Reuters
Infrastructure
Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive
India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala ......
Finance
RBI to begin bankruptcy proceedings against Dewan Housing Finance
India’s central bank said on Wednesday it would initiate bankruptcy proceedings against Dewan Housing Finance Ltd (DHFL), as it seeks ......
Finance
SEBI tightens rules on loan default disclosure for public firms
India’s publicly listed firms must disclose any failure to repay loans within 24 hours in cases where 30 days have ......
Markets
Nifty, Sensex rise as Reliance Industries, PSU energy stocks gain
Indian shares ended higher on Wednesday, helped by gains in Reliance Industries and a surge in some public sector energy ......
TMT
Alibaba raises up to $12.9 bn via Hong Kong IPO
Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion (£9.9 billion) from its landmark Hong Kong listing and ......
TMT
Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn
The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building ......
Finance
State-run banks report frauds of over $13 bn in April-September
India’s state-run banks reported fraud worth 957.6 billion rupees ($13.34 billion) in the first six months of the fiscal year ......
Markets
Nifty, Sensex rise as banks surge; telecom stocks jump
Indian shares ended higher on Tuesday, led by gains in banking stocks, while shares of telecom companies surged on the ......
Manufacturing
Tata Steel plans to cut up to 3,000 European jobs
Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the ......
Markets
Sensex, Nifty close almost flat; metals, PSBs gain
Indian shares ended mostly flat on Monday, with gains in metal stocks and public sector banks (PSBs) offsetting losses in ......
