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Reuters

Maruti Suzuki cuts 3,000 contract jobs

Economy

27 August, 2019

Maruti Suzuki cuts 3,000 contract jobs

Maruti Suzuki India Ltd Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary ......

Indian economy set for weakest quarter of growth in five years: Poll

Economy

27 August, 2019

Indian economy set for weakest quarter of growth in five years: Poll

The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by ......

Govt gets windfall gain from RBI; raises expectation for stimulus

Finance

27 August, 2019

Govt gets windfall gain from RBI; raises expectation for stimulus

The Indian government will receive a windfall from the central bank in the current financial year thanks to a much ......

Nifty, Sensex spike over 2% as investors cheer stimulus measures

Markets

26 August, 2019

Nifty, Sensex spike over 2% as investors cheer stimulus measures

Indian shares jumped over 2% on Monday to their highest close in more than two weeks, as a slew of ......

Rupee skids to 72 to a dollar, lowest since December

Finance

23 August, 2019

Rupee skids to 72 to a dollar, lowest since December

The rupee fell to its lowest in more than eight months on Friday morning tracking weakness in other regional currencies, ......

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

Consumer

23 August, 2019

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a ......

Market ends lower this week on global slowdown worries, India stimulus concerns

Markets

23 August, 2019

Market ends lower this week on global slowdown worries, India stimulus concerns

Indian shares rebounded to end higher on Friday, after three sessions of declines, as investors awaited an official announcement later ......

Finance minister seeks antitrust whip on global firms abusing dominance

Finance

23 August, 2019

Finance minister seeks antitrust whip on global firms abusing dominance

Finance Minister Nirmala Sitharaman on Friday asked the country’s anti-trust regulator to take action against global companies having no local ......

India Inc grows impatient as economy dips and Modi is distracted

Economy

23 August, 2019

India Inc grows impatient as economy dips and Modi is distracted

When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs ......

Xiaomi banks on phone data for finance play in India

Finance

23 August, 2019

Xiaomi banks on phone data for finance play in India

China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt ......