Reuters
Finance
RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing
Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......
Finance
Multinational companies face heftier tax hit in biggest overhaul for decades
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under ......
Markets
Sensex, Nifty snap losing streak ahead of earnings season
Indian shares closed 1.7% higher on Wednesday after six consecutive sessions of declines, with the banking sector leading gains, as ......
Economy
IMF chief warns of ‘synchronized slowdown' in global growth
The global economy is experiencing a “synchronized slowdown,” the new head of the International Monetary Fund said on Tuesday, warning ......
Markets
Nifty, Sensex mark worst losing streak since July
Indian shares ended lower for a sixth straight session on Monday, led by losses in steelmakers and energy stocks as ......
Markets
Indian equities lure foreign money in September on corporate tax cuts
India and Taiwan equities received strong foreign inflows in September due to some local factors, but other regional markets saw ......
Finance
SoftBank CEO Masayoshi Son says "embarrassed" by track record
SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business ......
Finance
World's largest sovereign wealth fund to spend less money next year
Norway plans to spend less money next year from its $1.1 trillion sovereign wealth fund, the world's largest, as economic ......
Infrastructure
Malaysia's Petronas sets up $350 mn venture capital fund
Malaysia's state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial ......
Finance
HSBC may cut up to 10,000 jobs to slash costs
HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......