Edition:
United Kingdom

Aditi Shah

From small businesses to farmers, middle India is driving demand

04 Dec 2020

NEW DELHI/MUMBAI Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur, a city in north-western India, to win a contract to service a large, government-run hospital - a move essential to kickstarting his business.

Exclusive: China's Ant considers Paytm stake sale amid tensions with India - sources

02 Dec 2020

HONG KONG/NEW DELHI Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape, people with direct knowledge of the matter said.

India to allow Uber and rivals to charge 20% commission

27 Nov 2020

MUMBAI India will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20% commission on ride fares, according to guidelines issued on Friday, diluting an earlier proposal to cap fees at 10%.

RPT-UPDATE 1-Singapore Airline's India venture Vistara eyes direct flights to U.S.

23 Nov 2020

* To deploy 20%-30% capacity on international routes by mid-2023

Singapore Airlines' India venture Vistara eyes direct flights to U.S.

21 Nov 2020

NEW DELHI Vistara, an Indian full-service airline owned by Tata Group and Singapore Airlines, is considering starting direct flights to the United States as the COVID-19 pandemic increases demand for non-stop travel, a senior executive said on Friday.

REFILE-UPDATE 1-Singapore Airline's India venture Vistara eyes direct flights to U.S.

21 Nov 2020

* To deploy 20%-30% capacity on international routes by mid-2023

Toyota halts production at Indian plant after labour union strike

11 Nov 2020

NEW DELHI Toyota Motor Corp has been forced to halt production at its car plant in southern India after members of a workers' union went on a sit-in strike within the premises, the automaker said on Wednesday.

Toyota halts production at Indian plant after labour union strike

11 Nov 2020

NEW DELHI, Nov 11 Toyota Motor Corp has been forced to halt production at its car plant in southern India after members of a workers' union went on a sit-in strike within the premises, the automaker said on Wednesday.

India to spend $27 billion over 5 years to boost manufacturing

11 Nov 2020

NEW DELHI India's cabinet on Wednesday approved a proposal to provide production-linked incentives of about 2 trillion rupees ($27 billion) over five years to create jobs and boost manufacturing in the country, the finance minister said.

UPDATE 1-India to spend $27 billion over 5 years to boost manufacturing

11 Nov 2020

NEW DELHI, Nov 11 India's cabinet on Wednesday approved a proposal to provide production-linked incentives of about 2 trillion rupees ($27 billion) over five years to create jobs and boost manufacturing in the country, the finance minister said.

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