Reuters

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

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

TMT

21 August, 2024

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

Indian food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of ......

Consumer

21 August, 2024

Warburg Pincus to trim stake in Kalyan Jewellers for $155 mn

A Warburg Pincus affiliate will sell 2.36% of its stake in Kalyan Jewellers for 13 billion rupees ($155 million) to ......

Infrastructure

21 August, 2024

KKR to sell 17% stake in India Grid Trust

U.S. private equity firm KKR's affiliate, Esoteric, will sell a 17.3% stake in India Grid Trust (IndiGrid) for $213.......

Economy

21 August, 2024

Rupee logs worst single-day fall in almost two months

The Indian rupee dropped on Wednesday to log its worst single-day performance in nearly two months as dollar demand from......

Economy

21 August, 2024

Sensex, Nifty end mildly higher as falling financial stocks cap gains

Indian shares ended Wednesday with small gains led by consumer stocks, while a drop in financials weighed on benchmark ......

Consumer

21 August, 2024

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the ......

TMT

20 August, 2024

China's Antfin sells nearly half its stake in Zomato for $570 mn

Alibaba Group's Antfin Singapore sold shares worth 47.72 billion rupees ($570 million) in India's Zomato on ......

Finance

20 August, 2024

Sensex, Nifty end higher, led by IT and financial stocks

Indian shares closed higher on Tuesday, led by financials and information technology stocks, as rising expectations of ......

TMT

20 August, 2024

Reliance, Disney India merger will hurt competition, says CCI

India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt ......

Infrastructure

16 August, 2024

JSW Cement, Warburg-backed Ecom Express file for IPOs

India's JSW Cement filed draft papers for an initial public offering worth up to 40 billion rupees ($476.7 million) ......