[ad_1] MUMBAI (Reuters) – India late last year modified foreign direct investment (FDI) rules for its burgeoning e-commerce sector that has attracted Walmart Inc and Amazon.com Inc, creating new hurdles for both global retail giants.
Raheja Group-owned Chalet Hotels $230 million IPO over subscribed
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, June 29, 2015. REUTERS/Danish Siddiqui/Files (Reuters) – Chalet Hotels Ltd’s initial public offering (IPO) to raise 16.41 billion
General Electric posts fourth-quarter profit, revenue beat; shares rise
[ad_1] (Reuters) – U.S. industrial conglomerate General Electric Co reported a $666 million profit from continuing operations for the fourth quarter, recovering from a $11.2 billion loss a year ago, sending its shares sharply higher.
Sensex, Nifty jump; budget in focus
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, December 11, 2018. REUTERS/Francis Mascarenhas/Files (Reuters) – Indian shares rose sharply on Thursday after the U.S. Federal Reserve
Exclusive: Modi plans to raise rural spending by 16 percent to woo rural voters – sources
[ad_1] NEW DELHI (Reuters) – India is likely to raise its rural welfare spending by 16 percent for the fiscal year beginning April, two government sources said, as Prime Minister Narendra Modi tries to woo
Unilever fourth-quarter sales miss expectations
[ad_1] Unilever headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw/Files LONDON (Reuters) – Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by flat volume growth in developed markets. In its first set
Factbox: Expectations for India's 2019-20 interim budget
[ad_1] ( Reuters) – India’s government will unveil its budget for the 2018/19 fiscal year on Friday, with investors expecting increased investment in areas such as agriculture, as Prime Minister Narendra Modi tries to woo
India’s unemployment rate hit 45-year high in 2017/18: report
[ad_1] FILE PHOTO: A daily wage worker waits for employment in front of closed shops at a market in the southern Indian city of Bengaluru, previously known as Bangalore, January 12, 2015. REUTERS/Abhishek N. Chinnappa
Oil prices rise as Saudi Arabia cuts supply to United States
[ad_1] FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018.REUTERS/Stringer SINGAPORE (Reuters) – Oil prices rose for a third day on Thursday, pushed
Trade frictions hit output at Japanese factories, raises growth risks
[ad_1] TOKYO (Reuters) – Factories in Japan took another hit in December with the second-straight month of shrinking output, underlining a warning by the central bank about growing risks to the economy from slowing global