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Banks, energy companies power Sensex higher

Others

23 March, 2017

Banks, energy companies power Sensex higher

Indian shares rose on Thursday, snapping a three-day losing streak as investors saw some of the losses in the previous ......

Amazon to acquire Dubai e-tailer Souq.com

TMT

23 March, 2017

Amazon to acquire Dubai e-tailer Souq.com

Amazon.com Inc has agreed in principle to buy Dubai-based internet retailer Souq.com, one of the best-known names in the Middle ......

Dow, duPont merger may hurt competition, says India regulator

Manufacturing

23 March, 2017

Dow, duPont merger may hurt competition, says India regulator

India's competition regulator said the proposed merger between Dow Chemical  and duPont was likely to hurt competition, a government statement ......

Emerging assets retreat after US markets slip

Others

22 March, 2017

Emerging assets retreat after US markets slip

Emerging assets slipped on Wednesday after a slide on Wall Street, with stocks snapping an eight-day winning streak, though the ......

US bans Divi's Laboratories factory; shares hit three-year low

Healthcare

22 March, 2017

US bans Divi's Laboratories factory; shares hit three-year low

U.S. health regulators have banned a drug production site in India belonging to Divi's Laboratories Ltd due to manufacturing violations, ......

Govt may exceed revised tax target this fiscal, says finance minister Jaitley

Finance

22 March, 2017

Govt may exceed revised tax target this fiscal, says finance minister Jaitley

India's finance minister Arun Jaitley on Wednesday said he expected the country to exceed the upwardly revised tax collection target ......

Government curbs cash transactions after demonetisation

Finance

22 March, 2017

Government curbs cash transactions after demonetisation

The Lok Sabha on Wednesday approved a ban on cash transactions above 200,000 rupees ($3,055), enacting tax measures from last ......

Idea leaves I-bankers out in $23 bn deal with Vodafone

TMT

22 March, 2017

Idea leaves I-bankers out in $23 bn deal with Vodafone

Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It's not, and big ......

India stocks fall; Idea Cellular plunges after Vodafone deal

TMT

20 March, 2017

India stocks fall; Idea Cellular plunges after Vodafone deal

Indian shares snapped a two-session winning streak to end lower on Monday as software service exporters took a hit on ......

How India and other nations are floating sovereign wealth funds–without the wealth

Finance

20 March, 2017

How India and other nations are floating sovereign wealth funds–without the wealth

Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new ......