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Reuters

Former Bhushan Steel MD arrested over alleged fraud

Finance

10 August, 2018

Former Bhushan Steel MD arrested over alleged fraud

Indian authorities arrested a former managing director of Bhushan Steel Ltd on Thursday over an alleged fraud, after a probe ......

Bank stocks power Sensex above 38,000 for first time

Markets

09 August, 2018

Bank stocks power Sensex above 38,000 for first time

Indian shares ended at record closing highs on Thursday, driven by strong gains in financial stocks such as ICICI Bank ......

Energy stocks fuel Sensex's rise to record close

Markets

08 August, 2018

Energy stocks fuel Sensex's rise to record close

Indian shares rose to a record close on Wednesday, helped by energy stocks including Reliance Industries Ltd and financials. The benchmark ......

Bahrain private equity firm Investcorp hunts for deals in India, China

Finance

08 August, 2018

Bahrain private equity firm Investcorp hunts for deals in India, China

Bahrain-based private equity firm Investcorp expects to make its first direct investments in China and India within 12 to 18 months as ......

IKEA set to open first India store, looks to lure cost-conscious shoppers

Consumer

08 August, 2018

IKEA set to open first India store, looks to lure cost-conscious shoppers

IKEA will do things differently in India after it opens its first store in the nation on Thursday, as it ......

PNB plans asset sales to revive fortunes after second straight quarterly loss

Finance

07 August, 2018

PNB plans asset sales to revive fortunes after second straight quarterly loss

India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a ......

Sensex little changed as energy stocks offset gains

Markets

07 August, 2018

Sensex little changed as energy stocks offset gains

Indian shares ended nearly flat on Tuesday, as gains in material stocks were offset by losses in energy and industrials. The benchmark ......

Indra Nooyi hands over PepsiCo's reins to Ramon Laguarta

Consumer

07 August, 2018

Indra Nooyi hands over PepsiCo's reins to Ramon Laguarta

Indra Nooyi is stepping down as the PepsiCo Inc after a 12-year stint, handing the reins to company veteran Ramon ......

 Pepsi's Indra Nooyi will step down after 12 years as CEO

Consumer

06 August, 2018

Pepsi's Indra Nooyi will step down after 12 years as CEO

PepsiCo Inc said on Monday Indra Nooyi would step down as chief executive officer after 12 years at the helm ......

Financial stocks propel Sensex to record close

Markets

06 August, 2018

Financial stocks propel Sensex to record close

Indian shares edged up on Monday to their highest close, driven by financials such as private sector lenders ICICI Bank ......