Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
Manufacturing
Shell eyes stake in Nayara's $9 bn petrochemical project
Oil major Royal Dutch Shell plans to buy a 50% stake in Indian-based Nayara Energy’s up to $9 billion planned ......
General
From carats to peanuts: How a pandemic upended global diamond industry
As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply...
Markets
Nifty snaps six days of gains as pharma, energy stocks drag
Indian shares closed lower on Wednesday, with the Nifty 50 snapping a six-day winning streak, as pharmaceuticals and energy stocks...
Finance
Tax authorities raid Chinese entities for money laundering
Indian tax authorities raided the premises of a few Chinese entities and their associates for money laundering, according to an...
Finance
RBI's debt revamp proposal to prolong banks' asset quality uncertainty: Fitch
A one-time debt restructuring allowed by the Reserve Bank of India (RBI) to help lenders and borrowers amid the COVID-19 ......
Consumer
Bira talking to foreign beer makers about possible stake sale: CEO
India's B9 Beverages, maker of popular craft beer Bira, is in talks with international brewers and investors to sell a ......
Manufacturing
India's virus-hit industrial output shrinks 16.6% in June
India’s industrial output fell 16.6% year-on-year in June, shrinking for the fourth month in a row, though the monthly measure...
Markets
Sensex, Nifty rise as private-sector banks rally
India's Nifty 50 index closed up for a sixth straight session on Tuesday, led by gains in banks and metal ......
Finance
SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain
SoftBank Group Corp broke with tradition on Tuesday and did not disclose operating profit in its quarterly results, saying the...
Markets
Asian equities lure foreign money again in July, India retains lead
Foreign investors were net buyers of Asian shares for a second straight month, helped by a recovery in regional economic ......
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