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Bain Capital aims for up to $4 bn in new Asia PE fund

Finance

26 April, 2018

Bain Capital aims for up to $4 bn in new Asia PE fund

Global private equity firm Bain Capital LLC is targeting up to $4 billion for a new Asia-focused fund, a person ......

Financials drag Sensex lower amid weak global cues

Markets

25 April, 2018

Financials drag Sensex lower amid weak global cues

Indian shares closed lower on Wednesday, snapping a two-day winning run, dragged down by financials such as ICICI Bank Ltd ......

Liberty House to spend $1 bn to grow India business

Manufacturing

24 April, 2018

Liberty House to spend $1 bn to grow India business

Metals group Liberty House will invest $1 billion to grow its business in India within the next three years, its ......

Sensex marks highest close in more than two months

Markets

24 April, 2018

Sensex marks highest close in more than two months

Indian shares marked their highest close since Feb. 5 on Tuesday as gains in financial and energy stocks helped lift ......

Sensex closes higher; TCS crosses $100 bn in market capitalisation

Markets

23 April, 2018

Sensex closes higher; TCS crosses $100 bn in market capitalisation

Indian shares ended higher for a third consecutive session on Monday, driven by gains in IT and financial stocks, with ......

Walmart could seal deal for majority stake in Flipkart next week

TMT

21 April, 2018

Walmart could seal deal for majority stake in Flipkart next week

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as ......

Sensex, Nifty end flat as IT stocks offset losses in other sectors

Markets

20 April, 2018

Sensex, Nifty end flat as IT stocks offset losses in other sectors

Indian shares ended flat on Friday, as gains in technology stocks offset losses in other sectors, while minutes of the ......

Interest rates could rise soon as RBI panel signals shift to hawkish stance

Finance

19 April, 2018

Interest rates could rise soon as RBI panel signals shift to hawkish stance

India's central bank could take a more hawkish tone starting as early as June despite easing inflation, minutes of the ......

Blackstone Q1 earnings drop 20% on stock market slump

Finance

19 April, 2018

Blackstone Q1 earnings drop 20% on stock market slump

Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, on Thursday reported a ......

P&G to buy German Merck's consumer health biz, makes open offer for India unit

Healthcare

19 April, 2018

P&G to buy German Merck's consumer health biz, makes open offer for India unit

Procter & Gamble Co agreed to acquire the consumer health business of German pharmaceuticals company Merck KGaA for about 3.4 ......