Reuters

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

NCLT allows Ericsson's insolvency plea against RCom; asset sale may get delayed

TMT

15 May, 2018

NCLT allows Ericsson's insolvency plea against RCom; asset sale may get delayed

The National Company Law Tribunal (NCLT) on Tuesday admitted an insolvency plea filed by Sweden’s Ericsson against Reliance Communications, potentially ......

TMT

15 May, 2018

SoftBank plans to set up a second Vision Fund in the near future

SoftBank Group Corp Chief Executive Masayoshi Son, founder of the world’s largest private equity fund, said on Tuesday a second ......

Finance

15 May, 2018

India's trade deficit widens to $13.7 bn in April

India’s trade deficit slightly widened to $13.72 billion in April from $13.25 billion a year ago, government data showed on ......

Markets

15 May, 2018

Sensex closes flat after Karnataka election results trigger major swing

Indian shares pared earlier gains to end largely flat on Tuesday after the main opposition Congress party said it would ......

Finance

15 May, 2018

Punjab National Bank posts $2 bn loss for Jan-March on Nirav Modi scam

Punjab National Bank, the fourth-biggest Indian lender by assets, posted a $1.98 billion fourth-quarter net loss after being hit by ......

Markets

14 May, 2018

Sensex closes flat ahead of Karnataka election results

Indian shares ended largely unchanged on Monday, ahead of the consumer price inflation data for April later in the day, ......

Economy

14 May, 2018

Retail inflation rises for the first time in four months

India’s annual retail inflation accelerated in April to 4.58 percent, after easing for three straight months, government data showed on ......

Finance

14 May, 2018

Govt seeks ouster of Allahabad Bank CEO, two PNB execs over Nirav Modi fraud case

India is taking steps to oust three bank executives, its banking secretary said on Monday, after police issued a list ......

Economy

11 May, 2018

India's industrial output grows 4.4% in March, lowest in 5 months

India's industrial output growth slowed to a five-month low of 4.4 percent in March, dragged down by smaller increases in ......

Markets

11 May, 2018

Sensex ends week at highest level since early February

Indian shares closed higher on Friday, helped by a recovery in financials such as Housing Development Finance Corp Ltd, while ......