Reuters
Economy
India's economy grows faster-than-expected 7.8% in Jan-March
India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by government spending and resilient ......
Economy
Misuse of asset reconstruction firms to fast track insolvency process: RBI
Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after leading their firms to ......
Economy
Saudi government files papers to sell fresh stake in Aramco for potential $13 bn
Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......
People
JPMorgan Chase plans to expand staff in India by 5-7%
JPMorgan Chase plans to grow its headcount in India by 5%-7% annually over the next few years, a senior executive ......
TMT
Space startup Agnikul launches India's second privately built rocket
India's Agnikul Cosmos launched its Agnibaan rocket for the first time on Thursday, powered by the only Indian rocket engine ......
Finance
Sensex, Nifty end at 3-week low as financials, IT fall in run-up to election outcome
Indian benchmarks saw their worst session in nearly three weeks on Wednesday, dragged down by heavyweight financials and information technology ......
Finance
Some asset reconstruction firms circumventing rules, says RBI deputy governor
Some Indian asset reconstruction companies (ARCs) have been circumventing regulations and have allowed themselves to be used for the evergreening ......
Economy
S&P upgrades outlook on India's sovereign rating to 'positive'
S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on ......
Consumer
Dubai party hotel operator FIVE Holdings taps banks for IPO next year
Dubai-based party hotel operator FIVE Holdings Ltd is working with banks on a planned initial public offering next year, people ......
Manufacturing
Hindalco unit Novelis targets up to $12.6 bn valuation in US IPO
Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in ......