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Reuters

India factory activity expansion at five-year high in December

Manufacturing

02 January, 2018

India factory activity expansion at five-year high in December

India’s factory activity expanded at the fastest pace in five years in December, a private sector survey showed on Tuesday, ......

India's infrastructure output grows 6.8% in November

Infrastructure

02 January, 2018

India's infrastructure output grows 6.8% in November

India's annual infrastructure output grew 6.8% in November from a year ago, government data showed on Monday.The growth in output ......

Fiscal deficit in April-November exceeds FY18 target

Finance

29 December, 2017

Fiscal deficit in April-November exceeds FY18 target

India reported a fiscal deficit of 6.12 trillion rupees ($95.77 billion) for April-November, or 112 percent of the budgeted target ......

Sensex, Nifty record biggest annual gain since 2014

Markets

29 December, 2017

Sensex, Nifty record biggest annual gain since 2014

The Sensex and the Nifty ended higher on Friday, posting their biggest yearly gain in three, as strong foreign fund ......

Asia-Pacific M&A dealmaking drops in 2017 on China clampdown

Others

29 December, 2017

Asia-Pacific M&A dealmaking drops in 2017 on China clampdown

Asia Pacific dealmaking activity slipped in 2017 as outbound transactions nearly halved, led by China as Beijing increased scrutiny of ......

Finance ministry likens cryptocurrencies to Ponzi scheme, warns investors

TMT

29 December, 2017

Finance ministry likens cryptocurrencies to Ponzi scheme, warns investors

India’s finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency ......

SoftBank set to acquire 15% in Uber as tender offer succeeds

TMT

29 December, 2017

SoftBank set to acquire 15% in Uber as tender offer succeeds

A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a ......

Dubai's TVM Capital floats healthcare PE fund to invest in India, other countries

Finance

28 December, 2017

Dubai's TVM Capital floats healthcare PE fund to invest in India, other countries

TVM Capital Healthcare Partners, a Dubai-based private equity business, has launched a $250 million fund to invest in areas ranging ......

Apple faces lawsuits after saying it slows down aging iPhones

TMT

28 December, 2017

Apple faces lawsuits after saying it slows down aging iPhones

Apple Inc defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits ......

SEBI orders Axis Bank to probe results leak on WhatsApp

Finance

28 December, 2017

SEBI orders Axis Bank to probe results leak on WhatsApp

India’s market regulator ordered Axis Bank on Wednesday to conduct an internal investigation into a suspected leak of financial information ......