Reuters
Manufacturing
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 ......
Markets
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, ......
Finance
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 ......
Manufacturing
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 ......
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 ......