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Reuters

Rupee touches record low of 69.12 against US dollar

Finance

20 July, 2018

Rupee touches record low of 69.12 against US dollar

The Indian rupee hit a record low of 69.13 per dollar in early trade on Friday, tracking weakness in the ......

CPPIB to step up India play, explore consumer space

Finance

19 July, 2018

CPPIB to step up India play, explore consumer space

Canada’s biggest public pension scheme sees India as its main focus for investment in Asia as the country pours money ......

Kotak Mahindra Bank, other financial stocks drag Sensex lower

Markets

19 July, 2018

Kotak Mahindra Bank, other financial stocks drag Sensex lower

Indian shares ended lower on Thursday, a day ahead of a no-confidence motion against the government, dragged by financial stocks ......

Sensex closes in the red as govt faces no-trust motion

Markets

18 July, 2018

Sensex closes in the red as govt faces no-trust motion

Indian shares ended lower on Wednesday, paring gains from earlier in the session, after the opposition parties tabled a no-confidence ......

Govt set to inject $1.65 bn into fraud-hit PNB, four other banks

Finance

18 July, 2018

Govt set to inject $1.65 bn into fraud-hit PNB, four other banks

India's government will inject a total 113.36 billion rupees ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, ......

David Solomon to replace Lloyd Blankfein as Goldman Sachs CEO

People

17 July, 2018

David Solomon to replace Lloyd Blankfein as Goldman Sachs CEO

Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era ......

Sensex snaps losing run as financial, oil stocks fare well

Markets

17 July, 2018

Sensex snaps losing run as financial, oil stocks fare well

Indian shares snapped two straight sessions of losses on Tuesday, helped by gains in financial stocks such as ICICI Bank ......

RIL, ICICI Bank top drags as Sensex closes lower

Markets

16 July, 2018

RIL, ICICI Bank top drags as Sensex closes lower

The Sensex and Nifty ended lower on Monday, as a dip in oil prices hurt energy stocks such as Reliance ......

LIC board approves taking majority stake in IDBI Bank

Finance

16 July, 2018

LIC board approves taking majority stake in IDBI Bank

The Life Insurance Corporation of India's board has approved raising its stake in state-run IDBI Bank to 51 percent, Economic ......

Dubai PE firm Abraaj's founder gets court breather, to settle $300 mn loan

Finance

16 July, 2018

Dubai PE firm Abraaj's founder gets court breather, to settle $300 mn loan

A United Arab Emirates court on Sunday dismissed a criminal case against the founder of private equity firm Abraaj, Arif ......