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Reuters

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 ......

WeWork woes hit Softbank's plans for second Vision Fund

Finance

04 October, 2019

WeWork woes hit Softbank's plans for second Vision Fund

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......

HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam

Finance

04 October, 2019

HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam

India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused ......

Sensex slips amid global slowdown worries; banks, metals slide

Markets

03 October, 2019

Sensex slips amid global slowdown worries; banks, metals slide

Indian shares fell on Thursday, dragged lower by banking and metals stocks, as the United States said it would slap ......

India stock markets priciest in Asia as valuations jump after corporate tax cut

Markets

03 October, 2019

India stock markets priciest in Asia as valuations jump after corporate tax cut

India and Malaysian equities were the most expensive in Asia on Oct. 2, based on their price-to-earnings valuation metrics, according ......

Yes Bank 'very stable', CEO Gill says after stock slide

Finance

03 October, 2019

Yes Bank 'very stable', CEO Gill says after stock slide

Private-sector lender Yes Bank’s (YESB.NS) Chief Executive Officer Ravneet Gill assured investors on Thursday that the bank remains on solid ......

Sensex slides as banking, realty stocks hammered

Markets

01 October, 2019

Sensex slides as banking, realty stocks hammered

Indian shares fell 1% on Tuesday, as investors fretted about the exposure of major banks to the troubled real estate ......

RBI to pick up slack as India stimulus measures to fall short: Poll

Economy

01 October, 2019

RBI to pick up slack as India stimulus measures to fall short: Poll

Recent stimulus measures announced by the Indian government will be insufficient to boost economic growth significantly, said a majority of ......

India to borrow gross $38 bn during October-March

Economy

01 October, 2019

India to borrow gross $38 bn during October-March

India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities, Economic ......