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KKR, Carlyle and IHH Healthcare among suitors for Columbia Asia's hospital biz

Healthcare

19 March, 2019

KKR, Carlyle and IHH Healthcare among suitors for Columbia Asia's hospital biz

Columbia Pacific Management's Asian hospital business has drawn interest from global private equity players, including KKR, CVC and Carlyle, in ......

Government asks banks to save Jet Airways, avoid bankruptcy

Infrastructure

19 March, 2019

Government asks banks to save Jet Airways, avoid bankruptcy

India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister ......

Goldman Sachs upgrades India market outlook amid pre-election rally

Markets

19 March, 2019

Goldman Sachs upgrades India market outlook amid pre-election rally

Goldman Sachs (GS) upgraded its view on India to “overweight” as the country catches up with pre-election rally amid expectations ......

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Finance

18 March, 2019

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Anil Ambani-led Reliance Communications Ltd on Monday announced that it has terminated definitive agreements for the sale of specified assets ......

Energy stocks fuel Sensex's sixth straight session gain

Markets

18 March, 2019

Energy stocks fuel Sensex's sixth straight session gain

Indian shares closed higher for a sixth straight session, led by energy and financial stocks, as expectations that the incumbent ......

US fintech firm FIS to buy Worldpay for $35 bn in payments sector's biggest deal

TMT

18 March, 2019

US fintech firm FIS to buy Worldpay for $35 bn in payments sector's biggest deal

US fintech group Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion, ......

Rupee at seven-month high, further gains on the cards

Economy

18 March, 2019

Rupee at seven-month high, further gains on the cards

The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while ......

India's trade deficit narrows in February on lower oil, gold imports

Economy

15 March, 2019

India's trade deficit narrows in February on lower oil, gold imports

India's trade deficit narrowed to $9.60 billion in February, dragged down by a fall in gold and oil imports, the ......

Sensex closes above 38,000 to cap off week of gains

Markets

15 March, 2019

Sensex closes above 38,000 to cap off week of gains

Indian shares edged higher for a fifth consecutive session on Friday, marking their best week in over three months, as ......

Global M&As to slow down on economic uncertainty, says top Citigroup dealmaker

General

15 March, 2019

Global M&As to slow down on economic uncertainty, says top Citigroup dealmaker

Global economic uncertainty will lead to a slowdown in corporate mergers and acquisitions (M&A) in 2019, a top Citigroup Inc ......