Reuters
Economy
US Fed holds interest rates steady, on track for June hike
The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near ......
Healthcare
Two Fortis investors may block TPG-Manipal's takeover bid
Two major investors in Fortis Healthcare, who have concerns over the bidding process for the cash-strapped Indian hospital operator, plan ......
Finance
Mark Mobius floats new investment firm; India on radar
Veteran emerging markets fund manager Mark Mobius has teamed up with two former colleagues from U.S. asset manager Franklin Templeton ......
Markets
Sensex ends flat as financials, IT stocks weigh
The NSE Nifty index ended marginally lower after volatile trading on Wednesday, while the BSE Sensex was nearly flat, as ......
TMT
Amazon counters Walmart with offer to buy 60% stake in Flipkart: Report
Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on ......
Manufacturing
India factory output expands in April for ninth straight month
Indian factory growth accelerated in April on strong domestic demand and output, a business survey showed on Wednesday, while price ......
Infrastructure
India's infrastructure output growth slows to three-month low
India's infrastructure growth slowed to a three-year low of 4.2 percent in the fiscal year ending in March, indicating Prime ......
Infrastructure
Kuwait Petroleum in talks to buy stake in Bina refinery
Kuwait Petroleum International (KPI) is in talks to buy 24 percent of the Bina joint venture refinery in central India, ......
Infrastructure
Govt extends deadline to receive initial bids for Air India
India has extended the deadline to receive initial bids for its stake in state-run carrier Air India to May 31 from May 14, ......
Markets
Sensex, Nifty post biggest monthly gain in two years
Indian shares posted their biggest monthly gain in over two years on Monday, as technology shares gained and strong numbers ......
