Tag:

Rupees

India raises fuel prices as Iran war drives global oil shock

India’s state-run fuel retailers have raised petrol and diesel prices for the first time in four years by 3 rupees per litre, or more than 3%, as global crude oil costs surged following disruptions to shipping routes linked to the war involving Iran.

15 May 2026-13:32
India's Tata Motors Passenger Vehicles posts quarterly profit fall

14 May 2026-15:14
Indian startup Snabbit raises $56M to expand on-demand home services

Indian on-demand home services platform Snabbit announced on Tuesday that it has secured $56 million in a funding round led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments.

28 Apr 2026-13:49
Sapphire Foods swings to quarterly loss as costs weigh on KFC and Pizza Hut operator

Sapphire Foods, the Indian operator of the KFC and Pizza Hut chains, reported a consolidated loss for the fourth quarter.

28 Apr 2026-13:44
Tata, Singapore Airlines in talks to fund Air India losses

Air India is seeking fresh financial support from its major shareholders after reporting a far larger-than-expected annual loss of more than 220 billion rupees (about S$3 billion), according to people familiar with the matter.

16 Apr 2026-16:30
India's Wipro announces record buyback after revenue miss

India’s Wipro announced a record share buyback of up to 150 billion rupees ($1.61 billion) on Thursday after reporting a slight quarterly revenue miss, as clients held back technology spending in the energy and banking sectors, while business from key customer Estée Lauder also slowed.

16 Apr 2026-15:41
Bharti Airtel to invest $2.2 billion to expand digital lending

Indian telecom major Bharti Airtel said on Monday it plans to invest 200 billion rupees ($2.2 billion) into its financial services arm over the coming years, as it ramps up its push into digital lending.

23 Feb 2026-15:39
India seeks to boost chip industry competitiveness

India plans to achieve the capability to design and manufacture chips required for nearly 70 to 75 percent of domestic applications by 2029, an article published by the federal government's publicity wing, the Press Information Bureau, said on Saturday.

07 Feb 2026-19:05
L’Oréal to build AI beauty tech hub in India

French cosmetics giant L’Oréal has announced a major investment in India, unveiling plans to establish an AI-powered beauty technology hub in the southern city of Hyderabad. The company will invest more than 35 billion rupees (about $383 million) in the project.

21 Jan 2026-09:30
Maruti Suzuki to invest $3.9B in new Gujarat plant

Maruti Suzuki India Ltd will invest 350 billion rupees ($3.9 billion) to build a new car manufacturing plant in Gujarat, the state government announced on Saturday.

17 Jan 2026-13:58