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Asia Top News and Analysis India

  • MUMBAI, Feb 14- Sun Pharmaceutical Industries, India's largest drugmaker, reported its first fall in quarterly profits in a year on Tuesday, as pricing issues and supply constraints affected sales in the United States, its largest market. Sun's U.S. business faces increasing uncertainty as it struggles to fix quality control problems found by regulators at its...

  • *Q3 consolidated net profit 1.12 bln rupees vs f'cast 22.48 bln. MUMBAI, Feb 14- India's Tata Motors has reported a worse than expected 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its British luxury carmaker Jaguar Land Rover and losses in its domestic business. Consolidated net profit for the three months to Dec. 31 fell to...

  • The art of the trade deal

    Lanhee Chen, research fellow at the Hoover Institution, discusses the Trump administration's views on trade and which countries we should be watching.

  • NEW DELHI _ Azure Power Global Ltd. on Monday reported a loss of $7.9 million in its fiscal third quarter. Azure Power expects full-year revenue in the range of $64 million to $68 million. Azure Power shares have risen 5 percent since the beginning of the year.

  • *Q3 U.S. sales up 4 pct, India sales up 5 pct. MUMBAI, Feb 14- Sun Pharmaceutical Industries, India's largest drugmaker, reported its first fall in quarterly profits in a year on Tuesday, due to slower sales in the United States, its largest market. The firm's business in the United States has been pressured over the past year due to increasing competition and regulatory...

  • NEW DELHI, Feb 14- India's Supreme Court convicted a confidante of the late chief minister of Tamil Nadu on Tuesday in a corruption case that will put her behind bars and effectively end her bid to become chief minister of the southern state. Known as the " Detroit of Asia", Tamil Nadu is India's second-largest manufacturing state. It hosts auto makers including BMW,...

  • Bombardier takes part in India's infrastructure build

    Harsh Dhingra of Bombardier Transportation talks about the company's role in developing metro projects in India.

  • A resurgence in interest for nuclear energy and a sharp reduction in supply is putting a glow on the uranium market as prices surge.

  • MUMBAI, Feb 13- Management at Infosys Ltd attempted on Monday to allay concerns that the software services firm was facing a worsening dispute with its founders over how the company was being run, saying that the board was engaging with the founders, including N.R. Narayana Murthy. Addressing a news conference in Mumbai, the company's non-executive Chairman R....

  • President Donald Trump meets with Canadian Prime Minister Justin Trudeau at the White House on Feb. 13, 2017.

    Uncertainty over the Trump administration's immigration policy and travel ban has technology start-ups increasingly looking to Canada.

  • About 70 percent of the 85,000 H-1B visas granted in 2015 went to nationals from one country.

  • NEW DELHI, Feb 13- A strike led by drivers' unions in the Indian capital demanding better pay from Uber and Ola has paralysed the ride-hailing services that have grabbed business from traditional taxi and rickshaw operators with their cheaper fares. It was the first big confrontation between trade unions representing taxi drivers in the Delhi region of 25...

  • NEW DELHI, Feb 13- A strike led by drivers' unions in the Indian capital demanding better pay from Uber and Ola has paralyzed the ride-hailing services that have grabbed business from traditional taxi and rickshaw operators with their cheaper fares. It was the first big confrontation between trade unions representing taxi drivers in the Delhi region of 25...

  • CAIRO, Feb 13- Egypt's most famous export, the silky soft cotton prized by makers of luxury bedding and clothing, has become so scarce as production has fallen that most supplies sold under its brand name last year were fake. Last year, agricultural production of Egypt's high quality long-staple cotton hit a more than 100- year low. Production has slumped since...

  • It was the first big confrontation between the trade unions representing taxi drivers in the Delhi region of 25 million people and the two ride-hailing players, which have been ramping up services in India's $12 billion taxi market. They do not pay us on time and expect us to work like slaves, "said Jatindra Singh, a senior member of the New Delhi Taxi Union.

  • It was the first big confrontation between the trade unions representing taxi drivers in the Delhi region of 25 million people and the two ride-hailing players, which have been ramping up services in India's $12 billion taxi market. They do not pay us on time and expect us to work like slaves, "said Jatindra Singh, a senior member of the New Delhi Taxi Union.

  • NEW DELHI— French car manufacturer Peugeot has bought India's most iconic car brand from its maker Hindustan Motors in a deal that signifies the passing of an era in India's motoring history. Over the weekend, the C.K. Birla Group that owns Hindustan Motors said it had signed an agreement with Peugeot SA to sell the Ambassador for 800 million rupees.

  • NEW DELHI, Feb 8- A group backed by the Bill& Melinda Gates Foundation that works on India's immunisation programmes will now be partially funded by the health ministry, a government official said, a move in part prompted by fears foreign donors could influence policy making. The decision is seen as part of India's broader clampdown on non-governmental...

  • NEW DELHI, Feb 8- A group backed by the Bill& Melinda Gates Foundation that works on India's immunization programs will now be partially funded by the health ministry, a government official said, a move in part prompted by fears foreign donors could influence policy making. The decision is seen as part of India's broader clampdown on non-governmental...

  • HOUSTON/ CARACAS, Feb 9- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The delayed shipments to such crucial political allies and trading partners- which together have extended Venezuela at least $55...