Reuters - Author at VCCircle
Advertisement

Reuters

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

Global coronavirus cases surpass 3.5 mn, but rate slows

General

04 May, 2020

Global coronavirus cases surpass 3.5 mn, but rate slows

Global coronavirus cases surpassed 3.5 million on Monday, with deaths nearing a quarter of a million, although the rate of ......

Indian banks' bad debt could double in coronavirus crisis

Finance

04 May, 2020

Indian banks' bad debt could double in coronavirus crisis

India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......

Govt extends lockdown, allows relaxations in lower-risk zones

General

01 May, 2020

Govt extends lockdown, allows relaxations in lower-risk zones

India said on Friday it would extend its nationwide coronavirus lockdown for another two weeks after May 4, but would ......

India's March infrastructure output contracts 6.5%

Infrastructure

30 April, 2020

India's March infrastructure output contracts 6.5%

India’s annual infrastructure output contracted 6.5% in March, data released on Thursday showed, indicating the impact of...

Reliance cuts pay of execs in oil unit, Ambani foregoes salary

Manufacturing

30 April, 2020

Reliance cuts pay of execs in oil unit, Ambani foregoes salary

India’s Reliance Industries has imposed an up to 50% pay cut for some top oil-and-gas division employees, six sources told...

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

TMT

30 April, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources...

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

TMT

30 April, 2020

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......

Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes

Markets

30 April, 2020

Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes

Indian shares rose more than 2% to a near seven-week high on Thursday, as global sentiment improved on promising early ......

NMC founder BR Shetty says private probe finds fraud, wants to clear his name

Healthcare

29 April, 2020

NMC founder BR Shetty says private probe finds fraud, wants to clear his name

The founder of troubled hospital operator NMC Health, BR Shetty, said on Wednesday a probe conducted by his own advisors ......

Indians switch to bank deposits as concerns grow over debt funds

Finance

29 April, 2020

Indians switch to bank deposits as concerns grow over debt funds

Rattled by the shock closure of some high-profile domestic funds investing in high-yielding debt, Indian investors are quickly...