Edition:
International

Aditya Kalra

India's Reliance in talks to raise $1.6 billion for media JV as Viacom seeks lower stake - sources

Jan 27 2022

NEW DELHI India's Reliance Industries is in talks with investors to raise up to $1.6 billion for its broadcasting business as its partner, ViacomCBS, looks to pare its interest in the joint venture, two sources told Reuters on Thursday.

India's BharatPe to overhaul governance after co-founder row -sources

Jan 27 2022

MUMBAI Indian IPO-hopeful BharatPe is aiming to quell investor disquiet over a public row involving personal investments by one of its co-founders with an independent audit to bolster internal governance rules, two sources with direct knowledge said.

India's Future launches court challenge to avoid insolvency - filing

Jan 25 2022

NEW DELHI (Reuters) -Indian retailer Future Group on Tuesday challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its dispute with partner Amazon.com Inc, according to a legal filing reviewed by Reuters.

Delivery race among Indian grocery startups brings road safety risks

Jan 24 2022

NEW DELHI (Reuters) -Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick commerce", but heating up concerns about road safety as bike riders scramble to meet tight deadlines.

FOCUS-Delivery race among Indian grocery startups brings road safety risks

Jan 23 2022

NEW DELHI, Jan 23 Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick commerce", but heating up concerns about road safety as bike riders scramble to meet tight deadlines.

India's Future mulls Supreme Court bid to avoid being named a defaulter - sources

Jan 20 2022

NEW DELHI India's Future Group plans to challenge its own lenders in the Supreme Court to avoid being named a defaulter for missing payments, citing its ongoing dispute with partner Amazon.com Inc, three sources told Reuters on Thursday.

India, Tesla in 'weird stalemate' on tax cut demands with no investment pledge-sources

Jan 20 2022

NEW DELHI Talks between India and Tesla Inc over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions told Reuters.

Reliance joins calls for India to tighten marketplace rules -sources

Jan 18 2022

NEW DELHI (Reuters) -Indian retailer Reliance has called for tighter regulation of marketplace e-commerce platforms to ensure such websites treat all sellers equally, four sources told Reuters.

Reliance joins calls for India to tighten marketplace rules -sources

Jan 18 2022

NEW DELHI, Jan 18 Indian retailer Reliance has called for tighter regulation of marketplace e-commerce platforms to ensure such websites treat all sellers equally, four sources told Reuters.

Explainer-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

Jan 11 2022

NEW DELHI For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to the U.S. firm's rival Reliance Industries - with no end in sight.

World News

Russian buildup at Ukraine border includes blood for wounded, U.S. officials say

A Russian troop buildup along its border with Ukraine includes supplies of blood https://www.reuters.com/world/europe/exclusive-russia-moves-blood-supplies-near-ukraine-adding-us-concern-officials-2022-01-28 for the wounded, three U.S. officials told Reuters, a detail reinforcing U.S. comments that Russia "clearly" now has the capability to move on its neighbour.