Edition:
United States

Abhirup Roy

Analysis: Battle of the billionaires - Bezos, Ambani gun for India retail supremacy

Nov 27 2020

MUMBAI/NEW DELHI Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a battle for preeminence in India's booming, nearly trillion-dollar retail market.

India's NSE warned Future Retail of action over disclosures on Amazon dispute: emails

Nov 25 2020

NEW DELHI/MUMBAI India's National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures about efforts by Amazon.com to block a disputed asset sale, according to e-mails reviewed by Reuters.

India could get access to AstraZeneca vaccine by January, local manufacturer says

Nov 20 2020

MUMBAI The head of an Indian company contracted to make AstraZeneca Plc's COVID vaccine said it could deliver it to health care workers and elderly Indians by January as the country's caseload of infections crossed nine million on Friday.

SEBI demands $8.4 billion from Sahara in Supreme Court petition

Nov 19 2020

MUMBAI India's market regulator has filed a petition with the Supreme Court asking it to direct embattled Sahara conglomerate chief Subrata Roy and two of his companies to deposit 626 billion rupees ($8.4 billion) that it said was due to its investors.

NMC founder BR Shetty stopped from flying to UAE by Indian immigration - source

Nov 15 2020

MUMBAI NMC Health founder BR Shetty was prevented from departing to the United Arab Emirates (UAE) early on Saturday by immigration officials at India's Bengaluru airport, a source with direct knowledge of the matter said on Sunday.

SSAB eyes Tata Steel's Dutch assets as European consolidation picks up

Nov 13 2020

STOCKHOLM/AMSTERDAM/MUMBAI Swedish steelmaker SSAB is in talks with Tata Steel about potentially buying the Indian group's Dutch steel mill in IJmuiden and related assets, it said on Friday.

RPT-India's antitrust body orders investigation into Google payments app, in-app billing

Nov 09 2020

MUMBAI, Nov 9 India's antitrust body on Monday ordered an investigation into allegations that Alphabet Inc's Google was abusing its market position to promote its payments app as well as forcing app developers to use its in-app payment system.

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