Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
TMT
Flipkart gears up for overseas IPO, may target $50 bn valuation
Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021,...
Markets
Sensex, Nifty rise on banking, IT boost; Dr Reddy's hits five-week high
Indian shares on Wednesday notched their best closing levels in nearly three weeks, boosted by gains in large-cap banks and ......
Healthcare
Russian wealth fund to sell 100 mn doses of COVID-19 vaccine to Dr Reddy's
Russia's sovereign wealth fund has agreed to supply 100 million doses of its coronavirus vaccine, Sputnik-V, to Indian drug...
Finance
KKR raises over $11 bn for fourth Asia fund
Private equity powerhouse KKR & Co has raised over $11 billion after the first close of its fourth Asia-focused fund, ......
Economy
India's recovery not entrenched, will only be gradual: RBI chief
Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not...
Finance
Fraud-hit PMC Bank reaches out to major lenders for merger
India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......
TMT
Flipkart to hire 70,000 in India ahead of big shopping event
Walmart Inc's Flipkart said on Tuesday it would create 70,000 new jobs and employ many more as delivery partners and ......
Markets
Sensex, Nifty rise after inflation data; small, mid-caps add to gains
Indian shares closed higher on Tuesday after data showed annual retail inflation eased more than expected in August, while small-...
Markets
Indian bonds record foreign outflows for sixth month in August
Asian bonds recorded a third straight month of net foreign inflows in July, but buying slowed due to an escalation ......
Economy
‘Developing Asia' to shrink for first time in nearly six decades: ADB
The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six...
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