Reuters
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 ......
Markets
Sensex drops to near two-month low on US-China trade war fears
Indian shares dropped more than 1% on Wednesday, ending lower for a sixth straight session, as investors took a cautious ......
Finance
Chinese investment in US startups peaks but uncertainty ahead
Chinese investors maneuvered around heightened geopolitical tensions to make record-level investments into U.S. startups in 2018, but increasingly hostile conditions ......
Markets
Sensex closes near six-week low amid trade worries
Indian shares fell sharply on Tuesday to mark their worst close in nearly six weeks, dragged lower by index heavyweights ......