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Reuters

Nifty, Sensex mark worst losing streak since July

Markets

07 October, 2019

Nifty, Sensex mark worst losing streak since July

Indian shares ended lower for a sixth straight session on Monday, led by losses in steelmakers and energy stocks as ......

Indian equities lure foreign money in September on corporate tax cuts

Markets

07 October, 2019

Indian equities lure foreign money in September on corporate tax cuts

India and Taiwan equities received strong foreign inflows in September due to some local factors, but other regional markets saw ......

SoftBank CEO Masayoshi Son says "embarrassed" by track record

Finance

07 October, 2019

SoftBank CEO Masayoshi Son says "embarrassed" by track record

SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business ......

World's largest sovereign wealth fund to spend less money next year

Finance

07 October, 2019

World's largest sovereign wealth fund to spend less money next year

Norway plans to spend less money next year from its $1.1 trillion sovereign wealth fund, the world's largest, as economic ......

Malaysia's Petronas sets up $350 mn venture capital fund

Infrastructure

07 October, 2019

Malaysia's Petronas sets up $350 mn venture capital fund

Malaysia's state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial ......

HSBC may cut up to 10,000 jobs to slash costs

Finance

07 October, 2019

HSBC may cut up to 10,000 jobs to slash costs

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

TMT

07 October, 2019

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......

RBI cuts rates for fifth time in a row, slashes growth forecast

Economy

04 October, 2019

RBI cuts rates for fifth time in a row, slashes growth forecast

The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, ......

India's services sector contracts in September on weak demand

Economy

04 October, 2019

India's services sector contracts in September on weak demand

India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since early ......

Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head

Finance

04 October, 2019

Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head

Tech specialists Raghav Maliah and Jung Min have been appointed co-heads of Goldman Sachs' mergers and acquisitions in Asia Pacific ......