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Reuters

Japan's Orix seeks to buy remaining stake in IL&FS wind energy assets

Infrastructure

19 May, 2019

Japan's Orix seeks to buy remaining stake in IL&FS wind energy assets

India’s debt-ridden Infrastructure Leasing and Financial Services (IL&FS) said on Sunday that Japan’s Orix Corp has expressed an interest in ......

Brookfield CEO counts on Oaktree's Howard Marks to carry on investing

Finance

17 May, 2019

Brookfield CEO counts on Oaktree's Howard Marks to carry on investing

Brookfield Asset Management's (BAM) chief executive wants Howard Marks, the veteran distressed debt guru and co-founder of Oaktree Capital, to ......

Nifty, Sensex mark best day in over three months, gain 1% this week

Markets

17 May, 2019

Nifty, Sensex mark best day in over three months, gain 1% this week

Indian shares rose the most in three-and-a-half months on Friday, driven by gains in financial and auto stocks on strong ......

Flipkart purchase drags Walmart's Q1 operating income down 4.1%

TMT

17 May, 2019

Flipkart purchase drags Walmart's Q1 operating income down 4.1%

Walmart Inc said on Thursday that prices for shoppers will rise due to higher tariffs on goods from China as ......

RBI asks non-bank lenders to appoint risk officers

Finance

17 May, 2019

RBI asks non-bank lenders to appoint risk officers

Indian shadow banks with more than 50 billion rupees ($714 million) in assets must appoint a chief risk officer, the ......

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Infrastructure

16 May, 2019

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Shares in InterGlobe Aviation, which operates India's largest airline IndiGo, tumbled 9 percent on Thursday following a report its co-founders ......

Sensex gains in volatile trade; Zee Entertainment jumps

Markets

16 May, 2019

Sensex gains in volatile trade; Zee Entertainment jumps

Indian shares closed higher in volatile trade on Thursday, with gains led by media and IT stocks, while Bajaj Finance ......

Capital outflow from India, other emerging markets jumps to seven-month high

Markets

16 May, 2019

Capital outflow from India, other emerging markets jumps to seven-month high

Emerging markets saw the heaviest capital flight since last October in recent weeks as trade tensions between China and the ......

Nestle in talks with EQT, ADIA to sell skin health unit for over $10 bn

Consumer

16 May, 2019

Nestle in talks with EQT, ADIA to sell skin health unit for over $10 bn

Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and ......

Yes Bank, Tata Motors push Sensex into the red

Markets

15 May, 2019

Yes Bank, Tata Motors push Sensex into the red

Indian shares shed early gains to end lower on Wednesday, dented by Yes Bank Ltd and Tata Motors Ltd, as ......