Chennai airport runway flooded as Cyclone Michaung nears India

Chennai airport runway flooded as Cyclone Michaung nears India

CHENNAI, Dec 4 (Reuters) – At least four people died, factories closed and the runway of one of India’s busiest airports lay submerged due to torrential rain, as two southern states were braced on Monday for the impact of a severe cyclone. Cyclone Michaung was expected to make landfall on the coast of the southern …

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Walmart shifts to India from China for cheaper imports

Walmart shifts to India from China for cheaper imports

Walmart imports more from India, reducing reliance on China 60% of shipments came from China in Jan-Aug 2023 vs 80% in 2018 India is key component of Walmart’s supply chain, Walmart says LONDON/NEW YORK, Nov 29 (Reuters) – Walmart (WMT.N) is importing more goods to the United States from India and reducing its reliance upon …

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Tesla on two wheels? India’s Ola Electric feels the strains of success

Tesla on two wheels? India’s Ola Electric feels the strains of success

India’s No. 1 e-scooter maker faces challenges ahead of IPO Some service centres have big backlogs, long repair times Ola’s CEO says it’s aggressively expanding service network THANE/HYDERABAD/NEW DELHI/MUMBAI, Nov 28 (Reuters) – Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a …

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India announces phased introduction of biogas blending for domestic use

India announces phased introduction of biogas blending for domestic use

Biogas, methane collected from dairy farms, is piped into a cleaning facility at the Calgren facility in Pixley, California, U.S., October 2, 2019. Picture taken October 2, 2019. REUTERS/Mike Blake/File Photo Acquire Licensing Rights NEW DELHI, Nov 25 (Reuters) – India will start blending compressed biogas with natural gas to boost domestic demand and cut …

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FACTBOX Who is Gurpatwant Pannun, target of foiled murder plot in US?

FACTBOX Who is Gurpatwant Pannun, target of foiled murder plot in US?

NEW DELHI, Nov 23 (Reuters) – Gurpatwant Singh Pannun, the target of a foiled murder plot in the United States, is an immigration attorney charged with terrorism in India for advocating separatism and holding referendums overseas to carve out an independent Sikh state. U.S. authorities have thwarted an attempt to kill him and have issued …

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Indian capital resumes some activities despite hazardous air, river foam

Indian capital resumes some activities despite hazardous air, river foam

NEW DELHI, Nov 20 (Reuters) – India’s capital Delhi re-opened schools and some building sites on Monday amid signs of receding air pollution, although it remained classified as hazardous, while a toxic foam besmirched stretches of the Yamuna river flowing through the city. The world’s most polluted capital resumed its annual battle on pollution this …

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Exclusive: India seeks to restart stalled Adani coal imports probe

Exclusive: India seeks to restart stalled Adani coal imports probe

Indian agency, Adani locked in tussle over coal imports case India trying to restart probe by seeking Supreme Court help Adani denies wrongdoing in coal imports case, papers show Adani faces renewed pressure after Hindenburg report of January NEW DELHI, Nov 17 (Reuters) – Indian investigators are seeking to restart a probe into Adani Group …

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Falling debris hampers rescue of 40 workers trapped in Indian tunnel

Falling debris hampers rescue of 40 workers trapped in Indian tunnel

[1/6]A supply truck loaded with augers prepares to enter a tunnel where 40 road workers are trapped after a portion of the tunnel collapsed in Uttarkashi, in the northern state of Uttarakhand, India, November 15, 2023. REUTERS/Shankar Prasad Nautiyal Acquire Licensing Rights LUCKNOW, India, Nov 15 (Reuters) – Falling debris are hampering efforts to pull …

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Rescuers drill to reach 40 workers in India tunnel collapse

Rescuers drill to reach 40 workers in India tunnel collapse

LUCKNOW, India, Nov 14 (Reuters) – Rescue workers on Tuesday battled to reach 40 Indian workers trapped inside a collapsed Himalayan highway tunnel for almost 60 hours, drilling through debris to fix a wide steel pipe which they hope can be used to pull the men out. The trapped men are safe and healthy, authorities …

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Excitement and worry as stock options trading booms in India

Excitement and worry as stock options trading booms in India

MUMBAI, Nov 13 (Reuters) – A sudden explosive growth in stock options trading in India this year has got the country’s retail traders excited and regulators worried about the risks such speculative fervour could spawn. The boom in derivatives trading in the country’s historically conservative markets, where some products such as stock futures are still …

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