India

EXCLUSIVE India starts selling oil from strategic reserves after policy shift

India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy…

4 years ago

Aramco in advanced talks on up to $25 bln Reliance deal – Bloomberg News

Saudi Aramco (2222.SE) is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's (RELI.NS) oil refining and chemicals business for…

4 years ago

Analysis: Debt in a warm climate: coronavirus and carbon set scene for default

Where COVID-19 has precipitated unprecedented debts, climate change could trigger defaults across a planet which a United Nations panel says…

4 years ago

EXCLUSIVE Great Wall Motor to shift some India investment to Brazil after approval delays -sources

Great Wall Motor (601633.SS) has decided to re-allocate to Brazil a portion of its $1-billion investment in India, as the Chinese automaker…

4 years ago

Reliance joins Bill Gates, others to invest $144 mln in U.S. energy storage co

Indian oil-to-telecoms conglomerate Reliance Industries Ltd (RELI.NS) said on Tuesday it would invest $144 million in U.S. energy storage company Ambri Inc,…

4 years ago

EXCLUSIVE India considers sharp import tax cuts on EVs after Tesla lobbying – sources

India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters,…

4 years ago

Special Report: How a little-known G7 task force unwittingly helps governments target critics

In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped…

4 years ago

India’s factory growth rebounded in July, hiring resumed after 15 months

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create…

4 years ago

Oreo maker sweetens sales outlook as emerging markets bounce back

Mondelez International Inc (MDLZ.O) raised its full-year organic revenue forecast on Tuesday, as more consumers snacked on the food giant's…

4 years ago

JLR parent sees demand recovering, warns of short term impact of chip shortage

India's Tata Motors Ltd (TAMO.NS) said on Monday it expects performance to improve from the second half of its current…

4 years ago