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Reuters

Spooked by Modi's plastics ban, India Inc seeks clarity, exemptions

Consumer

18 September, 2019

Spooked by Modi's plastics ban, India Inc seeks clarity, exemptions

Companies in India will seek exemptions from the government’s planned ban on certain plastic items, fearing the move will disrupt ......

Dewan Housing Finance's resolution plan hits roadblock

Finance

18 September, 2019

Dewan Housing Finance's resolution plan hits roadblock

A plan to rescue India's debt-laden Dewan Housing Finance Corporation Ltd (DHFL) has hit a major roadblock as only a ......

GST panel unlikely to favour tax rate cut for auto sector

Economy

17 September, 2019

GST panel unlikely to favour tax rate cut for auto sector

India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components ......

Sensex, Nifty slump on worries over elevated crude prices

Markets

17 September, 2019

Sensex, Nifty slump on worries over elevated crude prices

Indian shares fell sharply in the closing hours of trade on Tuesday as investors feared a further rise in crude ......

Budweiser beer maker AB InBev's Asia unit targets $6.6 bn in second IPO attempt

Consumer

17 September, 2019

Budweiser beer maker AB InBev's Asia unit targets $6.6 bn in second IPO attempt

Anheuser-Busch InBev NV (ABI.BR) kicked off a second attempt to spin off its Asian business in Hong Kong with the ......

SoftBank-backed WeWork postpones IPO as investors turn cold

TMT

17 September, 2019

SoftBank-backed WeWork postpones IPO as investors turn cold

WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end ......

Fiscal deficit under threat if oil surge continues: RBI Governor

Finance

16 September, 2019

Fiscal deficit under threat if oil surge continues: RBI Governor

India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......

Sensex drops as oil prices soar after Saudi attack

Markets

16 September, 2019

Sensex drops as oil prices soar after Saudi attack

Indian shares closed lower on Monday, as soaring oil prices after an attack on Saudi Arabian oil facilities over the ......

August wholesale inflation remains unchanged at 1.08%

Economy

16 September, 2019

August wholesale inflation remains unchanged at 1.08%

India’s annual wholesale price inflation in August was 1.08%, government data showed on Monday, remaining unchanged from the previous month. Last ......

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

Markets

14 September, 2019

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and ......