Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
Markets
Nifty, Sensex trim losses, but languish at multi-year lows
Indian stocks plunged nearly 7% on Thursday, in line with Asian peers, as unabated panic over the coronavirus pandemic eclipsed...
Infrastructure
Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus
India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered ......
TMT
Supreme Court slams telecoms firms over AGR dues; Vodafone Idea plunges
India’s Supreme Court on Wednesday lashed out at mobile phone operators for self-assessing their outstanding telecoms dues,...
Finance
Indian banks shelve fundraising as coronavirus derails markets
Two state-owned Indian banks that were aiming to raise funds to meet growth targets and build up capital for regulatory ......
Finance
Govt, RBI mull relaxing bad loan rules for sectors hit by coronavirus
India’s government and central bank are considering giving relief to banks, aviation and other hospitality sectors hit by...
TMT
SoftBank Group's shares slump on scepticism over startup bets
SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......
Markets
Sensex, Nifty tumble over 5% as virus fears linger
Indian shares erased early gains to sink lower on Wednesday, with heavy losses in financial stocks, as fears of the ......
People
Salesforce hires former SBI chief Arundhati Bhattacharya as India CEO
U.S. cloud-based service provider Salesforce.com Inc has hired Arundhati Bhattacharya, one of India's best-known former bankers,...
Finance
Govt halts key policy plans as revenues shrink
India has dropped at least three crucial policy initiatives, including lowering import taxes on vegetable oils, as the outbreak...
Finance
Banks to seek relief from RBI on bad loans amid coronavirus concerns
The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India’s lenders, and the industry body...
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