Reuters
Economy
India's infrastructure output grows 5.1% in May
India's infrastructure output grew 5.1% in May from a year earlier, government data showed on Monday. Infrastructure output, which comprises eight ......
TMT
Existing shareholders bail out Jabong's former parent GFG in IPO
Global Fashion Group (GFG) (GFG.DE) raised less than half the sum it had originally targeted in an initial public offering ......
Finance
Why global wealth managers are ditching Hong Kong in favour of Singapore
Some foreign wealth managers are scrapping plans to open offices in Hong Kong in favour of Singapore, as the rich ......
Finance
Global M&A volume suffers on trade jitters; PE dealmaking soars
Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. ......
Finance
Deutsche Bank embarks on hiring spree for wealth management biz
Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part ......
Markets
Sensex rises as thaw in US-China trade dispute boosts investor appetite
Indian shares closed higher on Monday, in line with broader Asian peers after Washington and Beijing agreed to restart trade ......
Economy
Govt considers granting RBI more powers to regulate NBFCs
The Indian government is considering giving more powers to the central bank to regulate the struggling shadow banking sector, Finance ......
Manufacturing
India's manufacturing growth slowed in June on weaker demand
Growth in India’s manufacturing sector slowed last month as the expansion in new orders and output eased despite factories cutting ......
Finance
Former Abraaj managing partner pleads guilty to US fraud charges
A former executive of collapsed Dubai private equity firm Abraaj Capital Ltd on Friday pleaded guilty to U.S. fraud and ......
Economy
India's fiscal deficit hits half of budgeted target in first two months of FY20
India's fiscal deficit in May stood at 3.66 trillion rupees ($53.04 billion), or 52% of the budgeted target for the ......
