Reuters
Finance
Police probes Lakshmi Vilas Bank directors for alleged fraud
Indian police have opened a probe into the directors of Lakshmi Vilas Bank after a customer accused them of misappropriating ......
Infrastructure
SoftBank-backed WeWork halts new lease pacts with property owners amid widening losses
WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the ......
Economy
GDP growth to improve in second half of FY20: Finance minister Sitharaman
India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance ......
Infrastructure
Saudi Aramco lures sovereign funds GIC, ADIA to hit $2 trillion IPO valuation
State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth funds to invest in ......
Markets
Sensex rises as Trump signals possible end to trade war
Indian shares rose on Thursday as US President Donald Trump signalled a possible deal that could end the 15-month long ......
Infrastructure
SoftBank may pump $1 bn more into troubled office-sharing startup WeWork
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......
Manufacturing
Ford close to JV deal with Mahindra & Mahindra in India
Ford Motor Co (F.N) and Mahindra & Mahindra (MAHM.NS) are likely to sign a deal next week to form a ......
Economy
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 ......
Markets
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 ......
Finance
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 ......
