Reuters
Markets
Sensex, Nifty clock weekly gains on global cues, improving earnings
Indian shares closed slightly higher on Friday, helped by growing expectation of better December-quarter corporate earnings on the back of ......
Finance
Carlyle's third-quarter earnings drop 25% as asset sales slow
U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower ......
Finance
Lazard axes 200 jobs as profit falls amid dealmaking slowdown
Lazard Ltd said on Thursday it had axed about 200 employees after a review of its business, as the investment ......
Economy
Slowdown worsens as factory growth sinks, jobless rate jumps in October
India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, ......
Infrastructure
Goldman-backed ReNew says Andhra Pradesh woes could hurt India's renewables goal
Investors could be put off India by Andhra Pradesh state's difficult relationship with renewable energy companies, Sumant Sinha, chair of ......
Manufacturing
Fiat Chrysler, Peugeot plan to create world's No.4 carmaker
Fiat Chrysler and Peugeot owner PSA plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, ......
Finance
RBI asks banks to probe alleged data leak of 1.3 mn cards
The Reserve Bank of India (RBI) has asked banks to ensure customers’ debit and credit card data is secure and ......
Economy
US Fed cuts interest rates, signals it is on hold
The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite ......
TMT
Alibaba to resume plan for $15-bn Hong Kong IPO in November
Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 ......
TMT
Cognizant to axe 7,000 jobs, shut content moderation business
Cognizant Technology Solutions Corp, one of Facebook Inc's content review contractors, said on Wednesday it would shut some content moderation ......
