Reuters
People
SoftBank turns against WeWork CEO Adam Neumann
Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......
Infrastructure
Govt aims to sell Air India, other firms by March 2020: Official
India aims to sell two or three state-owned firms to local or foreign firms to raise up to 600 billion ......
Markets
Sensex, Nifty extend rally; IT stocks cap gains
Indian shares jumped nearly 3% on Monday, extending sharp gains from the previous session as a surprise move by the ......
Finance
PE-backed Altico Capital evaluating options after default
India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on ......
Economy
Govt says no plans to revise fiscal deficit target or cut spending now
India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......
Economy
Rating firm S&P Global says India's corporate tax cuts are 'credit negative'
Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development” despite ......
Consumer
Rural demand may revive as rainfall above average for first time in six years
India is likely to receive above-average monsoon rains in 2019 for the first time in six years as seasonal rainfall ......
Markets
Nifty, Sensex clock best day in 10 years after sharp cuts in corporate taxes
Indian shares notched their best day in more than a decade after the government announced deep cuts in corporate taxes ......
Finance
Advent raises $2 bn debut technology private equity fund
U.S. private equity firm Advent International said on Wednesday it has completed fundraising for its first technology fund after six ......
TMT
Airbnb plans stock market splash next year
Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile ......
