Edition:
United States

Aditya Kalra

Exclusive: Carlsberg, United Breweries plead leniency in India beer cartel probe - sources

Dec 13 2018

NEW DELHI Denmark's Carlsberg and India's United Breweries have filed pleas with Indian authorities, seeking leniency in a probe into alleged collusion to fix beer prices, five sources familiar with the matter told Reuters.

Exclusive: Delhi government bars Bloomberg-funded charity from tobacco control work

Dec 04 2018

NEW DELHI A small Indian non-profit funded by Bloomberg Philanthropies will not be allowed to carry out tobacco-control work in New Delhi after it failed to disclose its funding, according to a city government official and a memo seen by Reuters.

Exclusive: Delhi city government bars Bloomberg-funded charity from tobacco control work

Dec 03 2018

NEW DELHI A small Indian non-profit funded by Bloomberg Philanthropies will not be allowed to carry out tobacco-control work in New Delhi after it failed to disclose its funding, according to a city government official and a memo seen by Reuters.

Employees of Indian firm held by Ethiopian staff say fears for safety

Dec 01 2018

NEW DELHI Employees of Indian company Infrastructure Leasing & Financial Services (IL&FS) taken hostage by local staff in Ethiopia say they fear for their safety, with some confined to a company campus north of the capital Addis Ababa.

Exclusive: India to probe alleged antitrust behavior by Maersk, DP World at Mumbai port - sources

Nov 21 2018

NEW DELHI India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters.

RPT-EXCLUSIVE-India to probe alleged antitrust behaviour by Maersk, DP World at Mumbai port-sources

Nov 20 2018

* Probe to assess antitrust violations at Mumbai port-sources

Exit of Flipkart CEO adds to fears in Corporate India about sexual misconduct

Nov 15 2018

NEW DELHI/BENGALURU In 2015, when Antony Alex pitched his training products for tackling sexual harassment in the workplace, large and small businesses in India mostly turned him away saying it was not worth the investment.

India's finance minister says Mastercard, Visa losing out to local players

Nov 08 2018

NEW DELHI India's finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Indian Prime Minister Narendra Modi was using nationalism to promote a local rival.

Exclusive: Mastercard lodged U.S. protest over Modi's promotion of Indian card network

Nov 01 2018

NEW DELHI Mastercard told the United States government in June that Indian Prime Minister Narendra Modi was using nationalism to promote the use of a domestic payments network, and New Delhi's protectionist policies were hurting foreign payment companies, a document seen by Reuters showed.

Mastercard says storing India payments data locally in face of new rules

Oct 30 2018

NEW DELHI Global card payments giant Mastercard is storing its new Indian transaction data locally, the company said on Tuesday, as it starts to comply with a regulatory directive which U.S. companies unsuccessfully lobbied hard to dilute.

World News

U.S. Senate hands Trump historic rebuke on Saudi Arabia

The U.S. Senate delivered a rare double rebuke to President Donald Trump on Saudi Arabia on Thursday, voting to end U.S. military support for the war in Yemen and blame the Saudi crown prince for the murder of journalist Jamal Khashoggi.