Reuters
Manufacturing
HPCL says more scope for overseas buys after merging with ONGC
State refiner Hindustan Petroleum Corp Limited (HPCL) sees itself better placed to buy overseas downstream assets once it becomes part ......
Finance
Blackstone raising at least $3 bn in first Asia private equity fund
Blackstone Group LP is seeking to raise up to $3 billion in its first Pan-Asia buyout fund for investments in ......
TMT
Facebook to launch news subscription product
Facebook Inc plans to launch a subscription-based news product, and will begin initial tests in October, TheStreet reported on Tuesday, ......
Manufacturing
Govt clears plan to sell stake in Hindustan Petroleum to ONGC
India has approved explorer Oil and Natural Gas Corp's (ONGC) plan to buy its 51.1 percent stake in state-refiner Hindustan ......
Finance
Banks face $37 bn hit from top 50 stressed assets, says CRISIL
Indian banks may have to write off 60 percent of the value of bad loans from their 50 large stressed ......
TMT
Google overhauls mobile search app, adds personalised feed
Google on Wednesday announced an overhaul of its search app on mobile phones to include a personalized feed of links ......
Finance
How bets on Uber and other unicorns hurt mutual fund giant Fidelity
Fidelity's bets on unicorn companies, the rare private firm or startup that grows in value to at least $1 billion, ......
TMT
SoftBank, GM invest in US self-driving startup Nauto
General Motors Co and Japan's Softbank Group Corp are among the latest investors in Nauto, a Silicon Valley startup developing ......
Infrastructure
Air India plans voluntary retirement scheme to staff ahead of stake sale
Air India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees, ......
Finance
KKR outlines succession plan, appoints two co-presidents
KKR & Co LP, the private equity firm founded and headed by Henry Kravis and George Roberts, said on Monday ......
