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Reuters

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

Apollo Global assures investors about reinsurance business as shares slip

Finance

30 March, 2023

Apollo Global assures investors about reinsurance business as shares slip

Apollo Global Management Inc has been telling investors and analysts in the last few days that its reinsurance business ......

SoftBank-backed Unacademy to lay off 12% of staff

TMT

30 March, 2023

SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn ......

Sebi opens the gates for private equity investment in AMCs

Finance

29 March, 2023

Sebi opens the gates for private equity investment in AMCs

India's markets regulator on Wednesday decided to tweak rules governing its 39.46 trillion rupees ($480.52 billion) ......

Sensex, Nifty rise on March expiry but on track for monthly decline

Finance

29 March, 2023

Sensex, Nifty rise on March expiry but on track for monthly decline

Shares rose on Wednesday as easing worries about the global banking turmoil brought back risk-taking and led to a broad-......

Former Mastercard chief Banga frontrunner to head World Bank

Finance

29 March, 2023

Former Mastercard chief Banga frontrunner to head World Bank

US Treasury Secretary Janet Yellen on Wednesday said she expected the US nominee to head the World Bank, former ......

RBI to raise rates once more on April 6 but leave door open for more: Poll

Economy

29 March, 2023

RBI to raise rates once more on April 6 but leave door open for more: Poll

The Reserve Bank of India will raise its main interest rate by 25 basis points on April 6 and then ......

Jindal Stainless buys $157-mn stake in Indonesian firm to secure nickel supply

Manufacturing

28 March, 2023

Jindal Stainless buys $157-mn stake in Indonesian firm to secure nickel supply

India's Jindal Stainless Ltd on Tuesday said it would acquire a 49% stake in Indonesia-based New Yaking Pte. Ltd for......

Sensex, Nifty slip again after fresh sell-off in Adani stocks

Finance

28 March, 2023

Sensex, Nifty slip again after fresh sell-off in Adani stocks

Shares settled lower on Tuesday as caution over broader economic challenges and a sharp slide in Adani group stocks ......

Global hedge funds move stakes out of American lenders after SVB fall

Finance

27 March, 2023

Global hedge funds move stakes out of American lenders after SVB fall

Global hedge funds cut their exposure to U.S. banking stocks to a near 10-year record low and fled lending-sensitive ......

How debt fund taxation changes may weaken corporate bond demand

Finance

27 March, 2023

How debt fund taxation changes may weaken corporate bond demand

India's decision to take away long term tax benefits for debt mutual funds is likely to weaken demand for longer ......