Daily brief
Two more Indian LPG tankers have cleared the Strait of Hormuz, bringing the total number of Indian-flagged vessels to transit the waterway since early March to eight.
Air India CEO Campbell Wilson has resigned; he will remain in the role until a successor is found, as the airline faces financial losses and regulatory scrutiny.
Analysts have cut India's GDP growth forecasts due to the energy shock from rising crude oil prices amid the Iran conflict.
Olam is selling its IT and digital services unit Mindsprint to Wipro for $483 million.
India's Reliance has bought Venezuelan oil directly from PDVSA, according to a document and data.