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Saudi Aramco in talks with Reliance Industries for investments

Infrastructure

20 February, 2019

Saudi Aramco in talks with Reliance Industries for investments

Saudi Aramco’s Chief Executive Officer Amin Nassar said on Wednesday that the company is in talks with India’s Reliance Industries ......

Liberty House parent GFG mulls IPOs for its businesses

Manufacturing

20 February, 2019

Liberty House parent GFG mulls IPOs for its businesses

Commodities conglomerate Gupta Family Group (GFG) is assessing all parts of its business for possible stock market flotation and could ......

Sensex surges more than 1% higher to end lengthy losing streak

Markets

20 February, 2019

Sensex surges more than 1% higher to end lengthy losing streak

Indian shares finished over one percent higher on Wednesday, with the benchmark BSE Sensex snapping a nine-day losing streak, led ......

Supreme Court finds Anil Ambani guilty of contempt in Ericsson case

TMT

20 February, 2019

Supreme Court finds Anil Ambani guilty of contempt in Ericsson case

 India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully ......

Sensex records worst losing streak in nearly 8 years

Markets

19 February, 2019

Sensex records worst losing streak in nearly 8 years

Indian shares erased early gains to end lower on Tuesday, with the benchmark BSE Sensex clocking ninth straight session of ......

Goldman Sachs Asia Pacific CEO Ken Hitchner to retire

Finance

19 February, 2019

Goldman Sachs Asia Pacific CEO Ken Hitchner to retire

Goldman Sachs Group Inc’s Chairman and Chief Executive for the Asia-Pacific region excluding Japan, Ken Hitchner, is retiring from the ......

ArcelorMittal makes bid to acquire Essar's Mahan power plant

Infrastructure

19 February, 2019

ArcelorMittal makes bid to acquire Essar's Mahan power plant

ArcelorMittal SA, the world’s biggest steelmaker, has bid 48 billion rupees ($673 million) to acquire Essar’s 1200 megawatt power plant ......

RBI to transfer interim surplus of nearly $4 bn to govt

Economy

18 February, 2019

RBI to transfer interim surplus of nearly $4 bn to govt

The Reserve Bank of India (RBI) on Monday decided to transfer an interim surplus of 280 billion rupees ($3.92 billion) ......

RBI to discuss interest rate pass-through with banks; SBI says no room to cut rates

Economy

18 February, 2019

RBI to discuss interest rate pass-through with banks; SBI says no room to cut rates

The Reserve Bank of India (RBI) will talk to lenders later this month about a pass-through on lower policy interest ......

Sensex closes nearly 1% lower as bad run continues

Markets

18 February, 2019

Sensex closes nearly 1% lower as bad run continues

The Sensex and Nifty closed lower on Monday, dragged by losses across most sectors, as investors awaited cues after lacklustre ......