Reuters
Finance
Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn
German insurer Allianz (ALVG.DE), Nippon Life and MS&AD Insurance (8725.T) are vying with rivals to buy the Singapore and Vietnam ......
Consumer
Budweiser maker AB InBev's Asia unit raises $5 bn via IPO
Anheuser-Busch InBev (AB InBev) (ABI.BR) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at ......
Manufacturing
Corporate tax cut may boost smartphone manufacturing in India
India’s lower corporate tax rate will help its smartphone industry expand, fuel research and development (R&D) investment and attract higher-value ......
People
SoftBank turns against WeWork CEO Adam Neumann
Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......
Infrastructure
Govt aims to sell Air India, other firms by March 2020: Official
India aims to sell two or three state-owned firms to local or foreign firms to raise up to 600 billion ......
Markets
Sensex, Nifty extend rally; IT stocks cap gains
Indian shares jumped nearly 3% on Monday, extending sharp gains from the previous session as a surprise move by the ......
Finance
PE-backed Altico Capital evaluating options after default
India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on ......
Economy
Govt says no plans to revise fiscal deficit target or cut spending now
India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......
Economy
Rating firm S&P Global says India's corporate tax cuts are 'credit negative'
Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development” despite ......
Consumer
Rural demand may revive as rainfall above average for first time in six years
India is likely to receive above-average monsoon rains in 2019 for the first time in six years as seasonal rainfall ......