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Reuters

Nifty, Sensex rise as Reliance Industries, PSU energy stocks gain

Markets

20 November, 2019

Nifty, Sensex rise as Reliance Industries, PSU energy stocks gain

Indian shares ended higher on Wednesday, helped by gains in Reliance Industries and a surge in some public sector energy ......

Alibaba raises up to $12.9 bn via Hong Kong IPO

TMT

20 November, 2019

Alibaba raises up to $12.9 bn via Hong Kong IPO

Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion (£9.9 billion) from its landmark Hong Kong listing and ......

Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn

TMT

20 November, 2019

Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn

The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building ......

State-run banks report frauds of over $13 bn in April-September

Finance

19 November, 2019

State-run banks report frauds of over $13 bn in April-September

India’s state-run banks reported fraud worth 957.6 billion rupees ($13.34 billion) in the first six months of the fiscal year ......

Nifty, Sensex rise as banks surge; telecom stocks jump

Markets

19 November, 2019

Nifty, Sensex rise as banks surge; telecom stocks jump

Indian shares ended higher on Tuesday, led by gains in banking stocks, while shares of telecom companies surged on the ......

Tata Steel plans to cut up to 3,000 European jobs

Manufacturing

19 November, 2019

Tata Steel plans to cut up to 3,000 European jobs

Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the ......

Sensex, Nifty close almost flat; metals, PSBs gain

Markets

18 November, 2019

Sensex, Nifty close almost flat; metals, PSBs gain

Indian shares ended mostly flat on Monday, with gains in metal stocks and public sector banks (PSBs) offsetting losses in ......

Govt looks to relax norms to attract global coal miners, industry sceptical

Infrastructure

18 November, 2019

Govt looks to relax norms to attract global coal miners, industry sceptical

India is looking to lower advance payments and offer larger mining blocks to attract global companies to invest in its ......

Govt plans strategic stake sales in 28 state-run companies

Economy

18 November, 2019

Govt plans strategic stake sales in 28 state-run companies

India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies including state carrier Air ......

Saudi Aramco in race for global IPO record with $1.7 trillion top value

Infrastructure

18 November, 2019

Saudi Aramco in race for global IPO record with $1.7 trillion top value

Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below ......