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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.

Mutual fund stress tests show delays in exiting small caps

Markets

15 March, 2024

Mutual fund stress tests show delays in exiting small caps

Top Indian asset managers may need between two to 30 days to exit a quarter of their portfolio of small-cap ......

Govt approves new EV policy in boost to Tesla's market entry plans

Manufacturing

15 March, 2024

Govt approves new EV policy in boost to Tesla's market entry plans

India on Friday said it will lower import taxes on certain electric vehicles for companies committing to at least $500 ......

Hedge fund manager faces arrest in US over $533 mn taken from Byju's

Consumer

15 March, 2024

Hedge fund manager faces arrest in US over $533 mn taken from Byju's

 A U.S. bankruptcy judge on Thursday ordered the arrest of William Cameron Morton, a hedge fund manager who allegedly ......

Paytm Payments Bank to cut about 20% of staff as business halt looms

Finance

14 March, 2024

Paytm Payments Bank to cut about 20% of staff as business halt looms

Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty over ......

Reliance Industries to buy Paramount's stake in Viacom18

TMT

14 March, 2024

Reliance Industries to buy Paramount's stake in Viacom18

India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment ......

Manipal Hospitals backer Novo Holdings to expand in India, open Mumbai office

Healthcare

13 March, 2024

Manipal Hospitals backer Novo Holdings to expand in India, open Mumbai office

Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to open an office in India ......

BAT mulls sale of some stake in ITC

Consumer

12 March, 2024

BAT mulls sale of some stake in ITC

British American Tobacco is evaluating a possible disposal of a "small part" of its shareholding in India's ITC ......

IndiGo co-founder Gangwal sells stake worth $820 mn

Infrastructure

11 March, 2024

IndiGo co-founder Gangwal sells stake worth $820 mn

Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe ......

Advent International-backed Aditya Birla Capital to merge with financial unit

Finance

11 March, 2024

Advent International-backed Aditya Birla Capital to merge with financial unit

India's Aditya Birla Capital Ltd (ABCL) said on Monday it will merge with its unit Aditya Birla Finance and turn ......

SEBI flags froth in small and mid-cap stocks

Markets

11 March, 2024

SEBI flags froth in small and mid-cap stocks

India's markets regulator Securities and Exchange Board of India (SEBI) said on Monday that there may be pockets of ......