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Nifty posts biggest single-day loss in six months as housing finance stocks slide

Markets

24 September, 2018

Nifty posts biggest single-day loss in six months as housing finance stocks slide

Indian shares fell more than 1 percent and ended lower for a fifth straight session on Monday, dragged by financials ......

Sensex, Nifty recover after panic selloff as indices post weekly losses of over 3%

Markets

21 September, 2018

Sensex, Nifty recover after panic selloff as indices post weekly losses of over 3%

Indian shares erased most of the losses on Friday after panic selling in housing finance and property stocks saw key ......

YES Bank loses over $3 bn in market value after RBI trims CEO's term

Finance

21 September, 2018

YES Bank loses over $3 bn in market value after RBI trims CEO's term

Indian private sector lender Yes Bank Ltd's shares tumbled nearly a third on Friday, wiping as much as $3.1 billion ......

Amazon confirms it will buy stake in Aditya Birla Group's retail chain More

Consumer

20 September, 2018

Amazon confirms it will buy stake in Aditya Birla Group's retail chain More

Amazon and Indian private equity firm Samara Capital are making a joint investment that will give the online retail giant ......

Rana Kapoor's tenure to end in Jan as RBI gives YES Bank 4 months to find new CEO

Finance

19 September, 2018

Rana Kapoor's tenure to end in Jan as RBI gives YES Bank 4 months to find new CEO

The Reserve Bank of India (RBI) has allowed Yes Bank Ltd Chief Executive Rana Kapoor to continue in the role ......

Sensex closes in the red for third straight session

Markets

19 September, 2018

Sensex closes in the red for third straight session

Indian shares gave up early gains to close lower on Wednesday, declining for a third straight session to their lowest ......

China's Hillhouse Capital raises biggest Asian private equity fund

Finance

19 September, 2018

China's Hillhouse Capital raises biggest Asian private equity fund

Hillhouse Capital, an investor in top Chinese technology firms including Tencent (0700.HK) and Baidu (BIDU.O), has closed its latest funding ......

Law firm Cyril Amarchand under scrutiny in PNB fraud probe

Finance

19 September, 2018

Law firm Cyril Amarchand under scrutiny in PNB fraud probe

India’s largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by federal agents after they seized documents related to ......

Nestle, Unilever, Coke bid for GSK's India Horlicks business

Consumer

19 September, 2018

Nestle, Unilever, Coke bid for GSK's India Horlicks business

Nestle, Unilever and Coca-Cola are among bidders for GlaxoSmithKline’s Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people ......

Sensex, Nifty extend losses as bank stocks slump

Markets

18 September, 2018

Sensex, Nifty extend losses as bank stocks slump

Indian shares extended falls on Tuesday and posted their lowest close in one-and-a-half months, dragged by state-run banks as the ......