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Reuters

Suzuki joins Ford, other foreign automakers in rethinking India strategy

Manufacturing

08 November, 2019

Suzuki joins Ford, other foreign automakers in rethinking India strategy

Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen ......

WhatsApp adds shopping catalog feature, courting e-commerce

TMT

08 November, 2019

WhatsApp adds shopping catalog feature, courting e-commerce

Facebook Inc on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building ......

Moody's cuts India's outlook to 'negative' on economic growth worries

Economy

08 November, 2019

Moody's cuts India's outlook to 'negative' on economic growth worries

Moody’s Investors Service on Thursday cut India’s ratings outlook to “negative” from “stable”, citing increasing risks that growth in Asia’s ......

KKR targets record $15 bn for new Asia-focused fund

Finance

07 November, 2019

KKR targets record $15 bn for new Asia-focused fund

Global private equity group KKR & Co Inc (KKR.N) is targeting a record $15 billion (£11.7 billion) for its new ......

Keen to buy stake in IndiGo but will wait, says Qatar Airways

Infrastructure

07 November, 2019

Keen to buy stake in IndiGo but will wait, says Qatar Airways

Top Indian airline IndiGo said on Thursday it signed a one-way codeshare agreement with Qatar Airways, letting the Middle Eastern ......

Govt not planning to help banks rescue shadow lender Dewan Housing

Finance

07 November, 2019

Govt not planning to help banks rescue shadow lender Dewan Housing

India’s government has no plans to participate in the rescue of Dewan Housing Finance Corporation Ltd, according to two sources ......

Bahrain's Investcorp floats $500 mn fund to invest in Asian food sector

Finance

07 November, 2019

Bahrain's Investcorp floats $500 mn fund to invest in Asian food sector

Middle Eastern fund Investcorp is joining forces with Chinese partners to spend up to $500 million buying food brands and ......

Slowing Indian economy spells tough times ahead for the rupee

Finance

07 November, 2019

Slowing Indian economy spells tough times ahead for the rupee

A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism ......

Govt approves $1.4 bn for fund to help stalled housing projects

Infrastructure

07 November, 2019

Govt approves $1.4 bn for fund to help stalled housing projects

India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance Minister ......

Cabinet to review BPCL sale proposal next week

Infrastructure

06 November, 2019

Cabinet to review BPCL sale proposal next week

India’s cabinet is expected to evaluate a proposal to sell the government’s stake in state-run Bharat Petroleum Corp (BPCL.NS) next ......