Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
Economy
Tax officials find PM Modi's targets too taxing, some quit
India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect...
TMT
Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues
Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making...
Finance
Norwest Venture Partners closes $2 bn fund, its biggest to date
Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date ......
Finance
CBI set to file fresh charges in $2 bn Punjab National Bank fraud case
The Central Bureau of Investigation will soon file fresh charges in the $2 billion Punjab National Bank (PNB) fraud case ......
Markets
Sensex, Nifty rise as ICICI, Infosys lead gains
Indian shares settled higher on Thursday, led by gains in financial and IT stocks with shares of Infosys Ltd closing ......
Finance
India's love for cash hinders move to digital economy despite demonetisation push
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and...
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
Finance
Dewan Housing lenders get temporary relief on $5.6 bn loans
An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting...
Economy
Retail inflation breaches RBI target, quickens to 4.62% in October
India’s retail inflation rate rose to 4.62% in October, driven by higher food prices, the government said on Wednesday. Annual...
Markets
Sensex, Nifty decline on weak rupee, factory data
Indian shares closed lower on Wednesday, hurt by a weaker rupee and a fall in factory output data, while investors ......