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Sensex ends higher for a seventh session; bonds slide

Markets

24 November, 2017

Sensex ends higher for a seventh session; bonds slide

Indian shares ended higher for a seventh straight session on Friday as IT firms gained, while bonds slid on market ......

Uber to team up with Mahindra to test electric cars in India

TMT

24 November, 2017

Uber to team up with Mahindra to test electric cars in India

Ride-hailing firm Uber will partner with automaker Mahindra and Mahindra to pilot electric vehicles on its platform in India, the ......

Uber told SoftBank about data breach before telling public

TMT

24 November, 2017

Uber told SoftBank about data breach before telling public

Uber Technologies Inc said on Thursday that it discussed a massive data breach with potential investor SoftBank Group Corp ahead ......

Sovereign wealth funds pull $3.7 bn from global stock, bond markets in Q3

Finance

24 November, 2017

Sovereign wealth funds pull $3.7 bn from global stock, bond markets in Q3

Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit ......

Insurer Aviva ups exposure to state-run banks on recapitalization boost

Finance

23 November, 2017

Insurer Aviva ups exposure to state-run banks on recapitalization boost

Aviva Plc’s India life insurance joint venture is raising its exposure to the country’s state-run banks as it bets the ......

Japan's JFE may tie up with JSW to bid for Bhushan Steel

Manufacturing

23 November, 2017

Japan's JFE may tie up with JSW to bid for Bhushan Steel

Japan’s JFE Holdings Inc and India’s JSW Steel Ltd are lining up a joint bid with a private equity firm ......

Uber hacking cover-up collides with SoftBank deal, triggers probes worldwide

TMT

23 November, 2017

Uber hacking cover-up collides with SoftBank deal, triggers probes worldwide

A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service ......

Sensex stretches gaining streak to fifth day

Finance

22 November, 2017

Sensex stretches gaining streak to fifth day

Indian shares rose for a fifth straight session on Wednesday, helped by a late rally in state-owned banks after the ......

Cabinet clears amendments to bankruptcy code

Finance

22 November, 2017

Cabinet clears amendments to bankruptcy code

India’s cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code, the finance minister said, changes that are designed ......

Actis set to acquire Standard Chartered's real estate principal finance unit

Finance

22 November, 2017

Actis set to acquire Standard Chartered's real estate principal finance unit

Standard Chartered is close to selling its real estate principal finance unit to private equity firm Actis, sources with knowledge ......