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Reliance Capital rejects PwC's observations after auditor quits

Finance

13 June, 2019

Reliance Capital rejects PwC's observations after auditor quits

Reliance Capital said on Thursday the observations of global audit firm PwC about its fiscal accounts were "completely baseless and ......

Overseas investors in India, other Asian nations switch from equities to bonds in May

TMT

13 June, 2019

Overseas investors in India, other Asian nations switch from equities to bonds in May

While overseas investors sold Asian equities in May, they bought the region's bonds, which were made more attractive by falling ......

Paytm, BigBasket investor Alibaba files for Hong Kong listing

TMT

13 June, 2019

Paytm, BigBasket investor Alibaba files for Hong Kong listing

Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing, according to one source familiar ......

Adani gets approval for long-delayed Australian coal mine

Manufacturing

13 June, 2019

Adani gets approval for long-delayed Australian coal mine

India's Adani Enterprises on Thursday received the go-ahead to start construction of a controversial coal mine in outback Australia, after ......

Jet Airways to be removed from trading in NSE's futures and options market

Finance

12 June, 2019

Jet Airways to be removed from trading in NSE's futures and options market

The National Stock Exchange of India (NSE) said on Wednesday contracts of Jet Airways Ltd would be pulled out of ......

Reliance Capital shares drop after PwC resigns as auditor

Finance

12 June, 2019

Reliance Capital shares drop after PwC resigns as auditor

Shares in Reliance Capital Ltd closed 6% lower on Wednesday after the non-banking finance company (NBFC) said its auditor had ......

Retail inflation rises to 3.05% in May; industrial output grows 3.4% in April

Economy

12 June, 2019

Retail inflation rises to 3.05% in May; industrial output grows 3.4% in April

India's retail inflation rate picked up in May on higher food prices, but stayed below the central bank's target, potentially ......

Sensex finishes in the red on global cues

Markets

12 June, 2019

Sensex finishes in the red on global cues

Indian shares snapped three sessions of gains to settle lower on Wednesday, in line with global markets as Washington took ......

Former top adviser says India GDP growth may be overstated; govt defends

Economy

12 June, 2019

Former top adviser says India GDP growth may be overstated; govt defends

The Indian government on Tuesday defended its methodology of calculating the country’s economic growth, countering the argument of a former ......

How yoga guru Ramdev-backed Patanjali Ayurved stumbled in the rush for growth

Consumer

12 June, 2019

How yoga guru Ramdev-backed Patanjali Ayurved stumbled in the rush for growth

Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high. The consumer goods empire he co-founded had tapped ......