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Reuters

Saudi Aramco raises $25.6 bn in world's biggest IPO

Manufacturing

06 December, 2019

Saudi Aramco raises $25.6 bn in world's biggest IPO

State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of ......

Nifty, Sensex slide after RBI surprises by holding rates steady

Markets

05 December, 2019

Nifty, Sensex slide after RBI surprises by holding rates steady

Indian shares pared early gains to end lower on Thursday after the Reserve Bank of India (RBI) kept its policy ......

Why the govt's lending push could come back to bite the banking sector

Finance

05 December, 2019

Why the govt's lending push could come back to bite the banking sector

Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......

Facebook, Twitter may soon have to offer user verification in India

TMT

05 December, 2019

Facebook, Twitter may soon have to offer user verification in India

India’s proposed new privacy bill may require large social media platforms to offer an identity-verification option, a potentially precedent-setting effort ......

RBI keeps rates on hold in surprise move, slashes GDP forecast

Economy

05 December, 2019

RBI keeps rates on hold in surprise move, slashes GDP forecast

The Reserve Bank of India kept its key lending rate on hold in a shock decision on Thursday, while sharply ......

Weak growth, US-China trade war to keep rupee on slippery slope for a year

Markets

05 December, 2019

Weak growth, US-China trade war to keep rupee on slippery slope for a year

The Indian rupee will not recover lost ground in the coming year, according to a Reuters poll of currency strategists ......

Bharti Airtel to raise up to $3 bn via bonds, shares

TMT

04 December, 2019

Bharti Airtel to raise up to $3 bn via bonds, shares

Indian telecom operator Bharti Airtel Ltd said on Wednesday it would raise up to $3 billion via debt and equity, ......

Standard Life selling 4% stake in HDFC AMC

Finance

04 December, 2019

Standard Life selling 4% stake in HDFC AMC

Asset manager Standard Life Aberdeen said its unit plans to sell an up to 4% stake in India-based HDFC Asset ......

SBI to trim stake in UTI Mutual Fund via IPO

Finance

04 December, 2019

SBI to trim stake in UTI Mutual Fund via IPO

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......

Sensex, Nifty recover after report rekindles US-China trade deal hopes

Markets

04 December, 2019

Sensex, Nifty recover after report rekindles US-China trade deal hopes

Indian shares reversed course to end higher on Wednesday, snapping a three-day losing streak, after a media report said the ......