Reuters
Finance
Kotak Mahindra Bank to launch $867 mn share sale
Kotak Mahindra Bank Ltd plans to launch a qualified institutional placement of shares to raise about Rs 5,600 crore ($867 ......
Finance
Consumer stocks power Sensex to new peak
Indian shares hit a record high on Wednesday as shares of consumer goods and agriculture-dependent companies rallied after the country's ......
TMT
How Amazon outsmarted rivals in battle of the shopping bots
Earlier this year, engineers at Wal-Mart Stores Inc who track rivals' prices online got a rude surprise: the technology they ......
TMT
Apple becomes first US company with $800 bn market value
Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more ......
TMT
How Japan's SoftBank is leading a shake-up in India's e-commerce sector
After ploughing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan's SoftBank is ......
Economy
Urjit Patel-led RBI to focus on 4% inflation target
Under Governor Urjit Patel, the Reserve Bank of India (RBI) will target inflation of 4 percent, three officials familiar with ......
TMT
Tesla, Netflix potential takeover targets for Apple: Citi report
Citigroup listed seven companies as potential takeover targets for Apple Inc, including Netflix, Walt Disney and Tesla Inc, as a ......
Manufacturing
LafargeHolcim units ACC, Ambuja Cement to explore merger
India's Ambuja Cements Ltd said on Friday it was considering the merits of a merger with its subsidiary ACC Ltd.Analysts ......
Finance
Govt notifies rules to resolve $150-bn bad loan mess
India has tweaked rules to help tackle the record $150 billion in troubled bank debts, giving the Reserve Bank of ......
Economy
Stocks slip after touching record high
The Nifty hit a record high in early trade on Friday, but reversed course to trade lower amid weak Asian ......
