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Reuters

Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

PNB probe reveals how lapses across levels led to $2 bn fraud

Finance

20 June, 2018

PNB probe reveals how lapses across levels led to $2 bn fraud

A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but ......

Emerging markets PE firm Abraaj gets $50 mn bid for investment management biz

Finance

19 June, 2018

Emerging markets PE firm Abraaj gets $50 mn bid for investment management biz

An Abu Dhabi Financial Group company has made a conditional $50 million offer to buy private equity firm Abraaj's investment ......

Sensex slides for second day; ICICI Bank edges lower

Markets

19 June, 2018

Sensex slides for second day; ICICI Bank edges lower

Indian shares fell for a second straight session on Tuesday, as fears of a global trade war intensified after U.S. ......

Sensex closes lower amid concerns over global trade war

Markets

18 June, 2018

Sensex closes lower amid concerns over global trade war

Indian shares fell on Monday as concerns about a global trade war turned investors cautious, with metals and information technology ......

Sensex posts fourth straight weekly gain; Infosys, TCS hit fresh highs

Markets

15 June, 2018

Sensex posts fourth straight weekly gain; Infosys, TCS hit fresh highs

Indian shares posted their fourth consecutive weekly gain on Friday, as Infosys Ltd and Tata Consultancy Services Ltd marked fresh ......

India's trade deficit widens to $14.62 bn in May

Economy

15 June, 2018

India's trade deficit widens to $14.62 bn in May

India’s merchandise exports in May rose 20.2 percent year-on-year, the trade ministry said on Friday, but the trade deficit widened ......

SoftBank to invest up to $100 bn in India's solar power sector: Report

Infrastructure

15 June, 2018

SoftBank to invest up to $100 bn in India's solar power sector: Report

SoftBank Group Corp has decided to invest $60 billion-$100 billion in solar power generation in India, Japanese public broadcaster NHK ......

Sensex closes in the red as IT stocks drag

Markets

14 June, 2018

Sensex closes in the red as IT stocks drag

Indian shares snapped a three-session winning streak to end lower on Thursday, tracking Asian peers, a day after the U.S. ......

US Fed raises rates for second time this year, hints at more hikes

Economy

14 June, 2018

US Fed raises rates for second time this year, hints at more hikes

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in ......

Sensex closes higher again; TCS gains on news of share buyback proposal

Markets

13 June, 2018

Sensex closes higher again; TCS gains on news of share buyback proposal

Indian shares ended higher for a third straight session on Wednesday, buoyed by gains in Tata Consultancy Services Ltd after ......