Reuters
Infrastructure
Govt kicks off process to sell 76% stake in Air India
India said on Wednesday it plans to sell a controlling stake in Air India along with roughly $5.1 billion of ......
Finance
State-run IDBI Bank discloses $119 mn fraud
IDBI Bank Ltd said on Tuesday fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its ......
Markets
Sensex closes higher as bank stocks have another good day
Indian shares closed higher for a second straight session on Tuesday, with lenders such as State Bank of India among ......
Healthcare
GSK to assess shareholding in Indian subsidiary after $13 bn Novartis buyout
GlaxoSmithKline is buying Novartis out of their consumer healthcare joint venture for $13 billion, taking full control of products including ......
Markets
Sensex closes nearly 1.5% higher as banks lead gains
Indian shares snapped a two-day losing streak on Monday as a recovery in financial stocks such as Yes Bank Ltd ......
Consumer
Sequoia-backed beer label Bira 91 aims to break even in FY19; eyes IPO in mid-term
The maker of Bira 91, a popular Indian craft beer with bottles sporting sketches of a quirky monkey with a ......
Finance
Union Bank shares slump to 11-year low on fraud complaint
Union Bank of India Ltd (UNBK.NS) shares fell to a more-than 11-year low on Friday after federal police registered a ......
Markets
Sensex, Nifty post lowest close since October on global trade war concerns
Indian shares fell over 1 percent on Friday, with the broader NSE index closing below the 10,000 level for the ......
Finance
US Fed raises interest rates, forecasts more hikes this year
The U.S. Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its ......
People
Blackstone co-founder Peter Peterson dies at 91
Billionaire Wall Street financier Peter Peterson, who co-founded private equity firm Blackstone Group LP (BX.N) and served as U.S. President ......
