Reuters
Manufacturing
Tata Steel, Thyssenkrupp set to scrap European joint venture
Thyssenkrupp abandoned plans to hive off its steel business and split up the rest of the German conglomerate on Friday ......
Markets
Nifty, Sensex post worst weekly decline in over seven months
Indian shares marked their eighth consecutive session of declines on Friday, the longest losing streak since mid-February, dented by Tata ......
Consumer
Budweiser beer maker AB InBev's Asia unit files for IPO
The Asia business of Anheuser-Busch InBev, the world's largest brewer, filed on Friday a draft prospectus for an initial public ......
Finance
TPG inks pact to take over management of Abraaj's healthcare fund
U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a ......
TMT
Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh
Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a ......
Manufacturing
Tata Motors denies report of Jaguar Land Rover sale
India's Tata Motors said on Thursday there was no truth to a report saying a sale of Jaguar Land Rover ......
TMT
Larsen & Toubro raises Mindtree stake to 26%
Industrial conglomerate Larsen & Toubro Ltd bought an additional 2 percent stake in Mindtree Ltd, raising its total ownership to ......
Economy
Economists, investors create own benchmarks as doubts grow over India govt data
Economists and investors are increasingly showing that they have little or no confidence in India’s official economic data – presenting ......
TMT
SoftBank profit jumps on Uber, OYO valuation gains; plans second Vision Fund
Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its ......
Finance
Abraaj founder kept in custody in absence of $20 mn bail
Arif Naqvi, the founder of collapsed buyout firm Abraaj Group, was on Wednesday given another two days to raise a ......
