Reuters
Economy
ADB slashes India growth estimate as global trade tensions escalate
Escalating trade tensions between the United States and China have darkened the outlook for developing Asia, with the region expected ......
People
RCom CEO steps down to focus on US unit's bankruptcy process
Indian telecom company Reliance Communications Ltd’s (RCom) (RLCM.NS) Chief Executive Officer Bill Barney will step down but remain as head ......
Markets
Nifty, Sensex end little changed; Reliance Industries gains
Indian shares ended little changed on Tuesday, as investors paused after a two-session rally and waited for further stimulus from ......
Finance
Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn
German insurer Allianz (ALVG.DE), Nippon Life and MS&AD Insurance (8725.T) are vying with rivals to buy the Singapore and Vietnam ......
Consumer
Budweiser maker AB InBev's Asia unit raises $5 bn via IPO
Anheuser-Busch InBev (AB InBev) (ABI.BR) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at ......
Manufacturing
Corporate tax cut may boost smartphone manufacturing in India
India’s lower corporate tax rate will help its smartphone industry expand, fuel research and development (R&D) investment and attract higher-value ......
People
SoftBank turns against WeWork CEO Adam Neumann
Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......
Infrastructure
Govt aims to sell Air India, other firms by March 2020: Official
India aims to sell two or three state-owned firms to local or foreign firms to raise up to 600 billion ......
Markets
Sensex, Nifty extend rally; IT stocks cap gains
Indian shares jumped nearly 3% on Monday, extending sharp gains from the previous session as a surprise move by the ......
Finance
PE-backed Altico Capital evaluating options after default
India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on ......
