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Reuters

Stocks jump to new record as banks extend rally

Finance

30 October, 2017

Stocks jump to new record as banks extend rally

Indian shares rose to record highs on Monday as state-owned lenders extended a rally from the last week sparked by ......

Vedanta, Adani may bid for $9 bn Indian diamond mine left by Rio Tinto

Manufacturing

27 October, 2017

Vedanta, Adani may bid for $9 bn Indian diamond mine left by Rio Tinto

Indian resources conglomerates Adani and Vedanta are considering bidding for a $9 billion diamond project in the country that was ......

Twitter nears first profitable quarter after slashing costs

TMT

26 October, 2017

Twitter nears first profitable quarter after slashing costs

Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts ......

Sensex, Nifty hit record closing highs on bank recapitalisation hopes

Finance

26 October, 2017

Sensex, Nifty hit record closing highs on bank recapitalisation hopes

Indian shares marked record closing highs for a second consecutive session on Thursday after a finance ministry official said the ......

Uber suffers another hit as three women file lawsuit alleging discrimination

TMT

26 October, 2017

Uber suffers another hit as three women file lawsuit alleging discrimination

Three women engineers have sued Uber Technologies Inc for discrimination based of their gender and race, the latest blow to ......

GIP, China's SWF in record $5 bn energy deal to buy Equis including Indian assets

Infrastructure

26 October, 2017

GIP, China's SWF in record $5 bn energy deal to buy Equis including Indian assets

U.S. fund Global Infrastructure Partners has agreed to buy EquisEnergy, Asia's largest independent renewable energy firm, for $3.7 billion with ......

Goldman Sachs to ramp up private equity bets to offset trading slump

Finance

25 October, 2017

Goldman Sachs to ramp up private equity bets to offset trading slump

Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a ......

Amazon to sell smart locks to slip packages into your home

TMT

25 October, 2017

Amazon to sell smart locks to slip packages into your home

Amazon.com Inc has plans to drop off packages directly into shoppers’ homes.The world’s largest online retailer on Wednesday announced Amazon ......

Carlyle names two co-CEOs as founders step back in leadership reshuffle

People

25 October, 2017

Carlyle names two co-CEOs as founders step back in leadership reshuffle

Carlyle Group LP said on Wednesday that Glenn Youngkin and Kewsong Lee would become its co-chief executives, in the U.S. ......

Bank stocks power Sensex to new record on $32 bn recapitalisation plan

Finance

25 October, 2017

Bank stocks power Sensex to new record on $32 bn recapitalisation plan

Indian banking shares soared on Wednesday, sending indexes to record highs after the cabinet approved a $32 billion plan to ......