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Reuters

Why rival retailers are embracing Amazon

TMT

09 April, 2019

Why rival retailers are embracing Amazon

Chico’s FAS Inc warned in January that it would shutter at least 250 stores across its namesake brand, along with ......

Sensex ends lower as financial, energy stocks drag

Markets

08 April, 2019

Sensex ends lower as financial, energy stocks drag

Indian shares ended lower on Monday, dented by losses in financials and energy stocks, after seven consecutive weekly gains saw ......

Sensex posts seventh consecutive weekly gain

Markets

05 April, 2019

Sensex posts seventh consecutive weekly gain

Indian shares snapped two sessions of losses to end higher on Friday, closing firmer for a seventh consecutive week, as ......

Election optimism helps India attract highest foreign equity inflows in 7 years

Markets

05 April, 2019

Election optimism helps India attract highest foreign equity inflows in 7 years

Indian equities attracted the biggest foreign money in seven years in March and grabbed a major chunk of inflows into ......

Sensex closes lower again; rupee weakens

Markets

04 April, 2019

Sensex closes lower again; rupee weakens

Indian shares ended lower, 10-year bond yields rose, and the rupee weakened on Thursday, after the country's central bank cut ......

After SC order, RBI to issue fresh circular on bad debt resolution

Economy

04 April, 2019

After SC order, RBI to issue fresh circular on bad debt resolution

The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......

RBI cuts repo rate by 25 basis points to 6%

Economy

04 April, 2019

RBI cuts repo rate by 25 basis points to 6%

The Reserve Bank of India (RBI) cut its benchmark interest rate by 25 basis points on Thursday, in a widely expected move ......

Govt may direct state-run banks on bad debt after court's rejection of RBI rules

Finance

04 April, 2019

Govt may direct state-run banks on bad debt after court's rejection of RBI rules

The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with ......

Goldman Sachs wants ‘curious' engineers to drive digital innovation

Finance

03 April, 2019

Goldman Sachs wants ‘curious' engineers to drive digital innovation

Goldman Sachs Group Inc on Wednesday launched an initiative to attract tech-savvy engineers to the bank to take part in ......

Blackstone raises $22 bn for its biggest private equity fund

Finance

03 April, 2019

Blackstone raises $22 bn for its biggest private equity fund

Blackstone Group LP, the world largest alternative asset manager, has so far raised over $22 billion for its latest flagship private ......