India

Indian Food Delivery Firm Zomato Sees Losses Rise In Q1

India's Zomato Ltd saw its losses increase in the quarter to the end of June, in its first results update since its listing last month. The food deliver...

Amazon, Walmart's Flipkart Must Face India Antitrust Probe, Top Court Says

Amazon.com Inc and Walmart's Flipkart must face antitrust investigations ordered against them in India, the country's Supreme Court has ruled, after the e-...

Carlsberg India's Partner Urges Better Governance In Joint Venture

Carlsberg's partner in India called on the Danish brewer to improve governance standards at their joint venture on Wednesday, citing 'grave concerns' over...

Walmart's Flipkart Raises Fresh Funds As IPO Looms

Walmart Inc-owned Flipkart will double its valuation in less than three years to $37.6 billion after the latest funding that included SoftBank Group Corp,...

Pernod Ricard Raises Profit Forecast For Coming Year

Pernod Ricard said it now expects organic profit growth of about 16% for its 2020/2021 fiscal year, up from a previous April forecast of 10%, as...

Diageo Pledges £4.5m To Support India’s COVID-19 Response

Spirits giant Diageo has pledged £4.5 million to support India’s COVID-19 public health response during the second surge of the pandemic. Th...

UK-India Trade Deal: Why The Timing Is Crucial For Both Nations

The UK and India have announced a new enhanced deal on trade at a virtual summit. The deal aims to double trade between the two countries by 2030 and decla...

Bunge Raises Outlook As Profit Jumps More Than Three-Fold

US agricultural commodities trader Bunge Ltd said its adjusted income rose more than three-fold in the first quarter from a year earlier as strong crop exp...