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Reuters

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

Finance

07 August, 2019

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

SoftBank Group Corp’s (9984.T) second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi ......

Sensex drops 0.77% as RBI rate cut sparks growth concerns

Markets

07 August, 2019

Sensex drops 0.77% as RBI rate cut sparks growth concerns

Indian shares ended lower on Wednesday, after the country’s central bank announced an unconventional 35 basis-point cut in interest rates, ......

RBI makes deeper-than-expected cut in interest rates to speed up growth

Economy

07 August, 2019

RBI makes deeper-than-expected cut in interest rates to speed up growth

The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of ......

Tens of thousands losing jobs as India's auto crisis worsens

Manufacturing

07 August, 2019

Tens of thousands losing jobs as India's auto crisis worsens

Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to ......

Reliance Industries, BP form joint venture for fuel retailing

Infrastructure

06 August, 2019

Reliance Industries, BP form joint venture for fuel retailing

British energy group BP is deepening its ties with Indian industrial company Reliance with a new joint venture for retail ......

India Inc earnings disappoint, slowing economy may turn festive season gloomy

Consumer

06 August, 2019

India Inc earnings disappoint, slowing economy may turn festive season gloomy

India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for ......

Sensex ends higher ahead of RBI policy outcome

Markets

06 August, 2019

Sensex ends higher ahead of RBI policy outcome

Indian shares closed higher on Tuesday ahead of the central bank’s monetary policy decision, with banking and financial stocks leading ......

Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor

Finance

06 August, 2019

Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor

India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take ......

Flipkart to offer video streaming in Walmart's fresh challenge to Amazon in India

TMT

05 August, 2019

Flipkart to offer video streaming in Walmart's fresh challenge to Amazon in India

Walmart Inc’s Indian unit Flipkart is set to roll out a free video service for all of its 160 million ......

Sensex, Nifty drop to five-month lows on global cues, govt's Kashmir move

Markets

05 August, 2019

Sensex, Nifty drop to five-month lows on global cues, govt's Kashmir move

Indian shares on Monday ended at a fresh five-month low, amid a global sell-off after US President Donald Trump’s decision ......