Reuters
Economy
Govt plan to cap commissions could ruffle Ola, Uber feathers
India plans to cap the commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a ......
Economy
GDP in September quarter likely expanded at its weakest pace in over six years
India’s July-September economic growth is likely to be around 4%, two television channels reported, citing government sources. Asia’s third largest economy ......
Infrastructure
WeWork's ill-fated IPO shows market discipline: Oaktree's Marks
WeWork’s failure to go public and this year’s disappointing tech IPOs in the United States are a positive sign of ......
Infrastructure
Air India will have to shut if not privatised: Minister
India’s state-run airline will have to cease operations if it is not privatised, the country’s junior minister for civil aviation ......
Markets
ADIA, Kuwait sovereign fund plan investment in Aramco IPO
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi ......
Markets
Sensex, Nifty rise as US-China trade hopes boost sentiment
Indian shares ended higher on Wednesday tracking global equity markets, as upbeat comments by US President Donald Trump that Washington ......
TMT
UK's Manchester City becomes world's most-valued soccer team with PE deal
Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million stake to US private equity firm Silver Lake, ......
Economy
Indian stock gains to be limited in 2020 as economy slows: Poll
Indian stocks are set to rise further over the coming year, according to a Reuters poll of equity strategists, but ......
Infrastructure
Govt asks state-run firms to clear dues of ReNew, SoftBank's green energy arm
India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to ......
Markets
Sensex, Nifty decline as IT, consumer stocks drag markets
Indian shares dropped from life highs to end lower on Tuesday, dragged down by losses in information technology and consumer ......
