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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.

Sensex begins FY19 with 0.9% gain driven by auto stocks

Markets

02 April, 2018

Sensex begins FY19 with 0.9% gain driven by auto stocks

Indian shares ended higher on Monday, the first trading day of the new financial year, as a recovery in global ......

India infrastructure output growth slows to 5.3% in February

Infrastructure

02 April, 2018

India infrastructure output growth slows to 5.3% in February

India's annual infrastructure output grew 5.3 percent in February from a year ago, government data showed on Monday.The growth in ......

SoftBank ties up with China's GCL System for $930 mn India solar venture

Infrastructure

02 April, 2018

SoftBank ties up with China's GCL System for $930 mn India solar venture

SoftBank Group Corp has agreed to launch a $930 million Indian joint solar energy venture with Chinese firm GCL System ......

Global M&As touch record high in Jan-March

Finance

30 March, 2018

Global M&As touch record high in Jan-March

Global mergers and acquisitions (M&A) had their strongest start ever in the first quarter of 2018, totaling $1.2 trillion in ......

Tata Power to sell defence biz to group firm for $342 mn

Manufacturing

29 March, 2018

Tata Power to sell defence biz to group firm for $342 mn

Tata Power Co. Ltd said on Thursday it will sell its defence business to Tata Advanced Systems Ltd for 22.30 ......

India set to meet FY18 fiscal deficit target, says finance ministry official

Finance

29 March, 2018

India set to meet FY18 fiscal deficit target, says finance ministry official

India will meet its fiscal deficit target of 3.5 percent of GDP for the 2017/18 fiscal year ending this month, ......

Govt kicks off process to sell 76% stake in Air India

Infrastructure

29 March, 2018

Govt kicks off process to sell 76% stake in Air India

India said on Wednesday it plans to sell a controlling stake in Air India along with roughly $5.1 billion of ......

State-run IDBI Bank discloses $119 mn fraud

Finance

28 March, 2018

State-run IDBI Bank discloses $119 mn fraud

IDBI Bank Ltd said on Tuesday fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its ......

Sensex closes higher as bank stocks have another good day

Markets

27 March, 2018

Sensex closes higher as bank stocks have another good day

Indian shares closed higher for a second straight session on Tuesday, with lenders such as State Bank of India among ......

GSK to assess shareholding in Indian subsidiary after $13 bn Novartis buyout

Healthcare

27 March, 2018

GSK to assess shareholding in Indian subsidiary after $13 bn Novartis buyout

GlaxoSmithKline is buying Novartis out of their consumer healthcare joint venture for $13 billion, taking full control of products including ......