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Reuters

WhatsApp to roll out payments feature in India this year

TMT

26 July, 2019

WhatsApp to roll out payments feature in India this year

WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart ......

Airtel Africa profit more than doubles in first report since IPO

TMT

26 July, 2019

Airtel Africa profit more than doubles in first report since IPO

Airtel Africa Plc reported a quarterly pretax profit on Friday that more than doubled, as the telecoms company signed up ......

Vedanta's billionaire Anil Agarwal sells Anglo American stake

Manufacturing

26 July, 2019

Vedanta's billionaire Anil Agarwal sells Anglo American stake

Indian billionaire Anil Agarwal, the biggest shareholder in mining company Anglo American, said on Thursday he was divesting the nearly ......

Reliance's talks with Aramco on refinery stake sale continue, says Saudi minister

Manufacturing

25 July, 2019

Reliance's talks with Aramco on refinery stake sale continue, says Saudi minister

Saudi Arabia’s Energy Minister Khalid al-Falih said state-run Saudi Aramco’s talks with Reliance Industries to buy a minority stake in ......

Nifty, Sensex erase gains to close lower for sixth day

Markets

25 July, 2019

Nifty, Sensex erase gains to close lower for sixth day

Indian shares failed to hold early gains and ended lower for a sixth straight session on Thursday, pressured by losses ......

Indian auto parts makers warn of 1 mn job cuts if slowdown continues

Manufacturing

25 July, 2019

Indian auto parts makers warn of 1 mn job cuts if slowdown continues

India’s auto parts industry could be forced to slash a fifth of its 5 million or so workforce if the ......

India to help power global solar installations to record high

Infrastructure

25 July, 2019

India to help power global solar installations to record high

New solar photovoltaic (PV) installations are set to reach a record high this year, driven by improving markets in Europe ......

India to raise big chunk of sovereign overseas debt via 30-year bonds

Finance

25 July, 2019

India to raise big chunk of sovereign overseas debt via 30-year bonds

The Indian government plans to issue a significant portion of its proposed sovereign overseas borrowing via 30-year paper, a senior ......

SoftBank to commit $40 bn to second Vision Fund

Finance

25 July, 2019

SoftBank to commit $40 bn to second Vision Fund

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported ......

RBI to cut rates again in August as doves prevail: Poll

Finance

25 July, 2019

RBI to cut rates again in August as doves prevail: Poll

The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, ......