Reuters
Economy
Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap
The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......
Consumer
Budweiser maker AB InBev's Asia unit gains in Hong Kong trading debut
Shares in AB InBev’s Asia-Pacific unit, which last week raised about $5 billion after relaunching its initial public offering (IPO), ......
Finance
Dewan Housing proposes converting debt to equity under draft resolution plan
India’s crisis-hit shadow bank Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan proposing to convert debt to ......
Finance
RBI imposes curbs on Lakshmi Vilas Bank amid police probe
India’s central bank issued a regulatory action on Lakshmi Vilas Bank, the lender said in a statement on Saturday, at ......
Markets
US SEC finalises rule allowing IPO-bound companies to test the waters
The U.S. Securities and Exchange Commission on Thursday finalized a new rule that allows all companies to privately sound out ......
Markets
Sensex rises this week on govt move to cut corporate taxes
Indian shares closed lower on Friday, pressured by auto and metal stocks, as investors hoped for more stimulus to revive ......
Finance
India looks to ease foreign investment limits in govt bonds
India is looking to ease foreign investment limits in government bonds, as it seeks to get its securities included in ......
Finance
Police probes Lakshmi Vilas Bank directors for alleged fraud
Indian police have opened a probe into the directors of Lakshmi Vilas Bank after a customer accused them of misappropriating ......
Infrastructure
SoftBank-backed WeWork halts new lease pacts with property owners amid widening losses
WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the ......
Economy
GDP growth to improve in second half of FY20: Finance minister Sitharaman
India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance ......
