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Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Sensex, Nifty rise over 4% this week

Markets

09 October, 2020

Sensex, Nifty rise over 4% this week

Indian shares ended higher on Friday, led by bank stocks, after the central bank kept interest rates steady to counter ......

RBI expects GDP to contract 9.5% in FY21, holds rates steady

Economy

09 October, 2020

RBI expects GDP to contract 9.5% in FY21, holds rates steady

The Reserve Bank of India (RBI) left key interest rates unchanged on Friday as widely expected, while retaining an accommodative...

Amazon injects $95.5 mn into India payments unit ahead of festive season

TMT

09 October, 2020

Amazon injects $95.5 mn into India payments unit ahead of festive season

Amazon.com Inc has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data ......

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday,...

Alibaba-backed Paytm targets 1 mn apps on mini app store to take on Google

TMT

08 October, 2020

Alibaba-backed Paytm targets 1 mn apps on mini app store to take on Google

Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its "mini app store" by the first quarter ......

Sensex, Nifty rise for sixth session as buyback plans boost TCS, Wipro

Markets

08 October, 2020

Sensex, Nifty rise for sixth session as buyback plans boost TCS, Wipro

Indian shares ended higher for a sixth session as buyback plans from Tata Consultancy Services and Wipro powered the main ......

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Economy

08 October, 2020

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......

SBI's new chief says top priority to maintain loan book quality

Finance

08 October, 2020

SBI's new chief says top priority to maintain loan book quality

India's largest lender, State Bank of India's newly appointed chairman said that his focus areas as he takes over will...

Amazon sends legal notice to Future Group over Reliance deal

Consumer

08 October, 2020

Amazon sends legal notice to Future Group over Reliance deal

Amazon.com Inc said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian ......

Google faces new antitrust case in India over abuse in smart TV market

TMT

07 October, 2020

Google faces new antitrust case in India over abuse in smart TV market

Alphabet Inc's Google is facing a new antitrust case in India in which the U.S. tech giant is alleged to ......