Reuters
Finance
RBI sets norms for banks' investment in REITs, InvITs
The Reserve Bank of India issued guidelines on Tuesday for investments by commercial banks in Real Estate Investment Trusts (REITs) ......
General
Vijay Mallya arrested in London; extradition hearing begins
Flamboyant Indian businessman Vijay Mallya, pursued by authorities over unpaid loans tied to his defunct Kingfisher Airlines, was arrested in ......
Finance
Sensex reverses gains on global concerns
Indian shares erased gains to end lower on Tuesday, tracking weak global markets, as investors pruned exposure to risk assets ......
Infrastructure
Govt plans stake sales worth $5.4 bn in Indian Oil, six other state-run firms
India plans to sell stakes worth $5.4 billion in seven state-run companies during the current financial year as Asia's third-largest ......
TMT
Uber posts $2.8 bn loss in 2016; revenue hits $6.5 bn
Ride-hailing service Uber Technologies Inc generated $6.5 billion in revenue last year and its gross bookings doubled to $20 billion, ......
Finance
SBI expects $465 mn profit boost after merging associate banks
The head of State Bank of India, the country's largest lender, said she expects a boost to annual profit of ......
TMT
Uber CEO's iron grip makes COO search challenging
A chief operating officer to help change a Silicon Valley giant's now-notorious "bro" culture, but who can thrive in a ......
Finance
Weak Infosys guidance drags Sensex down
Indian shares fell on Thursday, dragged by technology stocks, after Infosys Ltd's revenue outlook and plan to return cash to ......
TMT
Infosys to return $2 bn to shareholders; names Ravi Venkatesan co-chairman
Infosys Ltd (INFY.NS), India's second-biggest software services exporter, said on Thursday it would return up to $2 billion to shareholders, ......
Finance
Consumer inflation jumps to five-month high on higher fuel costs
Higher fuel costs drove up India's headline inflation to its highest level in five months in March, data showed, vindicating ......
