Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
General
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 ......
Finance
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, ......
General
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 ......
Infrastructure
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...
Manufacturing
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...
TMT
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...
TMT
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 ......
Markets
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 ......
Healthcare
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 ......
Finance
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...
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