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Reuters

Sensex falls for fourth straight session

Markets

12 February, 2019

Sensex falls for fourth straight session

Indian shares fell on Tuesday, with losses spread across IT and financial stocks, as caution prevailed ahead of a key ......

Lohia Group acquires Israeli defence components firm Light & Strong

Manufacturing

12 February, 2019

Lohia Group acquires Israeli defence components firm Light & Strong

Indian conglomerate Lohia Group said on Tuesday it acquired Israel’s Light & Strong Ltd, a maker of carbon fibre and ......

Temasek, Sequoia & others invest $226 mn in fashion startup Zilingo

TMT

12 February, 2019

Temasek, Sequoia & others invest $226 mn in fashion startup Zilingo

Southeast Asian fashion startup Zilingo said it has raised $226 million in its latest funding round from existing backers such ......

Govt plans Axis Bank stake sale to raise up to $748 mn

Finance

11 February, 2019

Govt plans Axis Bank stake sale to raise up to $748 mn

The government plans to sell a stake of up to 3 percent in Axis Bank Ltd in an offer that ......

RIL drags Sensex lower; M&M slips on weak earnings

Markets

11 February, 2019

RIL drags Sensex lower; M&M slips on weak earnings

Indian shares fell on Monday, dragged by declines in energy stocks including index-heavyweight Reliance Industries Ltd, as investors fretted over ......

Airtel unit to merge with Telkom Kenya

TMT

08 February, 2019

Airtel unit to merge with Telkom Kenya

India's Bharti Airtel on Friday said its unit, Airtel Networks Kenya Ltd, has agreed to merge with Telkom Kenya Ltd, ......

Sensex records weekly gain despite poor final session

Markets

08 February, 2019

Sensex records weekly gain despite poor final session

Indian shares ended over 1 percent lower on Friday, hammered by auto stocks such as Tata Motors Ltd after the ......

RBI to cut rates again before general elections: Poll

Economy

08 February, 2019

RBI to cut rates again before general elections: Poll

The Reserve Bank of India (RBI) is expected to cut interest rates again next quarter, according to a Reuters poll ......

Sensex pares early gains to end flat after RBI's surprise rate cut

Markets

07 February, 2019

Sensex pares early gains to end flat after RBI's surprise rate cut

Indian shares ended little changed on Thursday as they came off early highs, while bond yields lowered after the central ......

RBI cuts repo rate in first policy review under new governor

Economy

07 February, 2019

RBI cuts repo rate in first policy review under new governor

India's central bank on Thursday unexpectedly lowered interest rates and, as anticipated, shifted its stance to "neutral" from "calibrated tightening" ......