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Reuters

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Finance

06 November, 2019

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed, ......

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

Finance

06 November, 2019

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a ......

CBI registers 42 new bank fraud cases totalling $1 bn

Finance

06 November, 2019

CBI registers 42 new bank fraud cases totalling $1 bn

India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......

India stocks remain most expensive in Asia

Markets

05 November, 2019

India stocks remain most expensive in Asia

Asian stocks saw a rise in valuations in October as equities surged on signs that Washington and Beijing were nearing ......

Is the world's biggest trade pact a missed opportunity for India?

Economy

05 November, 2019

Is the world's biggest trade pact a missed opportunity for India?

Although India pulled out at the last minute, China and 14 other countries agreed in Bangkok this week on plans ......

ReNew Power backer CPPIB buys American-Japanese clean energy firm Pattern

Infrastructure

05 November, 2019

ReNew Power backer CPPIB buys American-Japanese clean energy firm Pattern

Renewable power producer Pattern Energy Group Inc. said on Monday it agreed to be taken private by the Canada Pension ......

IndiGo, Qatar Airways to announce strategic deal

Infrastructure

05 November, 2019

IndiGo, Qatar Airways to announce strategic deal

India’s largest airline, IndiGo, and Qatar Airways will make a strategic business announcement on Thursday, which media reports said would ......

India's October services activity contracts for second straight month

Economy

05 November, 2019

India's October services activity contracts for second straight month

Activity in India’s dominant services industry contracted for a second consecutive month in October due to muted demand, a private ......

Asia trade pact doesn't reflect India's interests, decided not to join: PM Modi

Economy

05 November, 2019

Asia trade pact doesn't reflect India's interests, decided not to join: PM Modi

India’s Prime Minister Narendra Modi said on Monday that he could not compromise the interests of farmers and workers at ......

Sensex, Nifty rise; Bharti Infratel top gainer

Markets

04 November, 2019

Sensex, Nifty rise; Bharti Infratel top gainer

Indian shares closed higher on Monday, helped by the government's plan to offer further tax reforms and more capital to ......