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State Bank of India seeks bids for Videocon's overseas oil, gas assets

Infrastructure

05 August, 2019

State Bank of India seeks bids for Videocon's overseas oil, gas assets

The State Bank of India has invited bids for overseas oil and gas assets of Videocon Industries Ltd, a newspaper ......

Petronas denies plan to buy stake in Bina oil refinery

Manufacturing

05 August, 2019

Petronas denies plan to buy stake in Bina oil refinery

Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Monday that it was not interested in acquiring a stake ......

India services activity bounces back in July on overseas demand

General

05 August, 2019

India services activity bounces back in July on overseas demand

India’s services activity bounced back in July and expanded at the fastest pace in a year after contracting the previous ......

Jet Airways extends deadline for initial bids to August 10

Infrastructure

05 August, 2019

Jet Airways extends deadline for initial bids to August 10

India’s Jet Airways has extended the deadline for initial bids for the bankrupt airline to Aug. 10 from Aug. 3, ......

Govt unveils capital infusion plan for housing finance companies

Finance

02 August, 2019

Govt unveils capital infusion plan for housing finance companies

India is infusing an additional 100 billion rupees in housing finance companies to boost lending in the sector, a government ......

Govt may put 35% minimum shareholding rule for listed entities on hold

Markets

02 August, 2019

Govt may put 35% minimum shareholding rule for listed entities on hold

The Indian government is likely to put on hold a plan to raise the minimum public shareholding in listed companies, ......

Sensex records worst weekly fall in three weeks on poor earnings, hawkish Fed

Markets

02 August, 2019

Sensex records worst weekly fall in three weeks on poor earnings, hawkish Fed

Indian shares reversed course and ended higher on Friday, led by gains in information technology (IT) and automobile stocks, after ......

Why India's $86-bn bank rescue effort isn't enough to ease the distress

Finance

02 August, 2019

Why India's $86-bn bank rescue effort isn't enough to ease the distress

It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned ......

Mindtree names former Cognizant executive as CEO

People

02 August, 2019

Mindtree names former Cognizant executive as CEO

Indian IT services firm Mindtree Ltd on Friday named former Cognizant executive Debashis Chatterjee as its new managing director and ......

Maharashtra govt grants infrastructure status to $10-bn hyperloop plan

Infrastructure

02 August, 2019

Maharashtra govt grants infrastructure status to $10-bn hyperloop plan

Maharashtra has granted infrastructure project status for a $10-billion plan to build the world’s first ultra-fast hyperloop project, aiming to ......