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Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

Infrastructure

21 October, 2019

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 ......

India to take more steps to boost consumer demand, growth: Chief economic adviser

Economy

18 October, 2019

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 ......

Sensex rises; Reliance Industries touches record high

Markets

18 October, 2019

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 ......

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

Finance

18 October, 2019

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 ......

Netflix and Amazon face censorship threat in India

TMT

18 October, 2019

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 ......

Emerging markets come off the boil for Nestle and Unilever

Consumer

18 October, 2019

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 ......

Mumbai court jails former MD of PMC Bank as fraud probe deepens

Finance

17 October, 2019

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 ......

Sensex, Nifty rise as auto and public sector banks shine

Markets

17 October, 2019

Sensex, Nifty rise as auto and public sector banks shine

Indian shares ended higher on Thursday, led by gains in auto and state-owned bank stocks, as investors cheered Britain and ......

BASF plans $4 bn Indian chemicals complex with Adani, other partners

Manufacturing

17 October, 2019

BASF plans $4 bn Indian chemicals complex with Adani, other partners

German chemicals maker BASF (BASFn.DE) is teaming up with partners to study the feasibility of a petrochemical complex in India ......

India to miss fiscal deficit target as slowing growth crimps tax revenue

Finance

17 October, 2019

India to miss fiscal deficit target as slowing growth crimps tax revenue

India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......