Reuters
General
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, ......
General
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 ......
TMT
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 ......
General
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 ......
Infrastructure
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 ......
TMT
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 ......
General
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 ......
Consumer
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 ......
Infrastructure
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 ......
TMT
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 ......