Reuters
Finance
Govt considering steps to revive economy, says finance minister Jaitley
India is considering ways to revive its slowdown-hit economy and will unveil the “necessary” steps once Prime Minister Narendra Modi ......
Consumer
How $5 bn debt demolished Toys ‘R' Us and bled marquee PE owners Bain, KKR
Toys “R” Us Inc has been making $400 million in interest payments on its debt every year, largely due to ......
Manufacturing
Tata Steel, Thyssenkrupp sign initial pact for European steel merger
Germany’s Thyssenkrupp and India’s Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a ......
TMT
Uber reviews Asia business amid US bribery probe
Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a ......
Finance
Higher M&A fee helps I-bank Jefferies double Q3 profit
US investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and ......
People
Goldman Sachs names new chairman for Asia Pacific
Goldman Sachs Group Inc has named veteran banker Ken Hitchner as its new chairman and chief executive officer in Asia ......
Manufacturing
Mahindra, Ford explore strategic alliance
Indian automaker Mahindra and Mahindra Ltd and Ford Motor Co said on Monday the two companies are exploring forming a ......
Markets
NSE Nifty hits record high joining Asian rally
The Nifty hit an all-time high on Monday, joining a rally in Asian shares, with banks, diversified conglomerates and automobile ......
Economy
India's current account deficit widens to four-year high in April-June
India’s April-June current account deficit widened to its highest in four years as imports surged, but strong capital inflows comfortably ......
TMT
Angry Bird maker Rovio moves ahead with IPO at $1.1 bn valuation
Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing that would value ......
