Asia Top News and Analysis India

  • NEW DELHI, Aug 26- Major international seed companies in India formed an alliance on Friday, seeking the support of their peers after a flurry of regulatory steps in recent months by Prime Minister Narendra Modi's government. Reuters reported earlier this week that Monsanto had withdrawn an application to sell its next-generation genetically modified...

  • *Says will help India meet inflation objectives. MUMBAI/ NEW DELHI, Aug 26- India's central bank governor Raghuram Rajan welcomed on Friday the appointment of Urjit Patel as his successor, calling him a close ally and saying it would ensure continuity in meeting the country's inflation objectives. Patel, currently a deputy governor at the Reserve Bank of India,...

  • *Tata Motors CFO says monitoring, assessing UK, EU markets. MUMBAI/ NEW DELHI, Aug 26- Foreign exchange losses after Britain's decision to leave the European Union and higher expenses offset strong sales growth at India's Tata Motors, more than halving its net profit in the April-June quarter. Tata Motors' profit was hit by forex losses of 22.96 billion rupees...

  • MUMBAI, India _ Tata Motors Ltd. on Friday reported fiscal first-quarter net income of $333.8 million. Tata Motors shares have climbed 29 percent since the beginning of the year. Keywords: Tata Motors, Earnings Report.

  • *Case may dent India's manufacturing export ambitions. India's government, desperate to accelerate growth and create more jobs, has backed a "Make in India" manufacturing push. India already makes everything from car parts to t-shirts, but is trying to move up the chain to make higher-end products, like Apple's iPhone.

  • India Equities

    Manulife Asset Management's Rana Gupta says Indian state banks need to start focusing their efforts on developing digital and mobile banking.

  • Janet Yellen

    Janet Yellen's Jackson Hole speech won't provide the answers, says Marc Bushallow. Here's what will get the economy moving again.

  • NEW DELHI— India said Wednesday that the leak of documents from a leading French builder of Scorpene submarines designed for India's navy was investigated and did not pose any security compromise because sensitive information was blacked out. The Indian government said in a statement that France was asked to investigate the documents' leak to an Australian...

  • PARIS/FRANCE, Aug 25- France and India on Thursday played down the security risk posed by leaked data on French-designed submarines that a source told Reuters was probably stolen by a French former employee and that has raised concerns over a $38 billion contract with Australia. More than 22,000 pages of data about six submarines that France's DCNS is...

  • NEW DELHI, Aug 25- A government panel has cleared commercial use of what would be India's first genetically modified food crop, but politicians still have to give final approvals amid wide-spread public opposition. The news of the technical approval comes when U.S. seed maker Monsanto- which dominates the GM cotton market in India- faces heightened government...

  • NEW DELHI, Aug 25- A government panel has cleared commercial use of what would be India's first genetically modified food crop, but politicians still have to give final approvals amid wide-spread public opposition. News of the approval comes when U.S. seed maker Monsanto- which dominates the GM cotton market in India- faces heightened government regulation...

  • NEW DELHI, Aug 25- India said on Thursday that it sees no immediate security risk from the leak to an Australian newspaper of secret documents detailing the capability of a French-designed submarine being built for its navy. The first is expected to enter service by the end of the year as India seeks to rebuild its dwindling fleet and assert its hegemony over the...

  • NEW DELHI, Aug 25- A government panel has cleared commercial use of what would be India's first genetically modified food crop, but the political establishment will still have to give final approvals amid wide-spread public opposition to the technology. News of the approval comes at a time when U.S. seed maker Monsanto- which dominates the GM cotton market in...

  • *Welspun shares fall again, recover to trade flat by midday. CHICAGO/ NEW DELHI, Aug 25- U.S. retailer Bed Bath& Beyond said it ordered an external audit of textiles from Welspun India, putting more pressure on the embattled Indian bedding and towel maker that has seen nearly half its market value wiped out this week. At Thursday's low, Welspun had a market value of 53.55...

  • *Letter marks escalation in long-running feud with India. NEW DELHI, Aug 25- Monsanto Co has withdrawn an application seeking approval for its next generation of genetically modified cotton seeds in India, a major escalation in a long-running dispute between New Delhi and the world's biggest seed maker. A letter sent by Monsanto's local partner in India, the...

  • CHICAGO/ NEW DELHI, Aug 24- U.S. retailer Bed Bath& Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years. It also harms Indian Prime Minister Narendra Modi's efforts to spur global companies to increase...

  • CHICAGO/ NEW DELHI, Aug 24- U.S. retailer Bed Bath& Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years. This could compound the woes of Welspun, which supplies to several large U.S. retailers and has seen...

  • People visit on October 28, 2014 the DCNS stand at the Euronaval naval defense equipment fair in le Bourget, south of Paris.

    Detailed plans for submarines built for the Indian navy have been leaked, raising cyber-security concerns, the NYT reports.

  • *Letter marks escalation in long-running feud with India. NEW DELHI, Aug 24- Monsanto Co has withdrawn an application seeking approval for its next generation of genetically modified cotton seeds in India, a major escalation in a long-running dispute between New Delhi and the world's biggest seed maker. A letter sent by Monsanto's local partner in India, the...

  • *French firm in talks with Australia for $38 bln submarine deal. SYDNEY/ PARIS, Aug 24- French naval contractor DCNS said on Wednesday it may have been the victim of "economic warfare" after secrets about its Scorpene submarines being built in India were leaked. India opened an investigation after The Australian newspaper published documents relating to the...