Asia Top News and Analysis India

More

  • July 28- India's Tata Sons Ltd said it expected to deposit $1.2 billion with the Delhi High Court on Friday, the money it was ordered to pay Japan's NTT DoCoMo Inc by an international arbitration court last month. India's central bank, however, rejected Tata's offer, saying a rule change in the previous year prevented foreign investors from selling stakes in...

  • SINGAPORE, July 28- India's initial plan to build-up its strategic petroleum reserves is not shaping out to be the dramatic event that some in the market had hoped could help reignite global oil demand. Indeed, India's initial SPR plan pales in comparison to a program that is ten-fold bigger in China and is a further sign that Asia's demand outlook may not be as...

  • *Adani Group building India's first transshipment port. *India expects to save millions of dollars in detour costs. New Delhi will grant billionaire Gautam Adani 16 billion rupees so-called "viability gap" funding to help the new port at Vizhinjam, on India's southern tip, win business from established hubs elsewhere in Asia.

  • NEW DELHI— "Pokemon Go" has yet to officially arrive in India, but that's not stopping people there from playing the highly addictive online game. Many fans of the augmented-reality-based game have managed to download the app even though it has not been launched in India yet. Organized "pokewalks" are becoming common in cities such as Mumbai and New Delhi, where...

  • HYDERABAD, India _ Dr. Reddy's Laboratories Ltd. on Tuesday reported fiscal first-quarter profit of $18.9 million. The Hyderabad, India- based company said it had net income of 11 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Facing headwinds in India, Middle East businesses- CEO. BENGALURU, July 19- India's third-largest software services exporter Wipro forecast muted revenue growth in the current quarter and warned Britain's decision to leave the European Union could lead some customers to defer business over the medium term. Wipro is also "fundamentally changing" its business...

  • Asian Markets

    Asian equity valuations are still low and there are small upgrades on the earnings front, UBS Wealth Management's Hartmut Issel says

  • July 18- U.S. regulators are investigating whether Fiat Chrysler Automobiles NV had inflated vehicle sales figures, the company said Monday, following a lawsuit by Illinois dealers in January. The U.S. Securities and Exchange Commission and the Department of Justice are probing the way the Italian-American automaker reports vehicle sales to individuals,...

  • The Securities and Exchange Commission as well as the U.S. Department of Justice are conducting the investigation and the Italian-American automaker based in London is cooperating, according to a company statement.

  • A pair of Sennheiser Momentum 2 headphones, taken on April 17, 2015.

    Andreas Sennheiser's passion for music drives his commitment to a 71-year-old legacy, while pursuing audio innovation.

  • NEW DELHI, July 15- Indian IT services giant Infosys Ltd warned it won't make its previous revenue target for this fiscal year, cutting its outlook after first-quarter earnings came in below estimates and Britain's vote to exit the European Union left the company with little visibility on future business prospects. Shares in Infosys, India's second-largest...

  • India RBI Governor

    The best candidate for policy continuity would be someone from within the Reserve Bank of India, reckons DBS Economist Radhika Rao.

  • It's not just Brexit. Wild swings in financial markets due to stimulus measures are spurring Japanese consumers to snap up gold.

  • JPMorgan, the largest U.S. bank by assets, beat subdued expectations, reporting a 1 percent slide in second-quarter earnings on Thursday, in the face of historically low rates, volatile markets and questions about its future in one of Europe's biggest economies. Chief Financial Officer Marianne Lake struck a resilient tone when discussing results, saying...

  • July 14- JPMorgan Chase& Co is lending more and keeping a lid on expenses to combat the scourge of low interest rates, allowing management to stick to financial goals for the year. JPMorgan, the largest U.S. bank by assets, beat subdued expectations in reporting a 1 percent slide in second-quarter earnings on Thursday, in the face of historically low rates, volatile...

  • July 14- JPMorgan Chase& Co is lending more and keeping a lid on expenses to combat the scourge of low interest rates, allowing management to stick to financial goals for the year. JPMorgan, the largest U.S. bank by assets, beat subdued expectations in reporting a 1 percent slide in second-quarter earnings on Thursday, in the face of historically low rates, volatile...

  • *India's Jan-June gold imports halve from a year ago- GFMS. MUMBAI, July 14- While high-end jewelry shops in Mumbai's Zaveri bazaar are scratching for customers after a jump in local gold prices, Jitendra Jain, a scrap gold buyer in India's biggest bullion market, is doing brisk business. Demand for new gold has been so weak in the past few months that India's imports...

  • *India's Jan-June gold imports halve from a year ago- GFMS. MUMBAI, July 14- While high-end jewellery shops in Mumbai's Zaveri bazaar are scratching for customers after a jump in local gold prices, Jitendra Jain, a scrap gold buyer in India's biggest bullion market, is doing brisk business. Demand for new gold has been so weak in the past few months that India's...

  • The Sacred Monkey Forest Sanctuary in Bali, Indonesia

    With global fixed income yields low, Asia and emerging market bonds and credit offer attractive returns, a portfolio manager at Fidelity told CNBC.

  • *Blackstone, Xander seek investments in shopping malls in India. *Consumer spending in India set to top $3.6 trillion by 2020. NEW DELHI, July 13- E-commerce in India has been booming and online giants like Amazon are spending big bucks on the world's fastest growing major economy.