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Sensex closes marginally lower as Yes Bank tumbles

Markets

30 April, 2019

Sensex closes marginally lower as Yes Bank tumbles

Indian shares closed slightly lower on Tuesday, with Yes Bank Ltd posting its biggest ever drop as rising bad loans ......

SoftBank-backed coworking space provider WeWork joins IPO rush

TMT

30 April, 2019

SoftBank-backed coworking space provider WeWork joins IPO rush

WeWork owner The We Company said on Monday it had filed for an initial public offering (IPO) with U.S. regulators, ......

Yes Bank shares slump 30% on first-ever quarterly loss

Finance

30 April, 2019

Yes Bank shares slump 30% on first-ever quarterly loss

Shares of Yes Bank Ltd plunged 30 percent on Tuesday, after the Indian private sector lender posted its first ever ......

Standard Chartered signals turnaround with $1 bn share buyback plan

Finance

30 April, 2019

Standard Chartered signals turnaround with $1 bn share buyback plan

Standard Chartered unveiled plans for an up to $1 billion share buyback, its first such in at least 20 years, ......

Global economic growth to slow, monetary tightening cycle over: Poll

Economy

29 April, 2019

Global economic growth to slow, monetary tightening cycle over: Poll

Major central banks are done tightening policy, according to a majority of economists polled by Reuters, with the growth outlook ......

Australian sovereign wealth fund back to black as stock market rebounds

Finance

29 April, 2019

Australian sovereign wealth fund back to black as stock market rebounds

Australia's A$154 billion ($108 billion) sovereign wealth fund on Monday said it had paired back losses of the previous quarter ......

After Abraaj collapse, investors are increasing oversight in emerging markets

Finance

26 April, 2019

After Abraaj collapse, investors are increasing oversight in emerging markets

Investors in private equity funds that focus on emerging markets are tightening oversight after the collapse of a Middle East ......

Indians face post-election shock as oil retailers hold price hike while crude boils

General

26 April, 2019

Indians face post-election shock as oil retailers hold price hike while crude boils

Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under ......

Sensex ends in the green after volatile week

Markets

26 April, 2019

Sensex ends in the green after volatile week

Indian shares surged in late trade on Friday on the back of gains in private banks and metal stocks, with ......

Uber sets price range for IPO, targets $91.5 bn valuation

TMT

26 April, 2019

Uber sets price range for IPO, targets $91.5 bn valuation

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, ......