Exclusive-Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

Russia's Rosneft and India's Reliance agree on a 10-year oil supply deal, delivering nearly 500,000 bpd, amidst rising competition and Western sanctions on Russia.

Amazon joins India's quick commerce race with trials for 15-minute grocery delivery

Amazon is launching quick commerce trials in India, aiming for 15-minute grocery deliveries, amidst competition from local players like Zomato and Swiggy.

Reliance's US unit buys $12 million stake in helium explorer Wavetech Helium

Reliance, Walt Disney close $8.5 billion merger of Indian media assets

Reliance and Disney finalize an $8.5 billion merger of Indian media assets, creating the largest entertainment entity in India with three divisions and key leadership appointments.

Trump pick Rubio could harden oil sanctions on Iran, Venezuela

Rubio's secretary of state nomination suggests tougher sanctions on Iran and Venezuela, but risks of retaliation from China may complicate U.S. foreign policy actions.

Musk's Starlink working on Indian security clearance for satellite broadband

Starlink seeks license for satellite broadband in India, ensuring compliance with local data security. Rivalry with Mukesh Ambani, Reliance Jio dominates the market.

MSCI adds five Indian stocks to key index; Nuvama sees $2.5 billion inflows

MSCI included five Indian companies in its Global Standard Index, boosting India's weight to 19.8% and attracting $2.5 billion in inflows, narrowing the gap with China.

Exclusive-Ambani's Reliance Jio IPO set for 2025, retail debut much later, sources say

Mukesh Ambani aims for a 2025 IPO for Reliance Jio, valued above $100 billion, while Reliance Retail's IPO is on hold for operational improvements.

India stocks lower at close of trade; Nifty 50 down 0.12%

India's stock market closed lower, affected mainly by losses in FMCG, healthcare, and oil. Divi's and Cipla saw significant gains, while ITC and Nestle struggled.

Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say

Indian refiners are increasing Venezuelan crude imports, with IOC and MRPL set to buy 2 million barrels amid eased U.S. sanctions.