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Nifty, Sensex end higher after two weeks of losses; pharma gains

Markets

30 August, 2019

Nifty, Sensex end higher after two weeks of losses; pharma gains

Indian shares ended higher on Friday, recording their first weekly gain in three, as investors cheered signs of progress in ......

Dewan Housing board approves conversion of debt to equity

Finance

30 August, 2019

Dewan Housing board approves conversion of debt to equity

India's crisis-hit shadow bank Dewan Housing Finance Corp (DHFL) said on Friday its board had approved a plan that included ......

India to woo foreign firms like Apple to capitalise on US-China trade war

Economy

30 August, 2019

India to woo foreign firms like Apple to capitalise on US-China trade war

India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift ......

SBI's credit card business aims to raise $1.1 bn via IPO

Finance

29 August, 2019

SBI's credit card business aims to raise $1.1 bn via IPO

SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......

Sensex, Nifty drop for second day; banks among top losers

Markets

29 August, 2019

Sensex, Nifty drop for second day; banks among top losers

Indian shares fell for a second day on Thursday, led by losses in financial stocks, as fears of a global ......

GDP growth likely slipped in April-June but room for stimulus limited

Economy

29 August, 2019

GDP growth likely slipped in April-June but room for stimulus limited

India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as ......

Bharti Airtel unit's merger deal with Telkom Kenya runs into regulatory wall

TMT

29 August, 2019

Bharti Airtel unit's merger deal with Telkom Kenya runs into regulatory wall

Kenya's anti-corruption commission said on Wednesday it had suspended a planned merger of Airtel Kenya with partly state-owned Telkom Kenya ......

Govt eases foreign investment rules for digital media, other sectors to boost growth

Economy

28 August, 2019

Govt eases foreign investment rules for digital media, other sectors to boost growth

India’s cabinet on Wednesday approved further liberalizing of foreign direct investment (FDI) rules in four sectors, in an effort to ......

Macquarie to raise $675 mn for renewable energy, tech investment

Finance

28 August, 2019

Macquarie to raise $675 mn for renewable energy, tech investment

Australian investment bank Macquarie Group Ltd has targeted A$1 billion ($675.4 million) in its biggest capital raising to ramp up ......

Govt may ask e-commerce companies to cut plastic packaging

TMT

28 August, 2019

Govt may ask e-commerce companies to cut plastic packaging

India is set to impose a nationwide ban on plastic bags, cups and straws on Oct. 2, officials said, in ......