United States

Chandini Monnappa

UPDATE 2-U.S. FDA says Indian drugmaker was shredding, dumping key documents

Jul 17 2019

BENGALURU, July 17 A U.S. Food and Drug Administration (FDA) investigator discovered that India's Strides Pharma Science Ltd, which exports to the U.S. market, was shredding drug production, quality and laboratory documents and dumping others in a scrap yard.

Infosys raises revenue forecast on upbeat demand for digital services

Jul 12 2019

BENGALURU/MUMBAI India's second-biggest software services firm, Infosys Ltd, raised its revenue forecast for the year on Friday, betting on upbeat client demand for its new-age digital services such as cloud, data and analytics.

UPDATE 2-India's Infosys raises revenue forecast on upbeat demand for digital services

Jul 12 2019

* Infosys sees FY20 constant currency revenue between 8.5% and 10%

Indian shares subdued as trade tensions resurface, Infosys up ahead of results

Jul 12 2019

July 12 Indian shares were trading flat on Friday, tracking subdued Asian peers, as investors stayed on the sidelines after concerns over U.S.-China trade tensions resurfaced.

Indian shares recover some lost ground, metals lead gains

Jul 11 2019

BENGALURU, July 11 Indian shares rose on Thursday, driven by gains in metals and financials, and tracking strength in broader Asia as dovish comments by U.S. Federal Reserve Chairman Jerome Powell rekindled rate-cut hopes.

Indian shares edge lower amid U.S. trade tension

Jul 10 2019

BENGALURU, July 10 Indian shares edged lower on Wednesday amid renewed concerns over trade tension between the United States and India, with Tata Motors and Tata Consultancy Services dragging the index lower.

Indian shares falter for third straight day; TCS down ahead of results

Jul 09 2019

BENGALURU, July 9 Indian shares fell for a third straight session on Tuesday as a proposed tax on the super-rich continued to rattle the markets, while investors awaited fresh cues from corporate results that kick-off later in the day.

Sensex, Nifty dive 2% as budget gets thumbs down from investors

Jul 08 2019

Indian shares slumped 2% on Monday, their biggest fall so far this year, as investors were disappointed after the federal budget raised import tariffs on many items, hiked taxes on the rich and proposed changes in shareholding norms.

UPDATE 1-Indian shares dive 2% as federal budget gets thumbs down from investors

Jul 08 2019

* PNB tumbles after flagging borrowing fraud (Updates to close)

Indian shares battered by budget outcome, global rout

Jul 08 2019

July 8 Indian stock markets fell on Monday, in line with broader Asia on strong U.S. jobs data, while the government's move to tax share buybacks and increase minimum public shareholding in listed companies disappointed domestic investors.

World News

Britain's new leader Johnson vows to get Brexit done

Boris Johnson, the ebullient Brexiteer who has promised to lead Britain out of the European Union with or without a deal by Halloween, will replace Theresa May as prime minister after winning the leadership of the Conservative Party on Tuesday.