Reuters
General
SBI net profit falls 13.6%; shares drop
State Bank of India (SBI), the country's largest lender, posted a second consecutive drop in quarterly net profit, missing estimates, ......
Others
India finally updates 1950s company laws
India ratified its first major overhaul of company law in more than 50 years on Thursday, seeking to strengthen accounting ......
Others
Carlyle's dry powder rises to $49B in Q2, total AUM at $180.4B; fundraising cost up
Carlyle Group LP on Wednesday posted a second-quarter profit after a year-ago loss, but it fell short of Wall Street's ......
Consumer
Blackstone prepares to take Hilton public
Blackstone Group LP has selected banks to lead an initial public offering of Hilton Worldwide Inc as it prepares to ......
Infrastructure
Government should cap local gas prices says parliamentary panel
India should cap local gas prices after a scheduled rise in April to avoid hurting the slowing economy, a parliamentary ......
TMT
Cognizant raises forecast as discretionary spending returns
Cognizant Technology Solutions Corp reported better-than-expected quarterly results and raised its forecast for the year as clients in North America ......
General
Raghuram Rajan appointed as next RBI governor
India named Raghuram Rajan, a prominent former International Monetary Fund chief economist who in 2005 predicted the global financial crisis, ......
General
Sensex tumbles 450 points after rupee hits record low
The BSE Sensex slumped nearly 2.5 per cent on Tuesday as lenders such as Yes Bank fell on fears that ......
General
Aviva planning sale of India life insurance stake
Aviva PLC is planning to pull out of its Indian insurance joint venture, valued at more than $500 million, ......
General
With few big deals, private equity moves to be Asia's new banker
In three years, global private equity firm KKR & Co has provided over $1.5 billion in loans to companies in ......