Reuters
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 ......
Markets
Sensex, Nifty fall as state-run lenders extend losses
Indian shares ended lower on Monday, with sentiment hurt as state-run lenders extended losses over worries about a $1.77 billion ......
Infrastructure
Sembcorp Industries to reorganise India energy business
Singapore-based Sembcorp Industries said on Monday it would reorganise its India energy operations into a single entity, citing a more ......
Finance
PNB case only a fraction of $10 bn 'loan frauds' at Indian banks in last 5 years
Investors may have been shocked when one of India's biggest banks disclosed a $1.77 billion fraud by billionaire jeweller Nirav ......
Markets
Sensex, Nifty close nearly 1% lower as PNB shares continue to slide
Indian shares ended lower on Friday, as financial stocks fell with Punjab National Bank down for a third straight session ......
Finance
India's trade deficit widens to $16.30 bn in January
India’s trade deficit widened to $16.30 billion in January from $14.88 billion in the previous month, government data showed on ......
Markets
RBI willing to pump more cash into banks to manage liquidity mismatches
The Reserve Bank of India will be ready to inject adequate amount of extra cash into banks if needed ahead ......
Finance
PNB says it can recover from India's largest-ever loan fraud as shares slide
Punjab National Bank, India’s second-largest state-run lender, said on Thursday it has the capability and capacity to recover after uncovering ......
Finance
India's WPI inflation cools to 2.84% in January
India’s annual wholesale price inflation eased in January for the second straight month after touching an eight-month high in November, ......
