Reuters
People
Infosys probes alleged ‘unethical practices' by CEO Salil Parekh; shares plunge
Infosys Ltd said on Tuesday it was investigating allegations of "unethical practices" by Chief Executive Officer Salil Parekh after receiving ......
Economy
Piyush Goyal says differences resolved with US over trade deal
India’s Trade Minister Piyush Goyal said on Monday that the broad contours of a trade deal with the United States ......
Infrastructure
SoftBank to skip WeWork's lease obligations with new funding lifeline
SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the ......
Infrastructure
Warburg Pincus-backed ESR relaunches larger Hong Kong IPO
ESR Cayman Ltd, backed by private-equity firm Warburg Pincus, relaunched a bigger Hong Kong initial public offering (IPO) that aims ......
Economy
India to take more steps to boost consumer demand, growth: Chief economic adviser
India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a ......
Markets
Sensex rises; Reliance Industries touches record high
Indian shares closed higher on Friday, led by gains in metal and state-owned banks while India's most valuable company, Reliance ......
Finance
Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations
The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......
TMT
Netflix and Amazon face censorship threat in India
India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told ......
Consumer
Emerging markets come off the boil for Nestle and Unilever
Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales ......
Finance
Mumbai court jails former MD of PMC Bank as fraud probe deepens
An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to ......