Reuters
Infrastructure
Hitachi to acquire ABB's power grids business in $11 bn deal
ABB will sell a majority stake in its Power Grids division to Japan’s Hitachi and return the proceeds to shareholders, ......
Healthcare
IHH Healthcare puts open offer for Fortis on hold after SC ruling
Malaysia's IHH Healthcare Bhd said on Monday its open offer to buy an additional 26 percent stake in Fortis Healthcare ......
Economy
India's trade deficit narrows in November
India's November trade deficit narrowed to $16.67 billion due to a fall in gold imports, the country's trade ministry said ......
Markets
Sensex clocks weekly gain as RBI, elections keep investors busy
Indian shares eked out a slightly positive finish on Friday, with the NSE closing above 10,800 points for the first ......
Healthcare
SC puts Fortis sale to IHH on hold over plea against Singh brothers
Shares of Fortis Healthcare Ltd posted its biggest intraday fall in over 8-1/2 months after a CNBC TV18 report said ......
Finance
Plenty of scope to expand in India's private credit sector: Blackstone chairman
A reform-oriented government, weak rupee, bumper exits and new opportunities in bankruptcy and structured capital services will likely make India ......
Markets
Sensex finishes in the green as Infosys, financial stocks lead gains
The Sensex and the Nifty ended higher on Thursday after inflation eased sharply in November, and the new Reserve Bank ......
Finance
CPPIB scouts for strategic partners in NBFC space; eyes more education bets
The Canada Pension Plan Investment Board (CPPIB), the country’s biggest public pension fund, plans to continue deploying capital in China, ......
Economy
India's retail inflation at 17-month low in Nov; industrial output up 8.1% in Oct
India's retail inflation rate dropped in November, which should increase the chances of the new central bank governor keeping interest ......
Markets
Swift change of guard at RBI helps Sensex soar nearly 2% higher
Indian shares marked a one-week closing high on Wednesday, driven by financials and automakers after the government appointed a new ......
