Reuters
Infrastructure
Govt says it will invite initial bids for Air India stake sale in next fortnight
India will invite initial bids for a stake sale in state-run carrier Air India in the next couple of weeks, ......
Manufacturing
Tata Steel emerges as top bidder for Bhushan Steel
India's Tata Steel Ltd said on Wednesday it was selected as the highest bidder to buy a controlling stake in ......
Markets
Markets close in the red for 6th straight session as oil stocks, banks weigh
Indian shares ended lower on Wednesday, dragged by oil explorers including Reliance Industries Ltd and banks such as ICICI Bank ......
Markets
Sensex closes over 1% lower as lenders dampen market sentiment
Indian shares gave up early gains and closed 1 percent lower on Tuesday, pulled down by lenders including ICICI Bank ......
TMT
Court restrains RCom from selling assets as Ericsson seeks to recover unpaid dues
An Indian arbitration court has restrained Reliance Communications Ltd (RCom) and two of its companies from transferring or selling any ......
People
Blackstone CEO Stephen Schwarzman earned $786 mn in 2017
Blackstone Group LP co-founder and Chief Executive Stephen Schwarzman took home about $786 million last year, making him the private ......
Markets
Metals drag Sensex, Nifty nearly 1% lower on fears of trade war
Indian shares ended lower for a fourth consecutive session on Monday, dragged down by metal stocks such as NMDC Ltd, ......
Markets
Sensex, Nifty end truncated week lower despite GDP boost
Indian shares ended lower for the third successive session on Thursday, dragged by bank stocks such as ICICI Bank and ......
Finance
Govt to consolidate equity stakes in JVs having multiple state-run bank partners
India’s government will consolidate 35 overseas branches of state-run lenders, with 69 more under review, financial services secretary Rajeev Kumar ......
Consumer
Jeweller Nirav Modi's bankrupt US firm draws strong interest from buyers
Potential buyers have expressed strong early interest in a bankrupt U.S. firm of jeweller Nirav Modi, who has been accused ......