Reuters
Infrastructure
Saudi Aramco aims to begin planned IPO on November 3
Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct ......
Manufacturing
Indian steelmakers face debt challenges after snapping up stressed assets
India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their bottom lines ......
TMT
Google owner Alphabet makes offer to acquire Fitbit
Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc, as it eyes a ......
Manufacturing
Liberty House's Sanjeev Gupta to merge steel operations ahead of possible IPO
British commodities tycoon Sanjeev Gupta will merge his family's steel operations by the end of the year into a new ......
Consumer
Govt probe finds AB InBev, Carlsberg, United Breweries colluded on prices
The investigations unit of India’s Competition Commission has concluded that Anheuser-Busch InBev (ABI.BR), Carlsberg (CARLb.CO) and United Breweries (UBBW.NS) colluded ......
TMT
Vodafone Idea to seek govt waiver on payments after court ruling
Loss-making Indian mobile carrier Vodafone Idea will ask the federal government for relief on payments of at least $4 billion ......
Markets
Nifty, Sensex close lower for the week
Indian shares eked out minor gains on Friday ahead of a local holiday, as a rally in State Bank of ......
Infrastructure
What led WeWork to accept SoftBank offer
Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation ......
Infrastructure
SoftBank to write down at least $5 bn for WeWork, Uber, other losses
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......