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All you want to know about Xiaomi's $10 bn IPO

TMT

03 May, 2018

All you want to know about Xiaomi's $10 bn IPO

Smartphone maker Xiaomi has filed for an initial public offering that could be the largest by a Chinese tech company ......

Debt-laden Lanco Infratech to file for potential liquidation

Infrastructure

03 May, 2018

Debt-laden Lanco Infratech to file for potential liquidation

India’s Lanco Infratech Ltd said on Thursday a panel of its creditors has not approved an insolvency resolution plan and...

SoftBank in fight to up Ola stake; Amazon's Flipkart bid said to be not high enough

General

03 May, 2018

SoftBank in fight to up Ola stake; Amazon's Flipkart bid said to be not high enough

SoftBank Group Corp is in a boardroom battle with cab aggregator Ola co-founder Bhavish Aggarwal after the latter blocked the ......

US Fed holds interest rates steady, on track for June hike

Economy

03 May, 2018

US Fed holds interest rates steady, on track for June hike

The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near ......

Mark Mobius floats new investment firm; India on radar

Finance

02 May, 2018

Mark Mobius floats new investment firm; India on radar

Veteran emerging markets fund manager Mark Mobius has teamed up with two former colleagues from U.S. asset manager Franklin Templeton ......

Sensex ends flat as financials, IT stocks weigh

Markets

02 May, 2018

Sensex ends flat as financials, IT stocks weigh

The NSE Nifty index ended marginally lower after volatile trading on Wednesday, while the BSE Sensex was nearly flat, as ......

India factory output expands in April for ninth straight month

Manufacturing

02 May, 2018

India factory output expands in April for ninth straight month

Indian factory growth accelerated in April on strong domestic demand and output, a business survey showed on Wednesday, while price ......

Equis may sell hydropower platform; five suitors for Blackstone-controlled Intelenet

General

02 May, 2018

Equis may sell hydropower platform; five suitors for Blackstone-controlled Intelenet

Singapore-based infrastructure developer and fund manager Equis Pte. Ltd is looking to sell its Indian hydropower platform Hydreq for Rs ......

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Electric two-wheeler startup Ather Energy hires banker for large fundraise

Consumer

01 May, 2018

Electric two-wheeler startup Ather Energy hires banker for large fundraise

Tiger Global-backed electric two-wheeler maker Ather Energy Pvt. Ltd is gearing up to raise fresh capital as it prepares for ......

India's infrastructure output growth slows to three-month low

Infrastructure

01 May, 2018

India's infrastructure output growth slows to three-month low

India's infrastructure growth slowed to a three-year low of 4.2 percent in the fiscal year ending in March, indicating Prime ......

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