Reuters
Infrastructure
Govt eases rules for entry into fuel retail sector
India on Wednesday relaxed its rules for setting up fuel stations in the country after a gap of 17 years, ......
Markets
Sensex, Nifty tick higher; Infosys reverses loss
Indian shares closed a tick higher on Wednesday, led by gains in auto and IT stocks, as investors paused to ......
Finance
Risk of contagion in India's financial sector rising, warn rating agencies
There is rising risk of contagion in India’s banking sector with many finance companies having lost more than half of ......
TMT
Uber CEO expects India, other developing markets to drive growth
Uber pinned its growth over the next decade on developing markets like India on Tuesday, despite the problems it has ......
Finance
Indian private-sector lenders signal stress in loan book
Two top Indian private-sector lenders on Tuesday signalled stress in their loan books as the banks grapple with the worst ......
Infrastructure
WeWork board accepts SoftBank rescue deal
WeWork’s board has accepted a takeover plan proposed by SoftBank Group, handing control of the office-sharing startup to the Japanese ......
TMT
India govt, Facebook spar over decryption laws at Supreme Court
India's government asked Facebook Inc on Tuesday to help it decrypt private messages on its network, citing national security requirements ......
Markets
Sensex, Nifty end lower as Infosys crashes
Indian shares closed down on Tuesday, dragged by a sharp fall in Infosys stock, while weak earnings from a raft ......
Finance
Some 300,000 employees of state-led banks strike against mergers
Nearly 300,000 employees of Indian state-run banks went on strike on Tuesday against government plans to consolidate the sector through ......
Finance
UBS axing investment banking jobs as earnings continue to slide
Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% ......
