Pfizer’s India arm posts profit jump on lower costs, price hikes
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on Friday, boosted by price hikes and lower input costs. Profit…
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on Friday, boosted by price hikes and lower input costs. Profit…
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next week to bolster U.S.-India economic ties…
By Gopal Sharma KATHMANDU (Reuters) – Nepal’s main communist opposition party will balance the Himalayan nation’s ties with neighbours China and India for mutual benefit if it is returned to…
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India’s monetary policy committee met on Thursday to discuss the bank’s report to the government for having failed to meet…
By Sudipto Ganguly MUMBAI (Reuters) – Indian Prime Minister Narendra Modi’s home state of Gujarat will go to the polls next month, the election commission said on Thursday, a vote…
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Barclays Plc, which recently made big investments in India and Australia and set up a Taiwan subsidiary in July, is evaluating…
BENGALURU (Reuters) – The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on Nov. 1, it said on Monday, identifying…
By Krishna N. Das NEW DELHI (Reuters) – Britain is prioritising reaching a free-trade agreement with India, its foreign minister told Reuters on Saturday in his first visit to the…
NEW DELHI (Reuters) -India’s Tata group and Airbus will make the C-295 transport aircraft in the country, the government said on Thursday, the first such production by a local private…
MOSCOW (Reuters) – Russia’s dominant lender Sberbank is offering clients “vostro” accounts in rupees at its branches in India, aiming to facilitate clients in carrying out rupee-denominated trade transactions which…
By Abhirup Roy and Aditya Kalra MUMBAI (Reuters) – Indian authorities have asked a court to quash Pernod Ricard’s bid to halt proceedings related to a $244 million tax demand,…
BENGALURU (Reuters) – JPMorgan Chase & Co said on Monday it named former Reliance Industries executive Navin Wadhwani as the head of its Indian investment banking business, under a slew…
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) – The Reserve Bank of India’s monetary policy committee may lean more on data in deciding the key interest rate going ahead…
By Fayaz Bukhari SRINAGAR, India (Reuters) – India scrapped on Thursday a rule granting voting rights to new residents of its Jammu and Kashmir region after widespread anger among political…
By Anushka Trivedi MUMBAI (Reuters) – India’s central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that…
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it had inaugurated a new software hub in Bengaluru, India, its second innovation centre in the country, focusing on cockpit and driver…
(Reuters) – Billionaire entrepreneur Elon Musk’s SpaceX is set to seek a permit to launch satellite internet services in India under its Starlink brand, becoming the third company to apply…
BENGALURU (Reuters) – The Indian unit of Japan’s Toshiba will supply its SCiB rechargeable lithium-ion cells for 10,000 electric delivery vans made by Indian start-up EVage, the companies said on…
NEW DELHI (Reuters) – Apple Inc’s wireless earphones AirPods will be manufactured in India, television channel CNBC TV18 reported on Monday, citing the country’s IT ministry. The iPhone 14 will…
MUMBAI (Reuters) – The Indian government is aiming to raise at least 280 billion Indian rupees ($3.40 billion) through the sale of bonds on Friday. The Reserve Bank of India…
By Shaloo Shrivastava BENGALURU (Reuters) – Growth in India’s services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation, a private…
By Anant Chandak BENGALURU (Reuters) – India’s factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong…
MUMBAI (Reuters) – Chinese smartphone maker Xiaomi Corp on Sunday said it was “disappointed” with an Indian order that froze $682 million of its assets and would continue to protect…
NEW DELHI (Reuters) – India has deferred the imposition of taxes on dirtier and unblended retail fuel at a time when it is trying to contain surging inflation, which is…
By Aditi Shah NEW DELHI (Reuters) – A comprehensive trade deal between India and the European Union could pave the way for Mercedes-Benz to produce more cars in the South…