Reuters

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

Govt freezes inflation-linked salary hike of employees to combat coronavirus

General

23 April, 2020

Govt freezes inflation-linked salary hike of employees to combat coronavirus

India on Thursday froze inflation-linked hikes of salaries and pensions of federal employees and pensioners as part of efforts...

Markets

23 April, 2020

Sensex, Nifty climb on stimulus hopes, surge in banks and IT firms

Indian shares rose on Thursday, tracking gains across global markets, as oil prices recovered from a collapse earlier in the ......

Finance

23 April, 2020

For SoftBank's Masayoshi Son, coronavirus turns vision to illusion

SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding...

Finance

22 April, 2020

Global CEOs see U-shaped recession due to coronavirus: Survey

Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear their...

Manufacturing

22 April, 2020

Medical device makers battle supply snags in race to build affordable ventilators

Indian medical device makers, racing to churn out ventilators as domestic COVID-19 cases spike, have been beset by supply bottlenecks,...

TMT

22 April, 2020

Softbank-backed OYO to cut pay of all employees in India

Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April ......

Finance

22 April, 2020

Bombay High Court quashes govt's call for ban on Deloitte, KPMG affiliate

An Indian court on Tuesday quashed efforts by the federal government to impose a ban on auditors Deloitte Haskins & ......

Markets

22 April, 2020

Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal

Indian stocks edged higher on Wednesday, lifted by an 8% jump in Reliance Industries Ltd after Facebook invested in its ......

Finance

21 April, 2020

HSBC cuts top investment bank jobs despite wider firing freeze

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign ......

Manufacturing

21 April, 2020

Textile exporters seek govt aid to pay wages

Indian textile exporters, which employ about five million workers, have sought government aid to pay wages after cancelling about...