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Govt seeks to take control of debt-ridden IL&FS, proposes Uday Kotak as chairman

Finance

01 October, 2018

Govt seeks to take control of debt-ridden IL&FS, proposes Uday Kotak as chairman

India on Monday moved to take control of Infrastructure Leasing and Financial Services (IL&FS), whose recent defaults have roiled Indian ......

Bandhan Bank shares slump 20% on RBI curbs

Finance

01 October, 2018

Bandhan Bank shares slump 20% on RBI curbs

Bandhan Bank Ltd shares plunged to their lowest since March debut on Monday after the central bank withdrew permission to ......

India's factory output picks up pace in September on strong demand

Manufacturing

01 October, 2018

India's factory output picks up pace in September on strong demand

Indian factory activity expanded more quickly in September on strong domestic and export order growth, a business survey showed, a ......

Global M&A volume flattens in July-Sept on trade tensions

Others

28 September, 2018

Global M&A volume flattens in July-Sept on trade tensions

Global mergers and acquisitions dropped to $783 billion in the third quarter, down 35 percent from the prior quarter, as ......

Sensex, Nifty mark worst month since early 2016

Markets

28 September, 2018

Sensex, Nifty mark worst month since early 2016

Good luck and tons of best wishes. God bless you in whatever you do. This is my heartiest wish just ......

SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son

Finance

27 September, 2018

SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son

SoftBank Group Corp plans to create a new $100 billion fund every two to three years and spend $50 billion ......

Nifty closes below 11,000 as financial, auto stocks weigh

Markets

27 September, 2018

Nifty closes below 11,000 as financial, auto stocks weigh

Indian shares ended lower on Thursday, dragged by financial and auto stocks, as investors remained cautious after the government raised ......

RBI eases cash rules for banks amid fears of credit crunch

Economy

27 September, 2018

RBI eases cash rules for banks amid fears of credit crunch

The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it ......

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. ......