Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
TMT
Ola may lay off 225 employees as SoftBank-backed firm gears up for IPO
Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group Corp (9984.T), aims to begin the IPO process by the end ......
Infrastructure
Tata Power seeks global investors for renewable portfolio
India’s Tata Power Company Ltd, the power generation arm of the salt-to-software Tata group, wants to sell a stake in ......
Markets
Sensex, Nifty rise ahead of GDP data as state-owned banks lead gains
Indian shares closed higher on Thursday, boosted by state-owned banks, as investors awaited the GDP growth data for the quarter...
TMT
Times Group said to be in talks to buy Reliance's news biz; RIL denies report
Reliance Industries Ltd, owned by Asia’s richest man Mukesh Ambani, is in talks to sell its news assets to India’s...
Finance
Govt wants RBI to buy out stressed assets of shadow banks
India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of ......
Finance
Warburg Pincus to raise $1.5 bn for first India-focused fund
Private equity firm Warburg Pincus LLC is looking to raise up to $1.5 billion for its first fund targeting deals ......
Economy
Govt plan to cap commissions could ruffle Ola, Uber feathers
India plans to cap the commission taxi aggregators such as Uber and home-grown Ola earn on rides to a maximum ......
Economy
GDP in September quarter likely expanded at its weakest pace in over six years
India’s July-September economic growth is likely to be around 4%, two television channels reported, citing government sources. Asia’s...
Infrastructure
WeWork's ill-fated IPO shows market discipline: Oaktree's Marks
WeWork’s failure to go public and this year’s disappointing tech IPOs in the United States are a positive sign of...
Infrastructure
Air India will have to shut if not privatised: Minister
India’s state-run airline will have to cease operations if it is not privatised, the country’s junior minister for...
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