GMR is looking at a 49:51 tie-up with AP2 for the project in Medan, which is the fourth biggest urban area in Indonesia and capital of North Sumatra province.

Valuation will be based on an earlier transaction, under which AirAsia Berhad sold its 32.6% stake, the report said

German automaker, which also owns Czech carmaker Skoda, will focus on production of EVs rather than hybrids over the long term

Backdown comes a few months ahead of elections in the agrarian provinces of Uttar Pradesh and Punjab, and massive farmer protests against the laws.

Tata group, which is in the process of taking over Air India, is looking to reduce operational costs

The automaker is working with e-commerce companies to gather details on the required range and performance metrics, the report said

Nikhil Nanda is set to continue as Escorts chairman and managing director and take on two newly created job titles after transaction

The company is looking to launch its scooters in Europe, the UK, Australia, New Zealand and Southeast Asia next year

Paytm stock lists on NSE at Rs1,950 ($26.28) against its issue price of Rs2150 ($28.98) apiece before crashing

Air Quality Commission says older diesel and petrol vehicles will be kept off roads, while construction and demolition activities are banned until November 21

India's central bank flagged the growing disconnect between exuberant equity markets and real economic activity.

The government has started issuing single-entry visas valid for one month, but the ban on regular international flights will continue till the end of November