Reuters
Markets
Bank stocks drag Sensex, Nifty lower; PNB down 12%
Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite.Punjab National Bank ......
Finance
Norway's sovereign wealth fund doubled returns last year amid stock market boom
Norway’s $1 trillion sovereign wealth fund, the world’s largest, doubled its return on investment in 2017, beating its benchmark, as ......
Manufacturing
Ambuja Cement, ACC shelve merger plan; shares slip
Ambuja Cement Ltd slid as much as 4.8 percent and ACC Ltd fell as much as 2.2 percent after the ......
Finance
PNB says bank fraud now estimated at nearly $2 bn
India’s Punjab National Bank (PNBK.NS) said late on Monday that the amount of fraudulent transactions involving the bank could go ......
Markets
Sensex, Nifty close nearly 1% higher as investors pin hopes on Fed meet
The Sensex and the Nifty rose for a second straight session on Monday ahead of release of key domestic economic ......
Markets
Sensex, Nifty close 1% higher to cap off best week in a month
Indian shares ended higher on Friday, tracking gains in global equities, as investors bought shares of recent underperformers such as ......
Infrastructure
CDPQ unit Ivanhoe aims to double India real estate investments
The real estate arm of Canada’s second-largest pension fund manager wants to “more than double” the C$800 million ($631 million) ......
Markets
Sensex, Nifty back in the green after three sessions
Indian shares ended higher on Wednesday, snapping three sessions of losses, as IT stocks such as HCL Technologies Ltd and ......
Manufacturing
UK billionaire Sanjeev Gupta's GFG Alliance pursuing auto, steel assets in India
British billionaire Sanjeev Gupta said his GFG Alliance has no plans to slow its rapid pace of acquisitions over the ......
Finance
Pen maker Rotomac Global, bank officials accused of $454 mn loan fraud
The Central Bureau of Investigation (CBI) said on Monday it has registered a case against pen maker Rotomac Global and ......
