Reuters
TMT
SoftBank, Google's VC arm back American insurance-tech startup
Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan’s SoftBank Group Corp , the ......
Finance
Policy Tracker: India Inc's earnings fell in four of five years under Modi govt
Prime Minister Narendra Modi’s moves to cut red tape and streamline the tax system have won him plaudits, but data ......
Markets
Sensex closes nearly 1% lower as IMF growth outlook hurts sentiment
Indian shares closed lower on Wednesday, with financials contributing to more than half the losses, as investor risk appetite suffered ......
TMT
Uber to float $10-billion IPO, lowers valuation expectation
Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public ......
Infrastructure
Jet Airways downfall: How one of India's most well-known brands collapsed
In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them ......
Manufacturing
Ford may form JV with Mahindra to end independent India ops
Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a ......
Finance
French bank SocGen to slash 1,600 jobs in bid to boost profits
Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost ......
Manufacturing
Consumer sentiment shaky as car, bike sales growth slows to first gear
India’s passenger vehicle sales are expected to grow between 3-5% in the current fiscal year, after expanding at the slowest ......
Markets
Sensex finishes in the green after volatile trading session
Indian shares retreated from early losses to end higher in volatile trade on Tuesday, with financials leading the gains, as ......
Economy
Govt meets FY19 fiscal deficit target as spending cuts offset lower tax collection
India has met the fiscal deficit target of 3.4 percent of gross domestic product in 2018/19 fiscal year ended March ......