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India’s BPCL says no payments pending for Russian oil imports

NEW DELHI (Reuters) - India's Bharat Petroleum Corp (BPCL) has cleared all payments for Russian oil purchases, its head of finance Vetsa Ramakrishna Gupta told an analysts' conference after the

Disney nears $10 billion deal to sell India operations to rival Reliance, reports Bloomberg News

Reliance values Disney's India assets, which comprises the Disney+ Hotstar streaming service and Star India, at between $7 billion and $8 billion, the report said.

Banks among top performing shares in India as HDFC releases first results after merger

The private lender, which has the highest weightage in Nifty 50, was among the top gainers in the session, rising as much as 1.71%.

Passenger vehicle sales zoom past 20L-mark in 1st half of FY24, but two-wheeler sales sluggish

Highest ever PV sales – both for first half of the year as well as second quarter – was driven by demand for SUVs, says Society of Indian Automobile Manufacturers.

Adani Group overpaid for coal imports, then charged Indians extra for power, claims FT report

Financial Times report says Adani Group paid extra for coal imports to benefit companies linked to its owners. Adani Group preemptively denied all allegations days before report was made public.

Telcos urge TRAI to ignore start-ups’ objections as tussle over network usage fee for OTTs continues

OTT apps allegedly misled startups into signing joint letter in which they asked it not to side with the telcos, Cellular Operators Association of India alleges.

Bank of Baroda shares fall by 4% as RBI suspends onboarding of new app customers

Bob World app has 8.1 million daily transactions, while 43% of time deposits are obtained through the app, the bank had said in its quarterly presentation in August.

Adani Ports shares fall by 3.6 per cent on Haifa port amid Israel conflict

Adani operates the Haifa Port in northern Israel along with a local company after it completed its purchase for 4 billion shekels ($1.03 billion) in January.

India’s Tata Group in talks with Temasek to buy back a stake in Tata Play, reports Bloomberg News

BENGALURU (Reuters) - India's Tata Group is in advanced talks with Temasek Holdings to buy back a stake in its entertainment content distribution platform at a valuation of more than $1 billion,

UK’s Superdry sells S. Asia licenses to India’s Reliance Retail for $48 million

BENGALURU (Reuters) -Reliance Retail, India's largest retailer, will buy UK-based Superdry's licenses and brand assets in three Asian countries for 40 million pounds ($48 million), expanding its

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.