Reuters
Finance
Govt wants antitrust review of Big Four audit firms
The Indian government wants the country’s antitrust body to assess whether the so-called “Big Four” auditing firms and their affiliates ......
Finance
How IL&FS used favours and pressure tactics to ensure good ratings
Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies ......
Finance
Government seeks to tap foreign lenders for loans to small firms
India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......
Markets
Sensex, Nifty post second weekly loss, end at worst levels since mid-May
Indian shares fell sharply on Friday afternoon to close at their worst levels since mid-May, as investors fretted over weak ......
TMT
Reliance Jio overtakes Bharti Airtel to become second-largest operator
Reliance Industries Ltd’s telecom unit Jio pipped rival Bharti Airtel to become India’s second-largest operator by subscribers as of May, ......
Infrastructure
India aims to triple renewable energy capacity by 2024
India expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, a government official said on ......
Finance
SEBI proposes tighter disclosure for auditors of listed companies
The Securities and Exchange Board of India (SEBI) proposed on Thursday ramping up disclosure for auditors of listed companies, after ......
Finance
Blackstone beats expectations for second-quarter distributable earnings
Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday ......
Finance
Foreign investors could register as companies to get tax relief, says Sitharaman
Indian Finance Minister Nirmala Sitharaman said on Thursday that foreign portfolio investors (FPIs) could register as companies to avoid a ......
Consumer
India's consumer goods growth slows as rural demand cools: Nielsen
India’s consumer goods industry is losing steam as spending in the country’s rural heartland cools and small manufacturers lose competitive ......