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United States

Chris Thomas

India set to launch second lunar mission; land rover on the moon

Jun 12 2019

BENGALURU India said on Wednesday it will launch its second lunar mission in mid-July, as it moves to consolidate its status as a leader in space technology by achieving a controlled landing on the moon.

UPDATE 3-Tata Motors shares hit by Jaguar Land Rover woes, weak home market

May 21 2019

* Tata Motors shares fall 6%, underperform market (Recasts, adds analyst comments, shares movement)

Adani stocks cheer incumbency wave in India, Australia

May 20 2019

NEW DELHI/BENGALURU Shares in various Adani Group companies, including those of flagship Adani Enterprises Ltd, surged on Monday after exit polls predicted Indian Prime Minister Narendra Modi would return to power, even as Australian poll results also spelled good news for the Indian conglomerate.

McDonald's settles with former India partner, to reopen restaurants in 2 weeks

May 09 2019

BENGALURU McDonald's Corp's Indian arm has reached a settlement with former partner Vikram Bakshi, acquiring full ownership in their joint venture Connaught Plaza Restaurants Ltd, the company said in a statement.

ICICI Bank misses forecasts with quarterly profit fall

May 06 2019

BENGALURU ICICI Bank reported a 5 percent drop in fourth-quarter profit on Monday, missing estimates after being hit by a rise in expenses and a higher accumulation of bad loans.

UPDATE 2-India's ICICI Bank misses forecasts with quarterly profit fall

May 06 2019

BENGALURU, May 6 ICICI Bank reported a 5 percent drop in fourth-quarter profit on Monday, missing estimates after being hit by a rise in expenses and a higher accumulation of bad loans.

Indian shares rise as oil prices slip; financials lead

May 03 2019

May 3 Indian shares rose the most in a week on Friday as oil prices slipped, with gains led by financial stocks, while IT companies retreated in the face of a stronger rupee.

Yes Bank shares sink after shock quarterly loss, rising bad loans

Apr 30 2019

BENGALURU Investors sold out of Indian lender Yes Bank Ltd on Tuesday after rising bad loans triggered its first quarterly loss and brokerage Macquarie Research set a rare double-downgrade on the company's stock.

UPDATE 2-India's Yes Bank shares sink after shock quarterly loss, rising bad loans

Apr 30 2019

* Macquarie Research double-downgrades stock to 'underperform'

Indian shares edge higher; Tata Steel leads gains after strong results

Apr 26 2019

April 26 Indian shares ticked higher on Friday as a volatile week draws to a close, with Tata Steel Ltd climbing the most in 14 months after the steelmaker beat expectations for quarterly profit.

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