India’s Zomato faces heat for plans to deliver food in 10 minutes
By Abhirup Roy and Aditya Kalra MUMBAI – Indian food-delivery giant Zomato Ltd is facing a backlash on social media for its plans to roll …
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Iran ready to meet India’s energy needs, Tehran envoy tells New Delhi
NEW DELHI – Iran is ready to meet India’s energy security needs, its ambassador to India was quoted as saying on Friday, as negotiations continue …
SoftBank execs to leave boards of India’s Paytm, Policybazaar – source
NEW DELHI – Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online …
Amazon, Future talks have failed, lawyers tell India’s Supreme Court
NEW DELHI – Talks between Amazon.com Inc and India’s Future Retail aimed at resolving a long-running dispute over whether Future’s retail assets can be sold …
India’s top refiner IOC buys 3 million bbls Russian Urals crude via tender -sources
By Nidhi Verma NEW DELHI – Indian Oil Corp, the country’s top refiner, bought 3 million barrels of Russian Urals from trader Vitol for May …
India’s February WPI inflation accelerates to 13.11% y/y
NEW DELHI – India’s annual wholesale price-based inflation accelerated to 13.11% in February from the previous month’s 12.96%, government data showed on Monday. February’s figure …
India’s Paytm chief detained briefly for negligent driving: reports
MUMBAI – Indian police briefly detained Vijay Shekhar Sharma, the founder and CEO of the fintech firm Paytm in New Delhi in February for a …
Japan’s Renesas, India’s Tata Elxsi partner in EV design centre
TOKYO – Japanese chipmaker Renesas Electronics Corp announced on Thursday it will set up a design centre with India’s Tata Elxsi Ltd to jointly develop …
Economists say higher oil prices pose further risk to India’s growth momentum
By Manoj Kumar NEW DELHI – Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already …
Electrolyser supply crunch hangs over India’s hydrogen ambitions
By Sudarshan Varadhan NEW DELHI – A global supply crunch of electrolysers needed to produce green hydrogen and a lack of domestic manufacturers to make …
Himalaya yogi ran India’s top bourse as puppet master, regulator says
By Abhirup Roy MUMBAI – The former head of India’s largest stock exchange shared confidential information with a yogi and sought his advice on crucial …
India’s Reliance plans to turn syngas into blue hydrogen
By Nidhi Verma NEW DELHI – India’s Reliance Industries Ltd plans to produce blue hydrogen at a “competitive cost” of about $1.2-$1.5 per kg as …
India’s Maharashtra hopes to persuade Amazon, Uber, others to go electric faster
By Aditi Shah NEW DELHI – India’s Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify their delivery fleets ahead …