Indias
India’s prime minister met with President Donald Trump this week.Narendra Modi said India and the US had agreed to aim to double bilateral trade to $500 billion by 2030.It comes amid Trump’s threat of “reciprocal” tariffs on US trading partners.Indian Prime Minister Narendra Modi has a new and rather familiar…
Investing.com — India’s mid-cap and small-cap outperformance against large caps over the past two years has valuation gap at historical high, UBS said signalling a potential correction in the near term. The divergence in performance between the Nifty Midcap 100 and the Nifty 50 indices has reached unprecedented levels, driven largely…
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) – India’s Tata Consultancy Services (NS:) expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation’s No. 1 software-services…
Silicon Valley is the undisputed global tech hub. The small corner of California is the birthplace of Apple, Google, and OpenAI — companies that have, for better or worse, changed modern life.Far away, in the southern Indian state of Karnataka, another tech hub has been finding its footing in the…
US case against India’s Gautam Adani appears strong but extradition unlikely, experts say By Reuters
By Luc Cohen NEW YORK (Reuters) – The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon. Federal prosecutors in Brooklyn…
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Elon Musk’s Tesla (NASDAQ:) has resumed its search for showroom space in New Delhi, two sources told Reuters, in the first sign it is rethinking entering the Indian market after putting its investment plans on hold earlier this year. Musk said…
(Reuters) – Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply of electricity and the sale of cooking oil. U.S. authorities have accused Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part…
By Sethuraman N R and Bharath Rajeswaran (Reuters) – Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme. Gautam Adani’s flagship company Adani Enterprises…