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Keywords: India
ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......
Hyundai Motor India reported better-than-expected quarterly performance, supported by strong demand for sport utility vehicles (SUVs) in both domestic and export markets, even as overall profits declined year-on-year. The Indian subsidiary of South Korea’s Hyundai Motor Company posted a consolidated......
Indian jewellery giant Titan Company Limited reported quarterly earnings below market expectations as rising operational costs and higher gold prices weighed on profitability despite continued consumer demand. The company, which owns well-known jewellery brands such as Tanishq and CaratLane, announced......
Asia faces a convergence of crises that forecasters warn could strain energy systems, devastate agriculture, and push millions toward food insecurity. A potential super El Niño is forming in the Pacific just as the region grapples with a severe energy shortage triggered by the near-total closure......
India is preparing to issue a new 10-year government bond that is expected to carry a coupon rate above 7%, according to market analysts. This would mark the first time in two years that such a level has been reached, reflecting growing pressure on borrowing costs. The government plans to raise around......
An anonymous review posted on Glassdoor by a developer at Rockstar Games' studio in Bengaluru, India, has reignited debate over crunch culture in the video game industry. The post, which appeared on May 3 and was attributed to a quality assurance analyst at Rockstar India, describes a sharp escalation......
Kotak Mahindra Bank reported stronger-than-expected quarterly earnings, supported by solid loan expansion and lower provisions for bad debts, highlighting continued momentum in India’s private banking sector. The Mumbai-based lender posted a 13% rise in standalone net profit for the quarter ending......
Air India’s search for a new chief executive officer is reportedly narrowing, with two main candidates emerging as frontrunners, according to sources familiar with the process. Vinod Kannan, an executive at Singapore Airlines, and Nipun Aggarwal, Air India’s current head of commercial operations,......
The government of India has appointed Rohit Jain as a deputy governor of the Reserve Bank of India, according to an official government notice. Jain’s appointment will take effect from May 3 for a term of three years. He currently serves as an executive director at the central bank, and his new......