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Reuters

US Fed raises interest rates, signals more hikes

Economy

27 September, 2018

US Fed raises interest rates, signals more hikes

The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as ......

Consumer goods and IT stocks drag Sensex lower

Markets

26 September, 2018

Consumer goods and IT stocks drag Sensex lower

Indian shares ended lower on Wednesday, dragged by consumer goods and IT stocks, while investors awaited cues from a U.S. ......

YES Bank will ask RBI for more time to find CEO Rana Kapoor's successor

Finance

25 September, 2018

YES Bank will ask RBI for more time to find CEO Rana Kapoor's successor

India's Yes Bank Ltd said on Tuesday it would seek the central bank's approval to extend Chief Executive Officer Rana ......

India's April-Aug fiscal deficit at 94.7% of full-year target

Economy

25 September, 2018

India's April-Aug fiscal deficit at 94.7% of full-year target

India reported on Tuesday a fiscal deficit of 5.9 trillion rupees ($81.4 billion) for April-August, or 94.7 percent of the ......

Sensex snaps 5-day losing streak to close nearly 1% higher

Markets

25 September, 2018

Sensex snaps 5-day losing streak to close nearly 1% higher

Indian shares snapped a five-session losing streak and ended higher on Tuesday, helped by gains in financials such as Housing ......

TPG in talks to take over Abraaj's $1 bn healthcare fund

Finance

25 September, 2018

TPG in talks to take over Abraaj's $1 bn healthcare fund

Actis has been picked as the preferred bidder for the management rights of Abraaj's Africa funds, sources familiar with the ......

Blackstone-backed Embassy Office Parks files for India's first REIT IPO

Infrastructure

24 September, 2018

Blackstone-backed Embassy Office Parks files for India's first REIT IPO

Embassy Office Parks REIT filed for an initial public offering (IPO) consisting of a fresh issue worth up to Rs ......

Nifty posts biggest single-day loss in six months as housing finance stocks slide

Markets

24 September, 2018

Nifty posts biggest single-day loss in six months as housing finance stocks slide

Indian shares fell more than 1 percent and ended lower for a fifth straight session on Monday, dragged by financials ......

Sensex, Nifty recover after panic selloff as indices post weekly losses of over 3%

Markets

21 September, 2018

Sensex, Nifty recover after panic selloff as indices post weekly losses of over 3%

Indian shares erased most of the losses on Friday after panic selling in housing finance and property stocks saw key ......

YES Bank loses over $3 bn in market value after RBI trims CEO's term

Finance

21 September, 2018

YES Bank loses over $3 bn in market value after RBI trims CEO's term

Indian private sector lender Yes Bank Ltd's shares tumbled nearly a third on Friday, wiping as much as $3.1 billion ......