Reuters
People
Infosys appoints Airtel exec as CFO
Indian software services exporter Infosys Ltd named Nilanjan Roy as its chief financial officer, the company said on Thursday. Nilanjan Roy, ......
Finance
State-run banks recover bad loans worth over $8 bn in April-September quarter
Indian state-run banks recovered 607.3 billion rupees ($8.69 billion) of outstanding bad loans in the April-September period, which a finance ......
Markets
Sensex's winning streak comes to an end as financials drag
Indian shares pared early losses to end lower on Thursday, as investors locked in profit following seven sessions of gains. The ......
Finance
Bain Capital raises $4.65 bn for new Asia fund
Global private equity firm Bain Capital LLC has closed its new Asia-focused fund at $4.65 billion, a person with direct ......
Economy
US Fed raises interest rates, hints at more hikes
After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, ......
Markets
Sensex records 7th straight session of gains as financial stocks lead charge
Indian shares ended higher on Wednesday, underpinned by financials, after the central bank announced liquidity injection via open market bond ......
Markets
Sensex bounces back to close higher after crude prices provide boost
Indian shares reversed early losses to end higher on Tuesday, buoyed by gains in financials and oil marketing companies after ......
Infrastructure
IL&FS kicks off sale process for domestic road assets
India's Infrastructure Leasing and Financial Services Ltd (IL&FS) said on Monday it had begun the sale of its domestic road ......
Markets
Sensex sustains momentum to close nearly 1% higher
Indian shares ended higher on Monday, led by gains in financial companies, as strong momentum continued from last week following ......
Infrastructure
Hitachi to acquire ABB's power grids business in $11 bn deal
ABB will sell a majority stake in its Power Grids division to Japan’s Hitachi and return the proceeds to shareholders, ......
