Reuters
Manufacturing
How India is becoming a smartphone-making powerhouse
South Korea’s Samsung, China's Xiaomi and Taiwan’s Foxconn are among companies that are setting up or expanding mobile-phone factories in ......
Markets
Stronger rupee, falling oil prices help Sensex snap losing streak
Indian shares closed higher on Wednesday, snapping four sessions of losses, as a stronger rupee and falling oil prices supported ......
Markets
Sensex slips to lowest close in more than six months
Indian shares ended lower on Tuesday, sinking further in the last hour of trade, as oil marketing companies dragged following ......
Markets
Macro concerns push Sensex lower for third straight session
Indian shares fell for the third consecutive session on Monday, weighed down by index heavyweight Reliance Industries Ltd as macro concerns, ......
Finance
Goldman Sachs shuffles Asia investment banking leadership team
Goldman Sachs Group Inc has named veteran banker Todd Leland as its investment banking head for Asia Pacific excluding Japan, ......
Finance
Blackstone Q3 profit beats forecasts amid market rise
Blackstone Group LP, the world's largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in ......
Healthcare
SEBI asks Fortis Healthcare to recover $55 mn from founders, eight firms
India’s capital markets regulator has asked Fortis Healthcare to recover 4.03 billion rupees ($55 million) from its founder brothers and firms ......
Manufacturing
ArcelorMittal will pay creditors $1 bn to validate Essar Steel bid
ArcelorMittal SA said on Wednesday it would pay 74.69 billion rupees ($1.01 billion) to creditors of two Indian companies in ......
TMT
SoftBank-backed InMobi acquires US telecom firm Sprint's mobile ad unit
Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for ......
Markets
Sensex slides more than 1% amid liquidity concerns
Indian shares ended more than one percent lower on Wednesday, dragged by financial stocks such as Indiabulls Housing Finance Ltd ......