Reuters
Consumer
Future Enterprises CFO arrested over unpaid customs duties
Indian federal authorities arrested a top executive at the retail conglomerate Future Group, one of the largest retailers in the ......
Finance
Allahabad Bank reports $259 mn alleged fraud by Bhushan Power & Steel
India's Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker ......
Finance
Dewan Housing Finance says facing substantial stress, may not survive
One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation ......
TMT
Airtel Africa falls for second day after Nigeria listing
Airtel Africa shares dropped 10% on Thursday, losing ground for a second day after their listing on the Nigerian stock ......
Markets
Sensex, Nifty close higher as Fed chief rekindles rate-cut hopes
Indian shares ended higher on Thursday, driven by broad-based gains and tracking strength across global equities, after dovish comments by ......
Markets
India valuations expensive, favour China as Fed rate cut looms: HSBC
Analysts at HSBC have moved to endorse Chinese stocks and cooled on Indian shares, in a "less defensive" positioning ahead ......
Infrastructure
How India may show the way in using AI to solve renewable energy's problems
One of humankind's most enduring weaknesses is to assume that the way things are presently will somehow persist into the ......
Manufacturing
Weak consumer demand drag passenger vehicle sales down in June
India's passenger vehicles sales slumped 17.54% in June, an auto industry body said on Wednesday, resulting in an 18.4% fall ......
TMT
Airtel Africa drops 10% after $4.4 bn Nigeria listing
Airtel Africa shares fell sharply on Wednesday, a day after its debut $4.4 billion flotation in Lagos, mirroring a similar ......
Markets
Sensex ends lower as Bajaj Finance, Indiabulls Housing drag
Indian shares closed lower on Wednesday amid a slew of disappointing news, with Bajaj Finance Ltd and Indiabulls Housing Finance ......