Reuters
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 ......
TMT
SoftBank sees PolicyBazaar, other insurtech firms boosting its bigger investments
Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and ......
Markets
Sensex ends higher for third straight session on positive global cues
Indian shares rose for the third consecutive session on Tuesday on positive global cues, amid the corporate earnings season bringing ......
Economy
India's trade deficit hits lowest level in five months
India's September trade deficit hit its lowest level in five months at $13.98 billion, the trade ministry said in a ......
Markets
Sensex recovers after weak start to close in the green
Indian shares ended higher for a second straight session on Monday after a weak start, in a recovery led by ......
Finance
Saudi Arabia's ICD shelves $1 bn fund with IL&FS PE
The Saudi-based Islamic Corporation for the Development of the Private Sector (ICD) said on Monday it had halted plans for ......
Finance
KKR looks to buy assets from Indian NBFCs
U.S. private equity firm KKR & Co Inc is seeking to buy assets from Indian non-banking finance firms as it ......
