Reuters
Finance
KKR targets record $15 bn for new Asia-focused fund
Global private equity group KKR & Co Inc (KKR.N) is targeting a record $15 billion (£11.7 billion) for its new ......
Infrastructure
Keen to buy stake in IndiGo but will wait, says Qatar Airways
Top Indian airline IndiGo said on Thursday it signed a one-way codeshare agreement with Qatar Airways, letting the Middle Eastern ......
Finance
Govt not planning to help banks rescue shadow lender Dewan Housing
India’s government has no plans to participate in the rescue of Dewan Housing Finance Corporation Ltd, according to two sources ......
Finance
Bahrain's Investcorp floats $500 mn fund to invest in Asian food sector
Middle Eastern fund Investcorp is joining forces with Chinese partners to spend up to $500 million buying food brands and ......
Finance
Slowing Indian economy spells tough times ahead for the rupee
A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism ......
Infrastructure
Govt approves $1.4 bn for fund to help stalled housing projects
India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance Minister ......
Infrastructure
Cabinet to review BPCL sale proposal next week
India’s cabinet is expected to evaluate a proposal to sell the government’s stake in state-run Bharat Petroleum Corp (BPCL.NS) next ......
Finance
India leads downgrades as analysts cut Asian firms' 2019 profit outlook
Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed, ......
Finance
SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble
SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a ......
Finance
CBI registers 42 new bank fraud cases totalling $1 bn
India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......
