India News

Tata Steel, Thyssenkrupp will not spin off joint venture in next 2-3 years

BRUSSELS (Reuters) – Tata Steel and Thyssenkrupp have no plans to spin off their pending European steel joint venture within the next two to three years, Tata’s managing director...

U.S. buyers favor iPhone 7 over 8 – research

(Reuters) – Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital...

Abu Dhabi Investment Authority's unit to invest $1 billion in India's infra fund

MUMBAI (Reuters) – India’s National Investment and Infrastructure Fund (NIIF) on Monday said it signed a $1 billion investment deal with a unit of Abu Dhabi Investment Authority (ADIA)...

Apple iPhone 7 is outselling iPhone 8: analyst

(Reuters) – Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital...

Huawei aims to challenge Apple and Samsung on technology as well as price

LONDON/HONG KONG (Reuters) – China’s Huawei has unveiled a new line of smartphones that match or even improve on key features offered by Apple or Samsung while undercutting their...

Thousands of new Rohingya refugees flee violence, hunger in Myanmar for Bangladesh

COX’S BAZAR/YANGON (Reuters) – Hungry, destitute and scared, thousands of new Rohingya refugees crossed the border into Bangladesh from Myanmar early on Monday, Reuters witnesses said, fleeing hunger and...

India prefers domestic buyer for Air India: government source

NEW DELHI (Reuters) – India would prefer selling state-owned Air India to a domestic buyer, a government source told reporters on Monday, as it finalises the privatisation process. Source:...

Asia oil buyers turn to U.S. in hunt for cheap supply

SINGAPORE/NEW YORK (Reuters) – Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap...

Sensex, Nifty hit record closing highs

REUTERS – Indian shares hit record closing highs on Monday as investors were encouraged by recent economic data which showed the country’s merchandise exports surged in September, pushing the...

Philippines vows to crush pro-Islamic State groups after two leaders killed

MANILA (Reuters) – The Philippines’ military chief vowed no letup on Monday in hunting down and destroying extremist groups loyal to Islamic State, saying Marawi City would be retaken...