Reuters
Finance
KKR hits halfway mark for $3 bn Asia infrastructure fund
Global private equity group KKR & Co has raised $1.5 billion for its first Asia-focused infrastructure fund, roughly half the ......
Infrastructure
WeWork to lay off 2,400 employees in SoftBank revamp
WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......
Finance
Bankruptcy law set to face huge test in Dewan Housing case
India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......
Markets
Nifty, Sensex inch lower; BPCL top loser
Indian shares ended lower on Thursday, dragged down by public sector stocks, as investors booked profits after the Nifty 50 ......
Finance
Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall
A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......
TMT
Sony in talks to buy stake in Mukesh Ambani's Network18 Media: Report
Japan’s Sony Corp is in talks to acquire a stake in Indian billionaire Mukesh Ambani’s TV business, Network18 Media & Investments ......
Infrastructure
Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive
India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala ......
Finance
RBI to begin bankruptcy proceedings against Dewan Housing Finance
India’s central bank said on Wednesday it would initiate bankruptcy proceedings against Dewan Housing Finance Ltd (DHFL), as it seeks ......
Finance
SEBI tightens rules on loan default disclosure for public firms
India’s publicly listed firms must disclose any failure to repay loans within 24 hours in cases where 30 days have ......
Markets
Nifty, Sensex rise as Reliance Industries, PSU energy stocks gain
Indian shares ended higher on Wednesday, helped by gains in Reliance Industries and a surge in some public sector energy ......
