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  • India shares fall amid global uncertainty; HDFC Bank gains on earnings

    MUMBAI (NewsRise) -- Indian shares fell after a volatile trading session on Friday as uncertainty ahead of French election and slowing foreign participation prompted investors to book profits in some index heavyweights.The benchmark BSE Sensex index

    April 21, 2017 09:25 pm JST
  • L&T venture to build howitzers as Modi pushes for India manufacturing

    MUMBAI (NewsRise) -- Larsen & Toubro, India's largest engineering and construction company, and South Korea's Hanwha Techwin will jointly manufacture the latest version of self-propelled howitzers for the Indian Army as the South Asian nation steps

    April 21, 2017 08:30 pm JST
  • French election jitters drag Nikkei Asia300 Index lower this week

    SINGAPORE (Nikkei Markets) -- Asian stocks outside of Japan ended the week lower, as caution ahead of French presidential elections and worries about North Korea's nuclear ambitions damped risk appetite.The Nikkei Asia300 Index rose 0.3% to 1,162.86

    April 21, 2017 08:09 pm JST
  • India's IT companies face heaviest blow from US visa overhaul

    PALO ALTO, U.S. -- Changing a popular American visa program to favor the most skilled or highest-paid applicants could cut off a key source of cheaper labor for Indian technology services providers in the U.S. and the businesses that rely on them.Pr

    April 21, 2017 02:00 pm JST
  • Honda looks to lift 2-wheeler sales 20% in India

    MUMBAI -- Honda Motor said Thursday that it aims to boost its two-wheeler sales in India by 20% to 6 million units, including exports, in the current fiscal year ending March 2018.The Japanese automaker will launch two scooter models and two motorcy

    April 21, 2017 04:30 am JST
  • India shares advance in line with regional markets; software stocks rebound

    MUMBAI (NewsRise) -- Indian shares rose Thursday, aided by gains in regional markets and a recovery in index heavyweights including software exporters' stocks.The benchmark BSE Sensex gained 0.3%, or 85.82 points, to 29,422.39, while the broader NSE

    April 20, 2017 09:29 pm JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA -- Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus

    April 20, 2017 12:00 pm JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus. T

    April 20, 2017 10:00 am JST
  • India's Flipkart karts in $1.4bn from Tencent, eBay and Microsoft

    NEW DELHI India's e-commerce boom has triggered an intense battle for supremacy, with the top two players pulling no punches and deep-pocketed global investors swooping in.The homegrown Flipkart, India's largest e-tailer, on April 10 announced it ha

    April 20, 2017 10:00 am JST
  • India sounds off about Beijing's economic policies

    HONG KONG The Indian government's chief economic adviser had some choice words for China recently, labeling the country a "big source of systemic risk" to the global economy.In an interview with the Nikkei Asian Review and other members of the media

    April 20, 2017 10:00 am JST
  • India nabs fugitive 'Beer King' in UK over unpaid loans

    NEW DELHI -- The Indian government finally caught up to a well-known business figure who had fled the country and left behind a mountain of debt from a failed foray into the airline business.Vijay Mallya, chairman of United Breweries, was arrested i

    April 20, 2017 02:39 am JST
  • Indian shares little changed as bets on earnings offset selloff in bank stocks

    MUMBAI (NewsRise) -- Indian shares ended little changed after a choppy trading session on Wednesday, as expectations of stronger quarterly earnings helped offset a sell-off in some banking stocks.The benchmark BSE Sensex index gained 0.06%, or 17.47

    April 19, 2017 09:52 pm JST
  • Coal India faces price fall as fuel samples downgraded by quality watchdog

    MUMBAI (NewsRise) -- State-run Coal India said the nation's coal quality watchdog has downgraded more than a third of the samples from its mines, dealing a setback to the world's largest coal miner that is already grappling with slowing demand.Coal

    April 19, 2017 08:02 pm JST
  • Apple's India tax break request declined, for now

    NEW DELHI -- Apple's demand for tax concessions for local iPhone production has "not been accepted" by India's Finance Ministry and the matter may now be decided by a council responsible for the implementation of the country's new indirect taxation

    April 19, 2017 02:00 pm JST
  • Tata Consultancy's Q4 profit slides on weak revenue, volatile rupee

    MUMBAI -- Tata Consultancy Services, India's largest software services exporter, reported a net profit of 66.08 billion rupees ($1.02 billion) for the three months through March, down 2.5% from the prior quarter, as revenue was impacted by weakness

    April 19, 2017 03:30 am JST
  • India stocks fall to lowest in three weeks on valuation concerns

    MUMBAI (NewsRise) -- Indian shares fell to the lowest in more than three weeks as concerns over stock valuations and intensifying geopolitical tensions prompted investors to book profits in select index heavyweights.The benchmark BSE Sensex index de

    April 19, 2017 12:28 am JST
  • Venture capital investment keeps dwindling in India

    NEW DELHI -- Venture capital investment is still shrinking in India despite Prime Minister Narendra Modi's "Startup India" initiative to nurture new businesses.While venture businesses for Internet services continue to draw attention, venture capita

    April 18, 2017 07:00 am JST
  • How long can Indian shares stay decoupled from global troubles?

    SINGAPORE -- The Indian ruling party's decisive win in recent local elections has heightened hopes for structural reforms touted by Prime Minister Narendra Modi while the economy keeps ticking along, once again drawing investors' eyes to the nation'

    April 18, 2017 06:30 am JST
  • India shares fall for 3rd day as investors await company earnings

    MUMBAI (NewsRise) -- Indian shares ended marginally lower on Monday, recording their third straight day of losses, as investors were reluctant to make fresh bets ahead of key company earnings.The benchmark BSE Sensex index declined 0.2%, or 47.79 po

    April 17, 2017 08:50 pm JST
  • E-wallet license in India strengthens Amazon's hand against Flipkart, Alibaba

    MUMBAI (Nikkei Markets) -- Amazon's license to launch a digital wallet in India levels its playing field with domestic rival Flipkart and with Paytm, backed by Alibaba Group Holding, as the three scramble to expand their influence by offering more s

    April 17, 2017 06:53 pm JST