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Reuters

Canada's CPPIB posts 2.2% return in July-Sept quarter

Finance

15 November, 2019

Canada's CPPIB posts 2.2% return in July-Sept quarter

The Canada Pension Plan Investment Board (CPPIB), the country's biggest public pension fund, on Thursday reported a 2.2% return on ......

Sensex rises a tad this week, Nifty falls

Markets

15 November, 2019

Sensex rises a tad this week, Nifty falls

Indian shares settled slightly higher on Friday, paring most of the gains made during the day as investors booked profits ......

Tax officials find PM Modi's targets too taxing, some quit

Economy

15 November, 2019

Tax officials find PM Modi's targets too taxing, some quit

India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect 17% more in direct ......

Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

TMT

15 November, 2019

Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for ......

Norwest Venture Partners closes $2 bn fund, its biggest to date

Finance

14 November, 2019

Norwest Venture Partners closes $2 bn fund, its biggest to date

Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date ......

CBI set to file fresh charges in $2 bn Punjab National Bank fraud case

Finance

14 November, 2019

CBI set to file fresh charges in $2 bn Punjab National Bank fraud case

The Central Bureau of Investigation will soon file fresh charges in the $2 billion Punjab National Bank (PNB) fraud case ......

Sensex, Nifty rise as ICICI, Infosys lead gains

Markets

14 November, 2019

Sensex, Nifty rise as ICICI, Infosys lead gains

Indian shares settled higher on Thursday, led by gains in financial and IT stocks with shares of Infosys Ltd closing ......

India's love for cash hinders move to digital economy despite demonetisation push

Finance

14 November, 2019

India's love for cash hinders move to digital economy despite demonetisation push

India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone ......

WeWork loss widens to $1.25 bn amid office space expansion

Infrastructure

14 November, 2019

WeWork loss widens to $1.25 bn amid office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......

 Dewan Housing lenders get temporary relief on $5.6 bn loans

Finance

14 November, 2019

Dewan Housing lenders get temporary relief on $5.6 bn loans

An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting ......