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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 ......

Flipkart, GOQii settle dispute over sharp discounting

TMT

14 June, 2019

Flipkart, GOQii settle dispute over sharp discounting

Walmart unit Flipkart has settled a legal dispute with an Indian startup that alleged it suffered losses because its products ......

WeWork may shell out $1.9 bn to take control of Embassy-backed Indian affiliate

Infrastructure

14 June, 2019

WeWork may shell out $1.9 bn to take control of Embassy-backed Indian affiliate

Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead ......

Amid Jet crisis, India's aviation minister confident of fixing airline capacity shortage

Finance

14 June, 2019

Amid Jet crisis, India's aviation minister confident of fixing airline capacity shortage

India's new civil aviation minister said on Friday he is confident that airline capacity shortage problems following the grounding of ......

Sensex closes in the red for second week running

Markets

14 June, 2019

Sensex closes in the red for second week running

Indian shares fell on Friday, ending lower for the second straight week, as investors were wary about the country's plans ......

Former Abraaj CFO Ashish Dave, two others face US fraud charges

Finance

14 June, 2019

Former Abraaj CFO Ashish Dave, two others face US fraud charges

U.S. prosecutors on Thursday unveiled criminal charges against three more former executives of collapsed Dubai private equity firm Abraaj Capital ......

SEBI tightens credit rating norms after defaults, downgrades

Finance

14 June, 2019

SEBI tightens credit rating norms after defaults, downgrades

India’s market regulator on Thursday ordered enhanced disclosure norms for credit rating agencies in an effort to increase transparency as ......

Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case

Finance

13 June, 2019

Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case

India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating ......

Sensex little changed; Indiabulls Housing Finance bounces back

Markets

13 June, 2019

Sensex little changed; Indiabulls Housing Finance bounces back

Indian shares pared early declines to end steady on Thursday, aided by a rally in Indiabulls Housing Finance Ltd stock ......