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Reuters

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

TMT

13 August, 2019

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

India's Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that deepens the ......

Economic outlook worsens as trade dispute ramps up: Goldman Sachs, Ifo

Economy

12 August, 2019

Economic outlook worsens as trade dispute ramps up: Goldman Sachs, Ifo

Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing ......

SoftBank, VC firms fuel Latin American startups' expansion beyond borders

Finance

09 August, 2019

SoftBank, VC firms fuel Latin American startups' expansion beyond borders

Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models ......

India's June industrial output grows 2%, beats forecast

Manufacturing

09 August, 2019

India's June industrial output grows 2%, beats forecast

India’s industrial output grew 2% in June from a year earlier, government data showed on Friday. Analysts polled by Reuters had ......

Nifty, Sensex post first weekly gain since mid-July as govt reviews FPI surcharge

Markets

09 August, 2019

Nifty, Sensex post first weekly gain since mid-July as govt reviews FPI surcharge

Indian shares ended higher on Friday led by automobiles and financial stocks, and recorded their first weekly gain since mid-July, ......

NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea

Finance

09 August, 2019

NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea

An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services (IL&FS), challenging ......

Tata Motors, Mahindra plan production cuts as auto industry crisis deepens

Manufacturing

09 August, 2019

Tata Motors, Mahindra plan production cuts as auto industry crisis deepens

Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some ......

Dewan Housing says may not be able to fulfill immediate debt payments

Finance

08 August, 2019

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 ......

Sensex, Nifty jump on reports govt planning sops for investors

Markets

08 August, 2019

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 ......

Govt may roll back tax hike for foreign portfolio investors

Finance

08 August, 2019

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 ......