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Reuters

Indian stocks offer lowest dividend yield in Asia: Refinitiv

Markets

15 October, 2019

Indian stocks offer lowest dividend yield in Asia: Refinitiv

Mumbai-based Rebel Foods, the owner of wraps and rolls brand Faasos, will invest $4.9 million in online beverages company DropKaffe ......

Nifty, Sensex rise as auto stocks lead gains

Markets

15 October, 2019

Nifty, Sensex rise as auto stocks lead gains

Indian shares ended higher on Tuesday, led by auto sectors, as investors hoped for further rate cuts from the country's ......

Govt looks into Flipkart, Amazon festive discounts after retailer complaints

TMT

15 October, 2019

Govt looks into Flipkart, Amazon festive discounts after retailer complaints

The Indian government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales ......

PM Modi's switch to faceless assessment irks tax unions

Finance

15 October, 2019

PM Modi's switch to faceless assessment irks tax unions

Indian tax officials are pushing back against Prime Minister Narendra Modi’s new faceless tax assessment program, complaining about a lack ......

Retail inflation quickens to 3.99% in September

Economy

14 October, 2019

Retail inflation quickens to 3.99% in September

India’s retail inflation rate rose to 3.99% in September, driven by higher food prices, the government said on Monday, close ......

Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit

Finance

14 October, 2019

Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit

Citigroup Inc on Friday named Douglas Adams and James Fleming global co-heads of its equity capital markets business, which helps ......

Nifty, Sensex rise ahead of inflation data; Infosys drops

Markets

14 October, 2019

Nifty, Sensex rise ahead of inflation data; Infosys drops

Indian shares ended higher on Monday, buoyed by auto and real estate stocks, as investors awaited headline inflation data due ......

Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe

Manufacturing

14 October, 2019

Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe

India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power & Steel Limited ......

World Bank slashes India's growth forecast to 6% for this fiscal year

Economy

14 October, 2019

World Bank slashes India's growth forecast to 6% for this fiscal year

The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......

Indian real estate slump leaves beleaguered banks exposed

Infrastructure

14 October, 2019

Indian real estate slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......