Reuters
Finance
Family offices sprout as growth in Asia-Pacific trumps US, Europe
The number of family offices -- companies that manage portfolios for individual families -- has risen by 38% over the ......
Finance
Will the budget proposal to raise taxes on the rich hit foreign investment inflows?
The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million ......
Finance
Actis takes on management of two Abraaj funds
Private equity firm Actis said on Monday it had acquired the rights to manage two private equity funds previously managed ......
Markets
Sensex, Nifty end higher as Infosys jumps to record
Indian shares settled higher on Monday, as IT giant Infosys Ltd surged to an all-time high on the back of ......
Finance
India business sentiment in June lowest since 2016: Survey
India’s slowing economic growth, water shortage and regulatory hurdles have taken its business sentiment in June to the lowest level ......
Finance
ADIA to boost active fixed-income exposure; bullish on India
Abu Dhabi Investment Authority (ADIA), the world's third-biggest sovereign wealth fund, plans to increase active investments in fixed-income in the ......
Consumer
Budweiser beer maker AB InBev scraps Asia IPO
Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific ......
Consumer
Future Enterprises CFO arrested over unpaid customs duties
Indian federal authorities arrested a top executive at the retail conglomerate Future Group, one of the largest retailers in the ......
Finance
Allahabad Bank reports $259 mn alleged fraud by Bhushan Power & Steel
India's Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker ......
Finance
Dewan Housing Finance says facing substantial stress, may not survive
One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation ......
