Disney, Reliance plan London meeting for India media merger talks-sources

Disney, Reliance plan London meeting for India media merger talks-sources

A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW DELHI, Dec 13 (Reuters) – Billionaire Mukesh Ambani’s Reliance Industries (RELI.NS) and U.S. giant Walt Disney (DIS.N) […]

India’s BPCL looking at buying Venezuela oil, official says

India’s BPCL looking at buying Venezuela oil, official says

A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/file photo Acquire Licensing Rights NEW DELHI, Dec 13 (Reuters) – India’s state run refiner Bharat Petroleum Corp (BPCL.NS) is looking at buying Venezuela oil, its head of refineries Sanjay […]

Hundreds still stranded, plants closed in India’s flood-hit Chennai

Hundreds still stranded, plants closed in India’s flood-hit Chennai

A volunteer offers food to a resident after his house got partially submerged following heavy rains due to Cyclone Michaung, in Chennai, India, December 6, 2023. REUTERS/Stringer/File photo Acquire Licensing Rights CHENNAI, Dec 8 (Reuters) – Volunteers waded through stagnant water to hand out food and supplies, and some manufacturing plants remained shut in India’s […]

Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources

Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources

Tesla eyes India, market leader Tata wary-sources Tata pushing Indian officials to not lower EV taxes Tata worried about committed investment if taxes lowered NEW DELHI, Dec 7 (Reuters) – Tata Motors (TAMO.NS) is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, […]

India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal

India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal

A van of media group Network18 is parked outside the Indian parliament in New Delhi July 16, 2014. REUTERS/Anindito Mukherjee/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s TV18 Broadcast (TVEB.NS) will merge with Network18 Media & Investments (NEFI.NS) in a $1.2 billion deal that will help the Reliance-owned companies expand their reach […]

India’s Paytm to curtail low-value personal loans after cenbank clampdown

India’s Paytm to curtail low-value personal loans after cenbank clampdown

A smartphone with the Paytm logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s Paytm (PAYT.NS) will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules […]

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights Ola sees 2023-24 sales 66% lower than previous estimate-document Ola aims now to turn profitable a year later in 2024-25-document Targets “toned down” after govt incentive cuts-sources […]

India to probe Apollo Hospital Delhi’s alleged links to ‘cash for kidneys’ scandal

India to probe Apollo Hospital Delhi’s alleged links to ‘cash for kidneys’ scandal

Patients and their attendants are seen inside Apollo hospital in New Delhi, India, September 8, 2015. Picture taken September 8, 2015. REUTERS/Adnan Abidi/File photo Acquire Licensing Rights NEW DELHI/HYDERABAD, Dec 6 (Reuters) – India’s health ministry has ordered a probe into Apollo Hospital Delhi, part of largest private hospital chain Apollo Hospitals (APLH.NS), after media […]

India’s Apollo Hospitals’ operator rejects allegation of illegal kidney transplants

India’s Apollo Hospitals’ operator rejects allegation of illegal kidney transplants

Patients and their attendants are seen inside Apollo hospital in New Delhi, India, September 8, 2015. REUTERS/Adnan Abidi/File Photo Acquire Licensing Rights BENGALURU, Dec 5 (Reuters) – India’s Indraprastha Medical Corp (IMCL.NS), which manages two Apollo hospitals in the national capital of Delhi, said on Tuesday that allegations regarding its involvement in illegal kidney transplants […]

Shanghai wants Microsoft to promote AI tech in city – govt

Shanghai wants Microsoft to promote AI tech in city – govt

A Microsoft sign at the U.S. tech giant’s offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights BEIJING, Dec 5 (Reuters) – Shanghai authorities told Microsoft’s (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub’s government […]