Reuters

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

UltraTech to acquire Kesoram's cement business in $645-mn deal

Manufacturing

30 November, 2023

UltraTech to acquire Kesoram's cement business in $645-mn deal

India's UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries in an all-stock deal......

Manufacturing

30 November, 2023

Whirlpool to sell 24% stake in India business to reduce debt

Whirlpool Corp said on Thursday it will sell up to 24% of its ownership interest in Whirlpool of India Ltd ......

TMT

29 November, 2023

Prosus slashes Byju's valuation to under $3 billion

Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less ......

Finance

29 November, 2023

State-run IREDA soars 74% in stock market debut to $1.8 bn valuation

Shares of Indian Renewable Energy Development Agency (IREDA) surged as much as 74% in their trading debut on Wednesday, ......

Finance

29 November, 2023

Berkshire Hathaway vice chairman Charlie Munger dies at 99

Warren Buffett's trusted confidante Charlie Munger died on Tuesday at age 99, leaving a void at Berkshire Hathaway ......

Finance

28 November, 2023

HSBC hires UBS' Gautam Anand for South Asia private banking role

HSBC Holdings has hired UBS Group banker Gautam Anand as the global coordinator for affluent Indian clients across the ......

Finance

28 November, 2023

SEBI plans to ease capital, disclosure rules for passive funds

India's markets regulator plans to lower capital and disclosure requirements for fund houses that run passive ......

Manufacturing

28 November, 2023

How Ola Electric's service network is feeling the strains of success

Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his ......

Markets

24 November, 2023

SEBI proposes to ease select insider trading provisions

The Indian markets regulator on Friday proposed to ease certain provisions of the insider trading law, which will make ......

Finance

24 November, 2023

Indian rupee's low volatility spurs more options hedging

The Indian rupee's relative stability is changing hedging behaviour among businesses in the country, spurring them ......