India Business

India Business

Malaysia may emerge as top palm oil supplier to India

  INDONESIA’s “unpredictable” palm oil export policies may help Malaysia emerge as the dominant supplier to India, the world’s top buyer of the edible oil,...

India’s LIC IPO subscribed 50 per cent

  THE INITIAL public offering of the state-run Life Insurance Corporation of India was subscribed 50 per cent, hours after the issue opened on Wednesday...

More flights likely between India and Canada

  INDIA and Canada on Wednesday (4) discussed expansion of a bilateral air service agreement that will allow more flights between the two countries. Union aviation...

Indian diamantaire Choksi pledged ‘fake diamonds to get loan’

  INDIA’S federal investigation agency has filed a fresh case against absconding diamantaire Mehul Choksi for allegedly defrauding a financial institution. Choksi, who is also wanted...

Heatwave in India pushes power demand to record high

INDIA’S electricity demand touched a record high in April as its northern states reeled under the hottest pre-summer months in decades, with a surge...

Shell to buy Indian renewable energy platform Sprng

BRITISH multinational Shell signed an agreement with Actis Solenergi Limited to acquire the Indian renewable energy platform Sprng Energy for $1.55 billion (£1.23 bn). Shell...

India-EU to form trade and technology council

  THE European Union (EU) and India agreed on Monday (25) to set up a trade and technology council (TTC) to step up cooperation, as...

Vendata declares £1.22 bn dividend as profit soars

  COMMODITIES major Vedanta Ltd reported a 58 per cent jump in its annual net profit, riding on a surge in metal and energy prices. Shareholders...

India’s open e-commerce network to take on Amazon, Walmart

  INDIA will launch an open network for digital commerce (ONDC) as the government tries to end the dominance of US companies Amazon.com and Walmart...

India-EU trade and investment talks to restart in June

INDIA and the European Union (EU) will formally restart in June the negotiations on the long-pending trade and investment agreements, a decision welcomed by...