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Reuters

Renewable energy push: Govt seeks bids for $5 bn in transmission lines

Finance

26 March, 2019

Renewable energy push: Govt seeks bids for $5 bn in transmission lines

India will launch $5 billion of transmission-line tenders in phases, beginning in June, to route a targeted 175 gigawatts (GW) ......

Sensex rebounds to close over 1% higher

Markets

26 March, 2019

Sensex rebounds to close over 1% higher

Indian shares erased losses from the last two sessions to settle more than 1 percent higher on Tuesday, as U.S. ......

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

TMT

26 March, 2019

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a ......

Reliance Retail buys menswear brand John Players from ITC

Consumer

26 March, 2019

Reliance Retail buys menswear brand John Players from ITC

Reliance Industries Ltd said on Tuesday its unit Reliance Retail Ltd (RRL) has acquired consumer goods company ITC Ltd's menswear ......

Sensex closes nearly 1% lower as financial stocks bear the brunt

Markets

25 March, 2019

Sensex closes nearly 1% lower as financial stocks bear the brunt

Indian shares settled lower on Monday, taking cues from a broader selloff seen across the globe on fears of a ......

Swiggy, MakeMyTrip investor Naspers to float e-commerce ventures in Euronext listing

TMT

25 March, 2019

Swiggy, MakeMyTrip investor Naspers to float e-commerce ventures in Euronext listing

Naspers will float its e-commerce ventures on the Euronext stock exchange in Amsterdam, it said on Monday, the latest move ......

Sensex gains for fifth week running

Markets

22 March, 2019

Sensex gains for fifth week running

Indian shares settled lower on Friday as investors booked profits, while losses in energy stocks also weighed. However, both indexes ......

GIC, Temasek lead sovereign funds' record venture capital bets in 2018

Finance

22 March, 2019

GIC, Temasek lead sovereign funds' record venture capital bets in 2018

Sovereign wealth funds invested a record amount in venture capital last year, a report said on Thursday, as they seek ......

KKR raising $1.5 bn for first Asia real estate fund

Finance

22 March, 2019

KKR raising $1.5 bn for first Asia real estate fund

Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it ......

Sensex little changed but marks best close in six months

Markets

20 March, 2019

Sensex little changed but marks best close in six months

Indian shares closed largely unchanged on Wednesday, with losses in energy and consumer stocks offsetting gains in financials and IT. The ......