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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.

Pfizer adds $600 mn to VC arm; 25% to flow into early-stage neuroscience research

Healthcare

07 June, 2018

Pfizer adds $600 mn to VC arm; 25% to flow into early-stage neuroscience research

Pfizer Inc said on Wednesday it planned to invest $600 million in its venture capital fund, a quarter of which ......

Kuwaiti lender may nix Abraaj debt settlement, push PE firm to liquidation

Finance

07 June, 2018

Kuwaiti lender may nix Abraaj debt settlement, push PE firm to liquidation

A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity ......

Sensex snaps losing streak after RBI opts for rate hike

Markets

06 June, 2018

Sensex snaps losing streak after RBI opts for rate hike

Indian shares snapped a three-day losing streak to end higher on Wednesday after the Reserve Bank of India raised the ......

BigBasket backer Abraaj seeks debt standstill; Cerberus may buy PE unit

Finance

05 June, 2018

BigBasket backer Abraaj seeks debt standstill; Cerberus may buy PE unit

Private equity firm Abraaj said on Monday it hopes to reach a deal with its secured creditors, although sources said ......

Sensex, Nifty close lower again as L&T, Infosys pull down indexes

Markets

05 June, 2018

Sensex, Nifty close lower again as L&T, Infosys pull down indexes

Indian shares ended lower for a third straight session on Tuesday amid caution ahead of the central bank's policy decision, ......

India services activity contracts in May on weak demand

Economy

05 June, 2018

India services activity contracts in May on weak demand

Activity in India's service industry shrank in May for the first time in three months as new orders stagnated, but ......

Sensex erases early gains to close lower ahead of RBI policy meeting

Markets

04 June, 2018

Sensex erases early gains to close lower ahead of RBI policy meeting

Indian shares ended lower for the second consecutive session on Monday, dragged by financials amid caution ahead of the central ......

IDBI Bank CEO Mahesh Jain appointed RBI deputy governor

People

04 June, 2018

IDBI Bank CEO Mahesh Jain appointed RBI deputy governor

The government on Monday appointed IDBI Bank Ltd Chief Executive Officer Mahesh Kumar Jain as a deputy governor of the ......

Former SoftBank COO Nikesh Arora joins cybersecurity firm

People

04 June, 2018

Former SoftBank COO Nikesh Arora joins cybersecurity firm

Cybersecurity firm Palo Alto Networks Inc said on Friday it named former SoftBank Group Corp president Nikesh Arora as chief ......

Sensex closes lower as financial stocks weigh on sentiment

Markets

01 June, 2018

Sensex closes lower as financial stocks weigh on sentiment

Indian shares ended lower on Friday, weighed down by losses in financials stocks such as HDFC Bank Ltd, while gains ......