Reuters

Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Indian stocks saw broad-based gains on Friday amid rising expectations about an economic stimulus to cushion the impact of the...

• Reuters

Finance

07 May, 2020

KKR's first-quarter profit rises 11% on stronger asset sales

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on ......

• Reuters

Markets

07 May, 2020

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Indian stocks slid on Thursday, with declines led by banks and Hindustan Unilever, as coronavirus cases in the country crossed...

• Reuters

General

07 May, 2020

Coronavirus cases in India jump to almost 53,000, death toll nears 1,800

The number of coronavirus infections rose to 52,952 in India, up by 3,561 over the previous day, the health ministry ......

• Reuters

TMT

07 May, 2020

Zomato targets push into alcohol deliveries to cash in on lockdown

Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......

• Reuters

Consumer

07 May, 2020

GSK sells $3.35 bn stake in Hindustan Unilever

GlaxoSmithKline is selling $3.45 billion worth of shares in Unilever's Indian business on the open market, according to a...

• Reuters

TMT

06 May, 2020

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary...

• Reuters

Markets

06 May, 2020

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Indian shares rose on Wednesday on the back of a resurgence in banking stocks as markets awaited government stimulus measures...

• Reuters

Markets

06 May, 2020

India third most expensive Asian market as stock valuations jump in April

Asian equities valuations jumped to the highest since January at the end of April, following a sharp recovery in regional ......

• Reuters

Economy

06 May, 2020

India's services activity collapses as coronavirus cripples global demand

India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing...

• Reuters