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Reuters

Qatar's sovereign wealth fund builds small stake in Bank of America and Samsung

General

31 October, 2013

Qatar's sovereign wealth fund builds small stake in Bank of America and Samsung

Qatar Holding has built small stakes in Bank of America and Samsung Electronics, two sources familiar with the matter said, ......

PwC strikes deal to buy corporate consulting firm Booz & Co

General

31 October, 2013

PwC strikes deal to buy corporate consulting firm Booz & Co

PricewaterhouseCoopers said on Wednesday it agreed to buy Booz & Co., ratcheting up an aggressive move by large audit firms ......

Bharti Airtel Q2 profit drops but operating performance boosts outlook

TMT

30 October, 2013

Bharti Airtel Q2 profit drops but operating performance boosts outlook

Bharti Airtel Ltd's better-than-expected operating performance and higher margins reinforced expectations that India's long-suffering mobile phone services market is turning ......

BSE Sensex marks record closing high at 21,034

General

30 October, 2013

BSE Sensex marks record closing high at 21,034

The BSE Sensex closed at a record high on Wednesday as telecoms firms such as Bharti Airtel surged after reporting ......

Indian government to ask Reliance to give up 80% of D6 gas block

Infrastructure

29 October, 2013

Indian government to ask Reliance to give up 80% of D6 gas block

India will ask Reliance Industries Ltd to relinquish 80 percent of its east coast deepwater D6 gas block, including five ......

Vodafone seeks to buy out minority shareholders in India unit for $1.7B

TMT

29 October, 2013

Vodafone seeks to buy out minority shareholders in India unit for $1.7B

Vodafone Group Plc has sought approval from the authorities to raise its stake in the India unit for 101.41 billion ......

RBI expects inflation to stay near current levels

General

28 October, 2013

RBI expects inflation to stay near current levels

The Reserve Bank of India said it expects inflation to remain near current elevated levels for the remainder of the ......

HUL beats earnings expectation but volume growth disappoints in Q2

Consumer

28 October, 2013

HUL beats earnings expectation but volume growth disappoints in Q2

Sales growth at Hindustan Unilever slowed for the sixth straight quarter between July and September and India's largest consumer goods ......

Investors and developers including DLF preparing for asset-backed property bonds

Infrastructure

25 October, 2013

Investors and developers including DLF preparing for asset-backed property bonds

Indian property firms, including DLF Ltd, are gearing up to sell the country's first bonds backed by rental income from ......

Twitter to be valued at $11B at IPO

TMT

25 October, 2013

Twitter to be valued at $11B at IPO

Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial ......