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Reuters

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

Economy

25 September, 2019

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall ......

Sensex, Nifty drop amid Trump impeachment inquiry, trade-war fears

Markets

25 September, 2019

Sensex, Nifty drop amid Trump impeachment inquiry, trade-war fears

Indian shares ended lower on Wednesday as calls for an impeachment of US President Donald Trump rattled investors, with state-owned ......

Depositors panic as curbs put on major Indian co-operative bank

Finance

25 September, 2019

Depositors panic as curbs put on major Indian co-operative bank

The Reserve Bank of India’s (RBI) move to take charge of one of the country’s top five co-operative banks on ......

WeWork's Adam Neumann to quit as CEO after SoftBank push

People

25 September, 2019

WeWork's Adam Neumann to quit as CEO after SoftBank push

WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank ......

ADB slashes India growth estimate as global trade tensions escalate

Economy

25 September, 2019

ADB slashes India growth estimate as global trade tensions escalate

 Escalating trade tensions between the United States and China have darkened the outlook for developing Asia, with the region expected ......

RCom CEO steps down to focus on US unit's bankruptcy process

People

24 September, 2019

RCom CEO steps down to focus on US unit's bankruptcy process

Indian telecom company Reliance Communications Ltd’s (RCom) (RLCM.NS) Chief Executive Officer Bill Barney will step down but remain as head ......

Nifty, Sensex end little changed; Reliance Industries gains

Markets

24 September, 2019

Nifty, Sensex end little changed; Reliance Industries gains

Indian shares ended little changed on Tuesday, as investors paused after a two-session rally and waited for further stimulus from ......

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

Finance

24 September, 2019

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

German insurer Allianz (ALVG.DE), Nippon Life and MS&AD Insurance (8725.T) are vying with rivals to buy the Singapore and Vietnam ......

Budweiser maker AB InBev's Asia unit raises $5 bn via IPO

Consumer

24 September, 2019

Budweiser maker AB InBev's Asia unit raises $5 bn via IPO

Anheuser-Busch InBev (AB InBev) (ABI.BR) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at ......

Corporate tax cut may boost smartphone manufacturing in India

Manufacturing

24 September, 2019

Corporate tax cut may boost smartphone manufacturing in India

India’s lower corporate tax rate will help its smartphone industry expand, fuel research and development (R&D) investment and attract higher-value ......