Reuters
Finance
Why RBI moves are unlikely to ease pain for struggling NBFCs
The Reserve Bank of India, which also cut its benchmark policy rate by 35 basis points on Wednesday, said it ......
Consumer
Reliance Industries set to bring Tiffany jewellery stores to India
India’s Reliance Industries Ltd is partnering with iconic U.S.-based luxury jeweller Tiffany & Co to open a line of stores ......
Finance
SoftBank says Vision Fund 2 could start investing soon, bags big gains on first
SoftBank Group Corp’s (9984.T) second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi ......
Markets
Sensex drops 0.77% as RBI rate cut sparks growth concerns
Indian shares ended lower on Wednesday, after the country’s central bank announced an unconventional 35 basis-point cut in interest rates, ......
Economy
RBI makes deeper-than-expected cut in interest rates to speed up growth
The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of ......
Manufacturing
Tens of thousands losing jobs as India's auto crisis worsens
Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to ......
Infrastructure
Reliance Industries, BP form joint venture for fuel retailing
British energy group BP is deepening its ties with Indian industrial company Reliance with a new joint venture for retail ......
Consumer
India Inc earnings disappoint, slowing economy may turn festive season gloomy
India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for ......
Markets
Sensex ends higher ahead of RBI policy outcome
Indian shares closed higher on Tuesday ahead of the central bank’s monetary policy decision, with banking and financial stocks leading ......
Finance
Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor
India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take ......
