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Reuters

Sensex, Nifty slip as banks lose ground; Indiabulls dives 34%

Markets

30 September, 2019

Sensex, Nifty slip as banks lose ground; Indiabulls dives 34%

Indian stock indexes fell on Monday following a raft of negative news in the banking and real estate sectors, with ......

Asia third-quarter M&A drops 20%; global dealmaking sinks to three-year low

Finance

30 September, 2019

Asia third-quarter M&A drops 20%; global dealmaking sinks to three-year low

Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv data, the ......

Reliance Capital to exit lending business, shares hit two-decade low

Finance

30 September, 2019

Reliance Capital to exit lending business, shares hit two-decade low

Indian financial services company Reliance Capital Ltd will exit the lending business, group Chairman Anil Ambani said on Monday, sending ......

Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap

Economy

30 September, 2019

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 ......

Budweiser maker AB InBev's Asia unit gains in Hong Kong trading debut

Consumer

30 September, 2019

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), ......

Dewan Housing proposes converting debt to equity under draft resolution plan

Finance

30 September, 2019

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 ......

RBI imposes curbs on Lakshmi Vilas Bank amid police probe

Finance

30 September, 2019

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 ......

US SEC finalises rule allowing IPO-bound companies to test the waters

Markets

27 September, 2019

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 ......

Sensex rises this week on govt move to cut corporate taxes

Markets

27 September, 2019

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 ......

India looks to ease foreign investment limits in govt bonds

Finance

27 September, 2019

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 ......