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Reuters

CDPQ unit Ivanhoe aims to double India real estate investments

Infrastructure

22 February, 2018

CDPQ unit Ivanhoe aims to double India real estate investments

The real estate arm of Canada’s second-largest pension fund manager wants to “more than double” the C$800 million ($631 million) ......

Sensex, Nifty back in the green after three sessions

Markets

21 February, 2018

Sensex, Nifty back in the green after three sessions

Indian shares ended higher on Wednesday, snapping three sessions of losses, as IT stocks such as HCL Technologies Ltd and ......

UK billionaire Sanjeev Gupta's GFG Alliance pursuing auto, steel assets in India

Manufacturing

21 February, 2018

UK billionaire Sanjeev Gupta's GFG Alliance pursuing auto, steel assets in India

British billionaire Sanjeev Gupta said his GFG Alliance has no plans to slow its rapid pace of acquisitions over the ......

Pen maker Rotomac Global, bank officials accused of $454 mn loan fraud

Finance

19 February, 2018

Pen maker Rotomac Global, bank officials accused of $454 mn loan fraud

The Central Bureau of Investigation (CBI) said on Monday it has registered a case against pen maker Rotomac Global and ......

Sensex, Nifty fall as state-run lenders extend losses

Markets

19 February, 2018

Sensex, Nifty fall as state-run lenders extend losses

Indian shares ended lower on Monday, with sentiment hurt as state-run lenders extended losses over worries about a $1.77 billion ......

Sembcorp Industries to reorganise India energy business

Infrastructure

19 February, 2018

Sembcorp Industries to reorganise India energy business

Singapore-based Sembcorp Industries said on Monday it would reorganise its India energy operations into a single entity, citing a more ......

PNB case only a fraction of $10 bn 'loan frauds' at Indian banks in last 5 years

Finance

16 February, 2018

PNB case only a fraction of $10 bn 'loan frauds' at Indian banks in last 5 years

Investors may have been shocked when one of India's biggest banks disclosed a $1.77 billion fraud by billionaire jeweller Nirav ......

Sensex, Nifty close nearly 1% lower as PNB shares continue to slide

Markets

16 February, 2018

Sensex, Nifty close nearly 1% lower as PNB shares continue to slide

Indian shares ended lower on Friday, as financial stocks fell with Punjab National Bank down for a third straight session ......

India's trade deficit widens to $16.30 bn in January

Finance

15 February, 2018

India's trade deficit widens to $16.30 bn in January

India’s trade deficit widened to $16.30 billion in January from $14.88 billion in the previous month, government data showed on ......

RBI willing to pump more cash into banks to manage liquidity mismatches

Markets

15 February, 2018

RBI willing to pump more cash into banks to manage liquidity mismatches

The Reserve Bank of India will be ready to inject adequate amount of extra cash into banks if needed ahead ......