Reuters
General
IMF slashes India growth forecast for FY17, FY18 on cash clampdown
The International Monetary Fund on Monday raised its forecast for China's economic growth this year by 0.3 percentage points to ......
TMT
Infosys trims revenue outlook as outsourcers brace for tighter U.S. regime
Infosys Ltd, India's second-biggest software services exporter, pared its full-year revenue growth outlook as it fights uncertainties in its biggest ......
TMT
Flipkart's management rejig hints shift to margins over volume
Even before he was appointed to run India's biggest e-commerce company, Kalyan Krishnamurthy had signaled a change: as head of ......
General
India consumer inflation eases to two-year low in December
India's annual consumer price inflation eased to a lower-than-expected 3.41 percent in December, its lowest level in more than two ......
General
Supreme Court warns Sahara's Subrata Roy to pay $88 mn on time or go back to jail
The Supreme Court on Thursday rejected a request from the Sahara conglomerate to be given more time to deposit 6 ......
General
Ahead of budget, RBI chief Patel seeks lower government debt
Reserve Bank of India (RBI) Governor Urjit Patel urged the government to make progress in reducing high federal and state ......
Consumer
Alibaba leads $2.55 bn bid for Chinese retailer Intime
E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take ......
Manufacturing
India December auto sales post steepest drop in 16 years on cash woes
India's automobile sales saw their biggest monthly fall in 16 years in December after Prime Minister Narendra Modi's ban on ......
Consumer
McDonald's sells most of China, Hong Kong business to CITIC, Carlyle for $2.1 bn
McDonald's Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd ......
General
Tax figures show little disruption from demonetisation, says Jaitley
Finance Minister Arun Jaitley on Monday flaunted robust tax receipts to dismiss reports of economic disruption following Prime Minister Narendra ......
