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Aditi Shah

India air safety watchdog to check airports hit by heavy rain after crash

2:42am EDT

NEW DELHI India's air safety regulator plans to conduct special audits of airports across the country affected by heavy rain, the watchdog's chief told Reuters, days after an air crash killed 18 people and raised questions about safety.

India begins examination of plane's black box after deadly crash

Aug 09 2020

NEW DELHI Indian investigators on Sunday began examining the black box of a Boeing-737 that overshot a runway on its second attempt, killing 18 people in the country's worst aviation accident in a decade.

Mahindra seeks investors for electric vehicle business

Aug 07 2020

NEW DELHI Indian automaker Mahindra & Mahindra is looking for investment partners for its domestic electric vehicles business and is finalising investment plans for its Automobili Pininfarina unit, the group's managing director said on Friday.

India app ShareChat in talks with Sequoia, others to raise up to $200 million: sources

Aug 04 2020

NEW DELHI Indian content-sharing platform ShareChat is in early-stage talks with U.S.-based Sequoia Capital and some other investors to raise up to $200 million, which could value the company at over $1 billion, three sources aware of the matter told Reuters.

Tata warns of another loss at JLR as demand slow to pick up

Jul 31 2020

NEW DELHI/BENGALURU India's Tata Motors Ltd warned on Friday that its luxury car unit, Jaguar Land Rover (JLR), may post another quarterly loss as the coronavirus crisis saps demand and cripples its supply chain.

In India, a diminished Nissan bets big on a small SUV

Jul 30 2020

NEW DELHI By any measure, Nissan Motor Co Ltd has had a dreadful run in India. A push to revive its lower-end Datsun brand flopped, sales have slumped 60% over the past five years and its sole plant in the country is operating way below capacity.

India's top airline IndiGo to raise at least $268 million via leaseback

Jul 29 2020

BENGALURU/NEW DELHI IndiGo, India's largest airline, said on Wednesday it planned to raise at least 20 billion rupees ($268 million) through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least five years.

Bajaj Auto focuses on exports as India battles pandemic

Jul 23 2020

NEW DELHI Bajaj Auto is betting that an early recovery from the ravages of COVID-19 in motorcycle sales in its export markets will help it offset pandemic-related disruption at home, its chief financial officer said.

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