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Reuters

Bain Capital raises $4.65 bn for new Asia fund

Finance

20 December, 2018

Bain Capital raises $4.65 bn for new Asia fund

Global private equity firm Bain Capital LLC has closed its new Asia-focused fund at $4.65 billion, a person with direct ......

US Fed raises interest rates, hints at more hikes

Economy

20 December, 2018

US Fed raises interest rates, hints at more hikes

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, ......

Sensex records 7th straight session of gains as financial stocks lead charge

Markets

19 December, 2018

Sensex records 7th straight session of gains as financial stocks lead charge

Indian shares ended higher on Wednesday, underpinned by financials, after the central bank announced liquidity injection via open market bond ......

Sensex bounces back to close higher after crude prices provide boost

Markets

18 December, 2018

Sensex bounces back to close higher after crude prices provide boost

Indian shares reversed early losses to end higher on Tuesday, buoyed by gains in financials and oil marketing companies after ......

IL&FS kicks off sale process for domestic road assets

Infrastructure

17 December, 2018

IL&FS kicks off sale process for domestic road assets

India's Infrastructure Leasing and Financial Services Ltd (IL&FS) said on Monday it had begun the sale of its domestic road ......

Sensex sustains momentum to close nearly 1% higher

Markets

17 December, 2018

Sensex sustains momentum to close nearly 1% higher

Indian shares ended higher on Monday, led by gains in financial companies, as strong momentum continued from last week following ......

Hitachi to acquire ABB's power grids business in $11 bn deal

Infrastructure

17 December, 2018

Hitachi to acquire ABB's power grids business in $11 bn deal

ABB will sell a majority stake in its Power Grids division to Japan’s Hitachi and return the proceeds to shareholders, ......

IHH Healthcare puts open offer for Fortis on hold after SC ruling

Healthcare

17 December, 2018

IHH Healthcare puts open offer for Fortis on hold after SC ruling

Malaysia's IHH Healthcare Bhd said on Monday its open offer to buy an additional 26 percent stake in Fortis Healthcare ......

India's trade deficit narrows in November

Economy

14 December, 2018

India's trade deficit narrows in November

India's November trade deficit narrowed to $16.67 billion due to a fall in gold imports, the country's trade ministry said ......

Sensex clocks weekly gain as RBI, elections keep investors busy

Markets

14 December, 2018

Sensex clocks weekly gain as RBI, elections keep investors busy

Indian shares eked out a slightly positive finish on Friday, with the NSE closing above 10,800 points for the first ......