Reuters
Finance
Dewan Housing says may not be able to fulfill immediate debt payments
India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd (DHFL) on Thursday said it may not be able to fulfill ......
Markets
Sensex, Nifty jump on reports govt planning sops for investors
Indian shares rallied in late trading on Thursday and posted their biggest gain in 11 weeks, after reports that the ......
Finance
Govt may roll back tax hike for foreign portfolio investors
India is likely to exempt foreign portfolio investors (FPIs) from an increase in taxes in this year’s budget approved by ......
Manufacturing
SAIL chairman faces 'murderous assault' in New Delhi
The chairman of India’s largest state-owned steel producer was assaulted by some people armed with iron rods in the national ......
Finance
Why RBI moves are unlikely to ease pain for struggling NBFCs
The Reserve Bank of India, which also cut its benchmark policy rate by 35 basis points on Wednesday, said it ......
Consumer
Reliance Industries set to bring Tiffany jewellery stores to India
India’s Reliance Industries Ltd is partnering with iconic U.S.-based luxury jeweller Tiffany & Co to open a line of stores ......
Finance
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 ......
Markets
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, ......
Economy
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 ......
Manufacturing
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 ......
