Reuters
Finance
RBI eases external commercial borrowing norms for companies, NBFCs
The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......
People
Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman
Indian authorities confirmed on Wednesday they have recovered the body of coffee baron V.G. Siddhartha, who was missing since Monday ......
Markets
Sensex, Nifty reverse course to close lower; RIL, banks drag
Indian shares reversed course to end lower on Tuesday, dragged by heavyweight Reliance Industries Ltd (RIL) and banking stocks, as ......
Finance
SoftBank to pump second Vision Fund with proceeds from the first
SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed ......
Finance
Dubai regulator imposes $315 mn fine on two Abraaj firms
The Dubai Financial Services Authority (DFSA) said on Tuesday it had fined two entities of private equity firm Abraaj $315 ......
Markets
SEBI proposes tighter disclosure rules for proxy advisors
India’s market regulator on Monday proposed tighter disclosure rules for shareholder advisory firms known as proxy advisors to avoid conflicts ......
Finance
Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan
A former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced ......
TMT
Amazon plans India food delivery service in tie-up with Narayana Murthy's Catamaran
Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware ......
Manufacturing
Petronas, Japan's JXTG may buy stake in BPCL's Bina oil refinery
Malaysia’s Petroliam Nasional Bhd (Petronas) and a consortium led by Japan’s JXTG Holdings Inc are among the companies interested in ......
Markets
Sensex ends lower as Tata Motors, Maruti Suzuki skid
Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak ......
