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Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued ......

KKR's first-quarter profit rises 11% on stronger asset sales

Finance

07 May, 2020

KKR's first-quarter profit rises 11% on stronger asset sales

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on ......

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Markets

07 May, 2020

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Indian shares fell on Thursday led by consumer stocks, as coronavirus cases in the country continued to spike steadily despite ......

Coronavirus cases in India jump to almost 53,000, death toll nears 1,800

General

07 May, 2020

Coronavirus cases in India jump to almost 53,000, death toll nears 1,800

The number of coronavirus infections rose to 52,952 in India, up by 3,561 over the previous day, the health ministry ......

Zomato targets push into alcohol deliveries to cash in on lockdown

TMT

07 May, 2020

Zomato targets push into alcohol deliveries to cash in on lockdown

Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......

GSK sells $3.35 bn stake in Hindustan Unilever

Consumer

07 May, 2020

GSK sells $3.35 bn stake in Hindustan Unilever

GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the ......

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

TMT

06 May, 2020

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary ......

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Markets

06 May, 2020

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Indian shares rose on Wednesday on the back of a resurgence in banking stocks as markets awaited government stimulus measures ......

India third most expensive Asian market as stock valuations jump in April

Markets

06 May, 2020

India third most expensive Asian market as stock valuations jump in April

Asian equities valuations jumped to the highest since January at the end of April, following a sharp recovery in regional ......

India's services activity collapses as coronavirus cripples global demand

Economy

06 May, 2020

India's services activity collapses as coronavirus cripples global demand

India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike ......