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British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India

Finance

13 May, 2019

British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India

Financing group Greensill Capital on Monday confirmed SoftBank Group Corp's Vision Fund has invested $800 million in the British company, ......

India's car, two-wheeler sales slump in April on weak consumer sentiment

Manufacturing

13 May, 2019

India's car, two-wheeler sales slump in April on weak consumer sentiment

Passenger vehicle sales in India dropped 17% in April - their worst monthly fall in nearly eight years, data from ......

Tata Steel, Thyssenkrupp set to scrap European joint venture

Manufacturing

10 May, 2019

Tata Steel, Thyssenkrupp set to scrap European joint venture

Thyssenkrupp abandoned plans to hive off its steel business and split up the rest of the German conglomerate on Friday ......

Nifty, Sensex post worst weekly decline in over seven months

Markets

10 May, 2019

Nifty, Sensex post worst weekly decline in over seven months

Indian shares marked their eighth consecutive session of declines on Friday, the longest losing streak since mid-February, dented by Tata ......

Budweiser beer maker AB InBev's Asia unit files for IPO

Consumer

10 May, 2019

Budweiser beer maker AB InBev's Asia unit files for IPO

The Asia business of Anheuser-Busch InBev, the world's largest brewer, filed on Friday a draft prospectus for an initial public ......

TPG inks pact to take over management of Abraaj's healthcare fund

Finance

10 May, 2019

TPG inks pact to take over management of Abraaj's healthcare fund

U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a ......

Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh

TMT

10 May, 2019

Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a ......

Tata Motors denies report of Jaguar Land Rover sale

Manufacturing

09 May, 2019

Tata Motors denies report of Jaguar Land Rover sale

India's Tata Motors said on Thursday there was no truth to a report saying a sale of Jaguar Land Rover ......

Larsen & Toubro raises Mindtree stake to 26%

TMT

09 May, 2019

Larsen & Toubro raises Mindtree stake to 26%

Industrial conglomerate Larsen & Toubro Ltd bought an additional 2 percent stake in Mindtree Ltd, raising its total ownership to ......

Economists, investors create own benchmarks as doubts grow over India govt data

Economy

09 May, 2019

Economists, investors create own benchmarks as doubts grow over India govt data

Economists and investors are increasingly showing that they have little or no confidence in India’s official economic data – presenting ......