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EU regulators block Tata Steel, Thyssenkrupp joint venture

Manufacturing

11 June, 2019

EU regulators block Tata Steel, Thyssenkrupp joint venture

Thyssenkrupp and Tata Steel's plan to form a landmark joint venture was rejected by EU antitrust regulators on Tuesday, concerned ......

Sensex closes higher again; Indiabulls Housing slides 8% on embezzlement suit

Markets

11 June, 2019

Sensex closes higher again; Indiabulls Housing slides 8% on embezzlement suit

Indian shares closed higher on Tuesday as risk appetite remained firm after the United States shelved plans to impose tariffs ......

Reliance Group's Anil Ambani says will make timely debt service payments

Infrastructure

11 June, 2019

Reliance Group's Anil Ambani says will make timely debt service payments

Reliance Group chairman Anil Ambani said on Tuesday his diversified telecoms to financial services and infrastructure group was fully committed ......

Jet Airways shares slump to all-time lows as hopes of revival dim further

Finance

11 June, 2019

Jet Airways shares slump to all-time lows as hopes of revival dim further

Shares of India's Jet Airways Ltd crashed to record lows on Tuesday, after a report that Hinduja Group and Etihad ......

DHFL completes Aadhar Housing sale to Blackstone, pays some dues

Finance

11 June, 2019

DHFL completes Aadhar Housing sale to Blackstone, pays some dues

Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) said it has paid the interest and principal on certain debt ......

Sensex ends in the green as IT stocks lead gains

Markets

10 June, 2019

Sensex ends in the green as IT stocks lead gains

Indian shares ended higher on Monday boosted by IT stocks, after paring some of the early gains on optimism from ......

RBI to monitor NBFCs more closely, says governor Shaktikanta Das

Finance

10 June, 2019

RBI to monitor NBFCs more closely, says governor Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies ......

Global economic outlook turns sour as US-China trade war drags on

Economy

07 June, 2019

Global economic outlook turns sour as US-China trade war drags on

The synchronised global economic expansion, cheered on by investors who pushed Wall Street stocks to a record high last month, ......

Sensex, Nifty snap run of weekly gains

Markets

07 June, 2019

Sensex, Nifty snap run of weekly gains

Indian shares closed higher on Friday, a day after the central bank lowered interest rates by 25 basis points and ......

Sumitomo Mitsui looks for India investment targets in Asia growth push

Finance

07 June, 2019

Sumitomo Mitsui looks for India investment targets in Asia growth push

Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and ......