Tag: india
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India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada’s Fairfax
The Indian government has been divesting its stake in several state-owned companies this year as it tries to keep its growth engine running amid deepening fiscal pressures.
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Meta- and Google-backed Jio Platforms to raise up to $3.2 billion in historic IPO in India
Jio’s share sale will be India’s largest ever in rupee terms, and second largest in dollar terms, trailing the Hyundai Motors IPO that raised $3.3 billion in 2024.
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Inside India newsletter: Billionaire Ambani’s mega-IPO faces a valuation reality check amid Musk spat
Jio Platforms, the company at the center of Musk’s remarks, is launching an IPO later this month.
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Nepal floods: Why Balendra Shah wants India and China to work together in the Himalayan region
Can Nepal bring the two regional giants together to confront a shared climate threat in the Himalayas?
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‘Livelihood is my right’: Delhi businesses count cost of protests, police restrictions
Traders in India’s capital told CNA that recent demonstrations and security curbs have hurt sales and footfall, raising questions over how to balance the right to protest with livelihoods.
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India urges Russia, Ukraine to protect Black Sea shipping amid attacks on merchant vessels
New Delhi wants Moscow and Kyiv to ensure safe commercial shipping in the Black Sea amid attacks that put Indian seafarers at risk.
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India news: ‘Cockroach’ leaders sent to judicial custody over protests
Three of India’s Cockroach movement leaders will spend five days in jail over charges of trespassing into what was until recently a designated protest site. In other news, Marco Rubio is set to visit India.
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Hyundai Motor India to invest $1.16 billion to expand capacity at Pune city plant
Oct 14 : Hyundai Motor India plans to invest 110 billion rupees ($1.16 billion) in its Pune city plant to scale up the facility’s annual production capacity by nearly 90 per cent by 2030, the automaker said on Wednesday. The move comes a day after parent Hyundai Motor Group said it would invest $15.5 billion
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Top Indian ‘cockroach’ leaders jailed 5 days over trespassing: Party
The leaders of India’s youth-led Cockroach Janta Party, Ashutosh Ranka and Saurav Das, were detained on Tuesday (Oct 13) for entering Jantar Mantar.
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South Korean carmaker Hyundai plans ‘strategic’ investment of $15.5 billion in India by 2032
Korean car company Hyundai says India is a strategic core market
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