Markets
Finance
Reliance Capital to exit lending business, shares hit two-decade low
Indian financial services company Reliance Capital Ltd will exit the lending business, group Chairman Anil Ambani said on Monday,...
Consumer
Budweiser maker AB InBev's Asia unit gains in Hong Kong trading debut
Shares in AB InBev’s Asia-Pacific unit, which last week raised about $5 billion after relaunching its initial public offering...
Manufacturing
Shyam Steel Industries gets SEBI approval for IPO
Shyam Steel Industries Ltd, a Kolkata-based company that makes thermo-mechanically treated reinforcement bars, has received regulatory...
Markets
US SEC finalises rule allowing IPO-bound companies to test the waters
The U.S. Securities and Exchange Commission on Thursday finalized a new rule that allows all companies to privately sound out...
Markets
Sensex rises this week on govt move to cut corporate taxes
Indian shares closed lower on Friday, pressured by auto and metal stocks, as investors hoped for more stimulus to revive ......
Markets
Sensex rises as Trump signals possible end to trade war
Indian shares rose on Thursday as US President Donald Trump signalled a possible deal that could end the 15-month long ......
Finance
Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out
Axis Bank, India's third-largest private-sector lender, has raised Rs 12,500 crore ($1.76 billion) by selling shares to institutional...
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-headquartered company SAMHI Hotels Ltd, which owns the largest number of hotels chains of Marriot, IHG and Hyatt in India,...
TMT
Online ticketing giant IRCTC seeks $721 mn valuation via IPO
State-run Indian Railway Catering and Tourism Corp. (IRCTC), which provides online ticketing service for the world’s fourth-biggest...
Markets
Sensex, Nifty drop amid Trump impeachment inquiry, trade-war fears
Indian shares ended lower on Wednesday as calls for an impeachment of US President Donald Trump rattled investors, with state-owned...
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