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Euan Rocha

RBI pauses with dramatic effect, markets wobble

05 Dec 2019

MUMBAI The Reserve Bank of India (RBI) kept its key lending rate on hold in a shock decision that spooked markets on Thursday, even as it slashed its growth forecast for the economy to its lowest level in over a decade.

RBI cuts rates to near decade lows to revive growth

04 Oct 2019

MUMBAI The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping up its efforts to kickstart an economy growing at its slowest pace in six years.

UPDATE 2-India's central bank cuts rates to near decade lows to revive growth

04 Oct 2019

MUMBAI, Oct 4 The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping up its efforts to kickstart an economy growing at its slowest pace in six years.

Amazon to acquire minority stake in an Indian supermarket chain operator

23 Aug 2019

MUMBAI/BENGALURU Amazon.com Inc is set to snag a 3.58% minority stake in India's Future Retail , which operates more than 1,500 stores in India and owns several supermarket brands, including budget department and grocery store chain, Big Bazaar.

Amazon to acquire minority stake in an Indian supermarket chain operator

22 Aug 2019

MUMBAI/BENGALURU, Aug 22 Amazon.com Inc is set to snag a minority stake in India's Future Retail Ltd , which operates more than 900 stores in India and owns several supermarket brands, including Big Bazaar.

India needs to reduce ecommerce restrictions to revive economy - Amazon exec

22 Aug 2019

HYDERABAD India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help revive sagging domestic economic growth, a senior Amazon.com executive said on Wednesday. | Video

Torrential rains cause flooding, evacuations in southern India

09 Aug 2019

BENGALURU/MUMBAI, Aug 9 Torrential monsoon rains in the southern Indian state of Kerala caused a major landslide and flooding that has cut off some areas, forcing the evacuation of more than 22,000 people, authorities said on Friday.

Eros group says it is taking action to resolve loan payment delays

10 Jun 2019

MUMBAI Indian film and entertainment group Eros International has taken steps to resolve delays in loan payments, Chief Executive Kishore Lulla said, as he also dismissed a short seller's allegations of accounting irregularities at the group.

UPDATE 1-India's Eros group says it is taking action to resolve loan payment delays

10 Jun 2019

* Eros shares under pressure after rating cut, due to payment delays

Eros CEO says loan payment delays being rectified as pressure mounts

09 Jun 2019

MUMBAI Eros International has taken steps to rectify delays in loan payments, Chief Executive Officer Kishore Lulla said on Sunday, as pressure builds on the Indian media company, with another short-seller report flagging potential issues at the company.

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