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Sensex closes in the red as delayed monsoon dampens sentiment

Markets

24 June, 2019

Sensex closes in the red as delayed monsoon dampens sentiment

Indian shares ended lower for the second consecutive session on Monday, with metal and auto stocks among the biggest drags, ......

How developers are wooing buyers with greener, ‘smart' homes in sluggish market

Infrastructure

24 June, 2019

How developers are wooing buyers with greener, ‘smart' homes in sluggish market

When Arkesh Mishra, 33, and his wife Anasuya scouted for a new home in India's tech hub of Bengaluru this ......

RBI deputy governor Viral Acharya resigns six months before term ends

Finance

24 June, 2019

RBI deputy governor Viral Acharya resigns six months before term ends

Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in office, ......

Indian space technology startups ignite investor interest

TMT

24 June, 2019

Indian space technology startups ignite investor interest

 From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of ......

Sensex, Nifty record weekly declines amid global uncertainty

Markets

21 June, 2019

Sensex, Nifty record weekly declines amid global uncertainty

Indian shares settled lower on Friday, marking their third weekly decline, as uncertainty over the U.S.-China trade negotiations and rising ......

India becomes investment darling for sovereign wealth and pension funds

Finance

21 June, 2019

India becomes investment darling for sovereign wealth and pension funds

Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, ......

Walmart pays $282 mn to settle bribery probes in India, other countries

Consumer

21 June, 2019

Walmart pays $282 mn to settle bribery probes in India, other countries

Walmart Inc said on Thursday it will pay $282 million to settle a seven-year-long investigation into whether its overseas units ......

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

Finance

21 June, 2019

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

NBK Capital Partners, owned by Kuwait's biggest lender, has walked away from advanced talks to buy a global credit fund ......

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

Economy

21 June, 2019

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

India's government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials have ......

US says has no plans to cap H-1B work visa programme

TMT

21 June, 2019

US says has no plans to cap H-1B work visa programme

The Trump administration has no plans to cap H-1B work visas for nations that force foreign companies to store data ......