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  • *Suzuki to launch 15 of 20 global models in India by 2020. *Maruti Suzuki to reduce number of platforms in India by 2020. NEW DELHI, Feb 2- Suzuki Motor Corp's position in India and other markets is under serious threat from Toyota's buyout of rival Daihatsu, Suzuki's president said on Tuesday.

  • NEW DELHI— The Zika virus has hit India's Tata Motors, which has decided to rebrand a soon-to-be launched hatchback vehicle which was to have been called Zica, an abbreviation of "Zippy Car." Tata Motors said in a statement Tuesday that the car would carry the Zica nameplate during the exhibition, but a new name will be announced in a few weeks. Its more than 100...

  • If the rule does fail, gold inflows will continue unabated in India, flying in the face of Prime Minister Narendra Modi's efforts to curb costly imports and stop the metal from being used to hide billions of dollars of undeclared "black money". India made it mandatory for customers to disclose their tax code, or Permanent Account Number, for purchases above 200,000...

  • RBI might cut rates after Feb budget: Pro Tuesday, 2 Feb 2016 | 1:02 AM ET
    RBI Rate

    The RBI's statement suggests the cental bank is more concerned about inflation than market expectations says Radhika Rao, an economist at DBS.

  • RBI keeps policy rate unchanged at 6.75 percent Tuesday, 2 Feb 2016 | 12:46 AM ET
    RBI governor, Raghuram Rajan

    India's central bank held rates as expected, opting to wait for the government's budget before deciding on whether to cut interest rates further.

  • RBI has room for further easing: Pro Tuesday, 2 Feb 2016 | 12:21 AM ET
    RBI has room for further easing: Pro

    Rana Gupta, managing director for Indian equities at Manulife Asset Management says prudent policies have led to macro stability in India.

  • Manulife AM: How to play India's consumers Monday, 1 Feb 2016 | 11:10 PM ET
    A saleswoman shows gold jewelry in Mumbai, India, in July.

    Picking the right plays on India's massive emerging consumer class are key to returns, said Rana Gupta, managing director at Manulife Asset Management.

  • Will the Reserve Bank of India move rates? Monday, 1 Feb 2016 | 5:47 PM ET
    RBI Rate decision

    India's central bank has bought itself time to wait and assess the economy before moving says Vishnu Varathan, senior economist at Mizuho Bank.

  • FACTBOX-India switching to large-scale food imports Monday, 1 Feb 2016 | 5:00 PM ET

    As a result, India has resumed importing corn after a gap of 16 years. India exported 2.8 million tonnes in the fiscal year to March 2015 and now New Delhi is likely to import 2 million tonnes of corn in 2015/ 16 and again in 2016/ 17.. After exporting 4.5 million tonnes of oilmeals to countries such as Iran, Japan, Korea and Taiwan in 2014/ 15, traders have clinched deals...

  • ZURICH, Feb 1- India's Sun Pharma launched a generic version of Novartis's leukaemia drug Gleevec on Monday in the United States and hopes to poach a third of sales in six months by pricing the copycat some 30 percent cheaper, its Sun's North American chief executive said. Gleevec, or imatinib mesylate, costs up to about $90,000 annually in the United States,...

  • *Squeezing business could undermine "Make in India" push. NEW DELHI, Feb 1- India's finance minister wants to present a credible budget this month with realistic targets for tax revenues and asset sales, people involved in the process say, but businesses may end up picking up much of the tab. Arun Jaitley is staring at a big revenue shortfall as India again misses an...

  • MUMBAI, Jan 31- India's embattled Sahara conglomerate has been funnelling cash from small savers to fund one of its biggest projects, a luxury resort south of Mumbai, according to documents Reuters reviewed. Sahara has ploughed at least 15 billion Indian rupees from two of its credit cooperatives into the Aamby Valley resort project through investments in...

  • Business events scheduled for the coming month Friday, 29 Jan 2016 | 2:03 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. BERLIN— Germany's Federal Labor Agency releases January unemployment figures for Europe's biggest...

  • Business events scheduled for the coming week Friday, 29 Jan 2016 | 1:22 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. BERLIN— Germany's Federal Labor Agency releases January unemployment figures for Europe's biggest...

  • *Iran loadings at 1.44 mln bpd in Feb, 1.5 mln bpd in Jan. TOKYO, Jan 29- Iran's oil exports are on set to rise more than a fifth in January and February from last year's daily average, data from a source with knowledge of its loading schedules shows, revealing how Tehran is ramping up sales after the lifting of sanctions. The market is closely watching the pace of Iran's...

  • The Google-backed start-up aiming to fix traffic Thursday, 28 Jan 2016 | 1:00 PM ET
    Urban Engines screen

    Urban Engines is out to fix traffic congestion by giving cities and companies a map of everything happening on the roads and beyond.

  • MUMBAI, Jan 28- Indian resources group Vedanta Ltd posted a 99 percent plunge in third-quarter profit on Thursday due to lower global commodity prices, although it beat analysts' forecasts for a net loss. Our cost structure will be better in Q4 than in Q3, "said Vedanta CEO Tom Albanese. The company, a unit of metals tycoon Anil Agarwal's Vedanta Resources, reported a...

  • Jan 27- French luxury goods maker Chanel said on Wednesday that Chief Executive Maureen Chiquet will leave the company by the end of January, the New York Times reported. Chairman Alain Wertheimer will take over operational responsibilities as the company seeks a new leader, the Times reported. The news of Chiquet's departure came just a day after Chanel...

  • NEW YORK, Jan 27- Companies that supply drilling rigs, fracking sand and other necessary tools to the U.S. oil industry are finding themselves stuck with a choice between losing customers or making further price cuts that could wipe out their profits altogether. "It goes back to the ultimate issue of which cost deflation has been structural and which has been...

  • Jan 26- Airlines, hotels and cruise operators serving Latin America and the Caribbean are facing growing concern among travelers who had planned to visit countries potentially affected by Zika after the World Health Organization warned the virus is likely to spread to most of the Americas. Canada and Chile are the only countries in the Americas the virus is...