 2021

Regulator proposes stricter rules on independent directors

India's market regulator proposed on Monday tighter eligibility and appointment rules for independent directors of listed companies, a move seen ......

Indian mobile retailers call for Amazon probe, cap on online smartphone sales

TMT

01 March, 2021

Indian mobile retailers call for Amazon probe, cap on online smartphone sales

An Indian trade group representing 150,000 mobile phone stores on Monday urged Prime Minister Narendra Modi to investigate Amazon's business ......

Indian shares jump on economic growth data, widening vaccination drive

Markets

01 March, 2021

Indian shares jump on economic growth data, widening vaccination drive

Indian shares closed higher on Monday after the country kicked off an expansion of its COVID-19 vaccine campaign and data ......

Brazil prosecutors seek to stop purchase of Indian vaccine

Healthcare

01 March, 2021

Brazil prosecutors seek to stop purchase of Indian vaccine

Brazilian prosecutors are seeking the immediate suspension of purchases of India's COVID-19 vaccine COVAXIN, according to a document seen by ......

Reliance partners Google, Facebook for digital payment network bid

TMT

01 March, 2021

Reliance partners Google, Facebook for digital payment network bid

India's conglomerate Reliance Industries has partnered with Facebook Inc, Google and fintech player Infibeam to set up a national digital ......