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Reuters

Govt wants antitrust review of Big Four audit firms

Finance

22 July, 2019

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 ......

How IL&FS used favours and pressure tactics to ensure good ratings

Finance

22 July, 2019

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 ......

Government seeks to tap foreign lenders for loans to small firms

Finance

19 July, 2019

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 ......

Sensex, Nifty post second weekly loss, end at worst levels since mid-May

Markets

19 July, 2019

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 ......

Reliance Jio overtakes Bharti Airtel to become second-largest operator

TMT

19 July, 2019

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, ......

India aims to triple renewable energy capacity by 2024

Infrastructure

19 July, 2019

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 ......

SEBI proposes tighter disclosure for auditors of listed companies

Finance

19 July, 2019

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 ......

Blackstone beats expectations for second-quarter distributable earnings

Finance

18 July, 2019

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 ......

Foreign investors could register as companies to get tax relief, says Sitharaman

Finance

18 July, 2019

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 ......

India's consumer goods growth slows as rural demand cools: Nielsen

Consumer

18 July, 2019

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 ......