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Reuters

As lithium prices drop, private equity investors sniff opportunities

Manufacturing

25 November, 2019

As lithium prices drop, private equity investors sniff opportunities

Private equity groups and other investors have grown emboldened by the lithium industry's malaise, forging plans to invest billions of ......

Apple supplier Salcomp to manufacture near Chennai: IT minister

Consumer

25 November, 2019

Apple supplier Salcomp to manufacture near Chennai: IT minister

Apple supplier Salcomp to manufacture near Chennai: IT minister Information technology minister Ravi Shankar Prasad said on Monday Apple Inc. would ......

Nifty, Sensex rise as metal stocks shine

Markets

25 November, 2019

Nifty, Sensex rise as metal stocks shine

Indian shares ended higher on Monday, led by gains in metal stocks as global equities rallied on hopes of progress ......

Louis Vuitton owner to buy US jeweller Tiffany in its biggest purchase

Consumer

25 November, 2019

Louis Vuitton owner to buy US jeweller Tiffany in its biggest purchase

Louis Vuitton owner LVMH has agreed to buy US jeweller Tiffany for $16.2 billion in the luxury goods maker's biggest ......

Govt to dangle sops before private hospitals in bid to boost Ayushman Bharat

Healthcare

25 November, 2019

Govt to dangle sops before private hospitals in bid to boost Ayushman Bharat

India will offer incentives to private hospitals to take part in the government’s health insurance programme Ayushman Bharat, potentially the ......

Nifty, Sensex edge up for the week

Markets

22 November, 2019

Nifty, Sensex edge up for the week

Indian shares ended lower on Friday, dragged by losses in information technology stocks, as global investors were cautious about mixed ......

KKR hits halfway mark for $3 bn Asia infrastructure fund

Finance

22 November, 2019

KKR hits halfway mark for $3 bn Asia infrastructure fund

Global private equity group KKR & Co has raised $1.5 billion for its first Asia-focused infrastructure fund, roughly half the ......

WeWork to lay off 2,400 employees in SoftBank revamp

Infrastructure

22 November, 2019

WeWork to lay off 2,400 employees in SoftBank revamp

WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......

Bankruptcy law set to face huge test in Dewan Housing case

Finance

22 November, 2019

Bankruptcy law set to face huge test in Dewan Housing case

India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......

Nifty, Sensex inch lower; BPCL top loser

Markets

21 November, 2019

Nifty, Sensex inch lower; BPCL top loser

Indian shares ended lower on Thursday, dragged down by public sector stocks, as investors booked profits after the Nifty 50 ......