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Alibaba puts India investment plan on hold amid China tensions

China's Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told Reuters, amid souring business relations...

Anil Ambani receives reprieve from court in insolvency proceedings

An Indian court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani, the younger brother of India's richest man, and barred him...

Vedanta moves top court against order refusing opening of Tamil Nadu plant

Mining giant Vedanta moved India's Supreme Court on Wednesday against the Madras High Court order refusing to allow reopening of its Sterlite copper unit...

Airbnb files for initial public offering

Home-sharing startup Airbnb on Wednesday said it has confidentially filed with US regulators for an initial public offering. The number of shares and price has...

Eyeing Amazon, Reliance buys Indian online pharmacy stake

Indian conglomerate Reliance has bought a majority stake in online pharmacy Netmeds for $83 million, opening a new front in its battle with Amazon...

Chinese firms hit by new import hurdles in India

Chinese firms like Xiaomi are facing delays getting approvals from India's quality control agency for their goods, five industry sources told Reuters, as the business...

Walmart’s Flipkart eyes alcohol delivery foray with Indian startup

Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian states, according to government letters...
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