Reuters
Finance
Billionaire BR Shetty's payments firm Finablr cuts IPO price in volatile markets
United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange ......
Finance
Citigroup looks to expand India retail banking business with Paytm tie-up
India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product base while ......
Infrastructure
Jet Airways CEO, CFO resign as rescue hopes dim
The chief executive and two other senior figures at Jet Airways have quit, the Indian company said on Tuesday, further ......
TMT
Uber valuation drops to $61 bn as shares slump after ill-fated IPO
Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market ......
Markets
Sensex drops 1% as state-run banks, drugmakers slump
Indian shares closed weaker for a ninth straight session on Monday, dragged by financial and pharmaceutical stocks, as concerns over ......
Economy
India's April retail inflation quickens to six-month high of 2.92%
India’s retail inflation rate hit a six-month high in April, due to bigger increases in food prices, but remained below ......
Finance
British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India
Financing group Greensill Capital on Monday confirmed SoftBank Group Corp's Vision Fund has invested $800 million in the British company, ......
Manufacturing
India's car, two-wheeler sales slump in April on weak consumer sentiment
Passenger vehicle sales in India dropped 17% in April - their worst monthly fall in nearly eight years, data from ......
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 ......
