Keywords: India


Sapphire Foods returns to profit as KFC and Pizza Hut discounts drive customer demand in India

Sapphire Foods India, one of the country's largest franchise operators for KFC and Pizza Hut, returned to profitability in the first quarter of the financial year as aggressive discount campaigns attracted more customers despite a highly competitive restaurant market. The company reported a consolidated......

HCLTech and Sarvam AI unveil $1.48 billion artificial intelligence data center project in Odisha

India is strengthening its ambitions in artificial intelligence with a major infrastructure investment as HCLTech and startup Sarvam AI join forces to establish a large-scale AI data center in the eastern state of Odisha. The initiative represents one of the country's most significant AI infrastructure......

PVR INOX returns to profit as India’s cinema market gains momentum

India’s largest multiplex operator PVR INOX returned to profitability in the first quarter, supported by stronger cinema attendance, higher ticket revenues and increased customer spending on food and beverages, highlighting renewed momentum in the country’s entertainment sector. The company......

India proposes broader foreign control rules to simplify investment framework

India is considering a significant update to its foreign investment regulations, with the Reserve Bank of India (RBI) proposing a broader definition of what constitutes foreign control of an Indian company. The draft reforms are intended to modernize the country's foreign exchange management framework......

Coca-Cola selects JPMorgan and Citi to lead India bottler IPO ahead of 2027 listing

Coca-Cola is moving forward with plans to take its Indian bottling business public, appointing JPMorgan and Citi to oversee the planned initial public offering (IPO) of Hindustan Coca-Cola Holdings in 2027, according to sources familiar with the process. The move represents a significant step in the......

India successfully launches first privately built rocket Vikram-1 into orbit

India has reached a new milestone in its space ambitions with the successful launch of Vikram-1, the country’s first orbital rocket developed entirely by a private company. Built by Indian space startup Skyroot Aerospace, the 23-meter launcher lifted off on Saturday from the Satish Dhawan Space......

ICICI Bank beats forecasts as first-quarter profit jumps on strong lending growth

ICICI Bank reported a robust increase in first-quarter profit, surpassing market expectations as strong loan demand and lower provisions for potential bad loans boosted earnings. The results reinforce the strength of India's banking sector, where healthy credit growth and improving asset quality......

Indian private space company prepares first test flight of Vikram-1 rocket

Indian private aerospace company Skyroot Aerospace is preparing to carry out the inaugural test flight of its Vikram-1 launch vehicle, marking another significant step in the country's rapidly expanding commercial space sector. The launch is scheduled to take place from the Satish Dhawan Space Centre......

Russian traveler spends $14,000 on Maldives flight in first half of 2026

A new report from Russian travel service Toto has revealed that the most expensive airline ticket purchased by a Russian traveler during the first half of 2026 was a round-trip flight from Moscow to the Maldives, costing 1.1 million rubles, or approximately $14,000. The findings are based on an analysis......