Reuters
TMT
Uber posts $1 bn loss in first quarterly report after going public
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its ......
Infrastructure
Adani wins one of last two permits it needs for Australia coal mine
The Australian state of Queensland on Friday approved Adani Enterprise’s management plan for an endangered bird at the site for ......
Economy
India may lose spot as fastest-growing economy as PM Modi's second term begins
India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill ......
Markets
Nifty, Sensex close higher ahead of PM Modi's swearing-in ceremony
Indian shares closed higher on Thursday, with NTPC Ltd and Yes Bank Ltd leading gains on the day of monthly ......
TMT
Swiggy, MakeMyTrip backer Naspers to list internet businesses on Euronext in July
South African conglomerate Naspers plans to float consumer internet businesses with assets valued at more than 100 billion euros ($112 ......
Finance
Asia hedge funds struggle to benefit from investor enthusiasm
Asian hedge funds are struggling to benefit from strong investor interest in the region in the face of patchy liquidity, ......
Finance
Abraaj founder released from custody after paying $19 mn bail
Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail ......
Finance
IFC to lead debt investment of $222 mn in NBFC Cholamandalam
India's Cholamandalam Investment and Finance Company Ltd said on Wednesday it would raise $222 million in debt funds in an ......
Markets
Sensex ends in the red as financial stocks take a hit
Indian shares settled lower on Wednesday, dented by financial and material stocks such as State Bank of India and JSW ......
General
Finance minister Arun Jaitley asks not to be part of new Modi govt
Arun Jaitley, India's finance minister, has asked Prime Minister Narendra Modi not to give him a ministerial position in the new ......
