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Reuters

Govt unveils steps to boost exports, housing sector as economy loses steam

Finance

14 September, 2019

Govt unveils steps to boost exports, housing sector as economy loses steam

India will relax rules for lending to priority sectors, Finance Minister Nirmala Sitharaman said on Saturday, forecasting the move could ......

India's trade deficit narrows to $13.45 bn in August

Economy

13 September, 2019

India's trade deficit narrows to $13.45 bn in August

India’s trade deficit in August narrowed to $13.45 billion from $17.92 billion a year ago, the trade ministry said in ......

Delhi Police probing Budweiser maker AB InBev in tax evasion case

Consumer

13 September, 2019

Delhi Police probing Budweiser maker AB InBev in tax evasion case

Police in India’s capital New Delhi are probing a case of alleged tax evasion involving Anheuser-Busch InBev, according to a ......

London Stock Exchange rejects Hong Kong's $39 bn takeover offer

Markets

13 September, 2019

London Stock Exchange rejects Hong Kong's $39 bn takeover offer

London Stock Exchange has rejected Hong Kong Exchange’s $39 billion takeover offer, opting to stick with its planned purchase of ......

Sensex, Nifty close higher to extend weekly gains

Markets

13 September, 2019

Sensex, Nifty close higher to extend weekly gains

The Sensex and the Nifty closed higher on Friday, led by a rally in banks and auto stocks, and notched ......

Warburg Pincus-backed logistics real estate developer ESR refiles for Hong Kong IPO

Infrastructure

13 September, 2019

Warburg Pincus-backed logistics real estate developer ESR refiles for Hong Kong IPO

ESR Cayman Ltd, a logistics real estate developer backed by private equity firm Warburg Pincus, is readying a relaunch of ......

Retail inflation climbs to 10-month high in August but another rate cut likely

Economy

12 September, 2019

Retail inflation climbs to 10-month high in August but another rate cut likely

India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term target, ......

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Finance

12 September, 2019

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million ......

Nifty, Sensex end lower as bank, auto stocks slip

Markets

12 September, 2019

Nifty, Sensex end lower as bank, auto stocks slip

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE ......

AB InBev revives Budweiser IPO plan two months after pulling out

Consumer

12 September, 2019

AB InBev revives Budweiser IPO plan two months after pulling out

Anheuser-Busch InBev said on Thursday it is continuing to explore an initial public offering in Hong Kong of its Asia ......