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Reuters

Blackstone chief Stephen Schwarzman donates $188 mn to Oxford University

Finance

19 June, 2019

Blackstone chief Stephen Schwarzman donates $188 mn to Oxford University

The head of private equity firm Blackstone has pledged 150 million pounds ($188.37 million) to Oxford University, the biggest single ......

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Finance

19 June, 2019

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and ......

Sensex closes higher as IT stocks gain; Jet Airways tanks 40%

Markets

18 June, 2019

Sensex closes higher as IT stocks gain; Jet Airways tanks 40%

Indian shares ended higher on Tuesday, led by gains in IT and oil marketing companies, ahead of the U.S. Federal ......

RBI to review data storage rules that irked Visa, Mastercard

TMT

18 June, 2019

RBI to review data storage rules that irked Visa, Mastercard

India will examine concerns raised by foreign technology companies around stringent rules to store data locally, the government said on ......

Jet Airways' lenders to take grounded carrier to bankruptcy court

Infrastructure

17 June, 2019

Jet Airways' lenders to take grounded carrier to bankruptcy court

Jet Airways' creditors said on Monday they plan to begin insolvency proceedings against the Indian airline in a last-ditch bid to ......

Sembcorp defers IPO of India energy unit

Infrastructure

17 June, 2019

Sembcorp defers IPO of India energy unit

Singaporean industrial conglomerate Sembcorp Industries Ltd said it has withdrawn a draft prospectus for listing its Indian energy arm, as ......

Sensex slides more than 1% as oil, metal stocks drag

Markets

17 June, 2019

Sensex slides more than 1% as oil, metal stocks drag

Indian shares ended more than 1% lower on Monday, dragged by metal and energy stocks, while the country's move to ......

Airtel Africa sets IPO price range, targets up to $4.6 bn valuation

TMT

17 June, 2019

Airtel Africa sets IPO price range, targets up to $4.6 bn valuation

Airtel Africa Ltd, a unit of India's Bharti Airtel Ltd, on Monday set a price range of 80 to 100 ......

Goldman Sachs combining PE, three other private-investing units: WSJ

Finance

17 June, 2019

Goldman Sachs combining PE, three other private-investing units: WSJ

Wall Street bank Goldman Sachs Group Inc is combining its private-investing arms, with the resulting new division to have about ......

India's trade deficit widens to $15.36 bn in May

Economy

14 June, 2019

India's trade deficit widens to $15.36 bn in May

India's trade deficit widened to $15.36 billion in May from a year ago, the trade ministry said in a statement ......