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Modi and Xi to meet during BRICS

BEIJING, (IANS), CHINA and India will discuss the US’ trade war and its protectionist trade policy when President Xi Jinping and PM Narendra Modi meet on the sidelines of the BRICS Summit in Johannesburg next week, the Chinese Foreign Ministry

  • UPL makes largest buyout, snaps up Arysta for $4.2 bn

      MUMBAI, (PTI), IN ONE of the largest overseas deals by India Inc in recent years, chemicals producer UPL (formerly United Phosphates) on Friday teamed up with Abu Dhabi Investment Authority and TPG to snap up Florida-based Arysta Life Science

  • ‘Higher interest rate in US, trade issues pose cap flight risk for India’

    NEW DELHI, (PTI), TRADE issues and higher US interest rate could create outward capital flow pressure for India, but risks this year are more moderate compared with 2013, S&P Global Ratings said on Friday. In its report ‘APAC Economic Snap

  • IHCL to open 8 new hotels this year

    MUMBAI, (PTI), INDIAN Hotels Company (IHCL) will be opening eight new hotels this year and is targeting a 30 per cent revenue growth over the next few years as the sentiment has turned positive for the industry, company chairman said. Addressing the

  • Wipro Q1 profit up at Rs 2,120.8 cr 

      BENGALURU, (PTI), INDIA’S third largest IT firm Wipro on Friday posted over 2 per cent increase in consolidated net profit at Rs 2,120.8 crore for June 2018 quarter. The net profit, attributable to shareholders, in year-ago period was a