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MUMBAI -- Shares in Indian broadcasting giant Zee Entertainment Enterprises had slumped over 50% by mid-May from their level at the start of 2024 amid the collapse of merger talks with a Sony Group unit, with a recently proposed reorganization plan doing little to spark a major rebound.
MUMBAI -- India's nominal gross domestic product will likely outstrip Japan's in 2025 to become the world's fourth-largest economy, according to an International Monetary Fund estimate, a year earlier than the previous projection.
MUMBAI -- Terra Charge, a Tokyo-based provider of electric vehicle charging services, has started selling its chargers to outside clients in India to expand its footprint in the market.
MUMBAI -- The Japan Bank for International Cooperation and other lenders agreed Thursday to provide up to 20 billion yen ($130 million) in financing to Indian state-owned hydropower company NHPC as it broadens its renewable energy portfolio.
MUMBAI -- India is accelerating efforts to become a global powerhouse in semiconductor production with three factories breaking ground this year, though its success hinges on whether it can dispel lingering infrastructure concerns.
MUMBAI -- The Indian market for initial public offerings looks poised to remain brisk this year, with planned debuts by companies like Ola Electric Mobility, amid an influx of capital from foreign investors seeking an alternative to China.
MUMBAI -- As foreign and domestic players scramble to grab a piece of India's emerging EV market in the absence of Tesla and BYD, steel and energy conglomerate JSW Group plans to invest 400 billion rupees ($4.8 billion) to build a vehicle and battery factory.
MUMBAI -- India's imports of Russian crude oil fell in January to a one-year low, down 35% from last year's peak, as New Delhi diversifies its sources.