Reuters
Finance
Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit
Citigroup Inc on Friday named Douglas Adams and James Fleming global co-heads of its equity capital markets business, which helps ......
Markets
Nifty, Sensex rise ahead of inflation data; Infosys drops
Indian shares ended higher on Monday, buoyed by auto and real estate stocks, as investors awaited headline inflation data due ......
Manufacturing
Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe
India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power & Steel Limited ......
Economy
World Bank slashes India's growth forecast to 6% for this fiscal year
The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......
Infrastructure
Indian real estate slump leaves beleaguered banks exposed
India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......
Manufacturing
Industrial output shrinks at fastest rate in more than six years
India’s industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an ......
Manufacturing
Car sales slump again in September as slowdown persists
India's passenger vehicle sales slumped 23.7% in September, the eleventh straight month of declines, prompting an industry body to flag ......
Markets
Sensex, Nifty slide as banks slump; earnings in focus
Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy, following allegations of ......
Infrastructure
WeWork India fights for funds after talks with ICICI Bank collapse
WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since ......
