Analysis & Comment

India's Zostel asks regulator to reject SoftBank-backed Oyo's IPO filing

MUMBAI (Reuters) – Indian hospitality startup Zostel has asked the market regulator to reject an application from SoftBank Group-backed rival Oyo Hotels and Rooms to go public due to a legal tussle between the firms over a deal that fell apart six years ago.FILE PHOTO: The logo of OYO, India’s largest and fastest-growing hotel chain, […]

Business

Indian bankers in talks as court rulings threaten over $6 billion in loans

MUMBAI (Reuters) – Informal talks are taking place to deal with the fall-out from two rulings by India’s Supreme Court that threaten the repayment of loans totalling nearly 500 billion rupees ($6.73 billion) to some of India’s largest banks, bankers close to the matter say.FILE PHOTO: A television journalist sets his camera inside the premises […]

World News

Horror landslide crushes bridge and leaves nine tourists dead

India: Batseri Bridge destroyed by horrific landslide We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Nine people are known to have died during […]

World News

Chandro Tomar, Who Shot Her Way Through a Glass Ceiling, Dies

Born in 1931, she found her calling late in life but inspired thousands of people, especially women and girls, through her passion for the sport of shooting. By Shalini Venugopal Bhagat NEW DELHI — Chandro Tomar first picked up a gun when she was around 68. Until then, she had led a quiet life in […]

Politics

Britain and India sign £1bn pre-trade deal and tackle climate change and health crises

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Anglo-Indian ties will also be strengthened in science […]

Business

Amazon Wins Court Round in Battle Over Future Group Acquisition

NEW DELHI, India — As 2020 winds to a close, India’s biggest retail deal of the year hangs in the balance following a Delhi High Court decision that did not — as was widely expected — close out the options for Amazon to continue to fight the acquisition of Future Retail Ltd. by Reliance Retail […]

Analysis & Comment

India's Zomato raises $195 million from six investors at $3.6 billion valuation

FILE PHOTO: A delivery worker of Zomato, an Indian food-delivery startup, waits to collect an order from a restaurant, during an extended nationwide lockdown to slow the spread of the coronavirus disease (COVID-19), in New Delhi, India, May 21, 2020. REUTERS/Anushree FadnavisMUMBAI (Reuters) – Indian food delivery startup Zomato raised $195 million from six investors, […]

World News

South China Sea: US and India join forces against Beijing in high-level talks breakthrough

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Ministers from both countries met in India’s capital New Delhi this week in a ‘two plus two’ meeting. It is only the third time the US and India have held meetings at […]

World News

Police impose emergency law in Indian village as gang-rape victim's cremation sparks clashes

LUCKNOW, India (Reuters) – Indian police imposed emergency laws on Thursday in a village where a woman from the lowest rung of the country’s caste system was allegedly raped and killed, barring gatherings of more than five people after clashes erupted following her cremation.A man holds a placard during a protest after the death of […]

World News

Amnesty International halts work in India, says government is ‘freezing dissent’

Human rights group Amnesty International stopped its work in India on Tuesday saying the government had frozen its bank accounts in the latest action against it for speaking out about rights violations. The group said it had laid off staff after facing a crackdown over the past two years over allegations of financial wrongdoing that […]