An Indian court granted relief on the seizure, provided that Xiaomi inform Indian authorities of fund transfers such as royalty payments, a source said

Indian authorities have this year registered at least 700 cases against Indian companies with Chinese nationals on their boards

The shock move, at an unscheduled monetary policy committee meeting, caused bond yields to spike and the rupee to firm.

The announcement follows news that Sri Lanka has extended a credit line with India by $200 million in order to procure emergency fuel stocks

Imports by India's states and private utilities over the next five months for blending with domestic coal are likely to be the highest in six years

The Tata group company is already the lowest bidder in a government tender for 5,500 electric buses

Sources say the $732 million of Life Insurance Corporation shares held back for key investors have been oversubscribed

Tata commands 90% of India's electric car sales, giving it an all-important first-mover advantage, even if EVs account for only 1% of the overall auto market

Indian officials said last year that social media platforms may no longer be eligible to seek liability exemptions as intermediaries or the hosts of user content

With electric vehicle demand soaring Tata Motors now plans to produce more than 80,000 this financial year, which would be more than four times its output in 2021

Bodhi Tree Systems, a joint venture investment platform run by James Murdoch's Lupa Systems and former Disney India head Uday Shankar, is leading a fundraising round in Viacom18

New Delhi was focusing on decarbonising its steel sector and developing offshore wind power, reflecting a "very serious" commitment