Reuters
Finance
Andhra Bank shares slump to 15-year low on fraud probe
Shares in the state-run Andhra Bank, already hurt by an industry-wide spillover of a huge scam in another lender, fell ......
Finance
Norway's $1 tn wealth fund may blacklist more companies for high emissions
The ethics watchdog for Norway’s $1-trillion sovereign wealth may blacklist more companies that produce too much greenhouse gas by scrutinizing ......
Finance
StanChart reaches provisional pact to sell real estate unit to Actis
Standard Chartered has reached a provisional agreement to sell its real estate investment unit to private equity firm Actis, the ......
Infrastructure
Govt to split Air India's $8.5 bn debt before selling stake
India will transfer part of Air India's $8.5 billion debt pile to a special purpose vehicle before selling a stake ......
Markets
Sensex, Nifty back in the red as bank stocks slide
Indian shares erased early gains and closed slightly lower on Friday, dragged down by steel companies such as Tata Steel ......
Finance
National Stock Exchange says hopes to float IPO in FY19
India’s National Stock Exchange said on Thursday it was hopeful of going public in the next financial year beginning April ......
Markets
Sensex closes higher for first time in a week as banks gain
Indian shares closed higher on Thursday, snapping a six-session losing streak, as lenders recovered while Asian peers found relief on ......
Infrastructure
Govt says it will invite initial bids for Air India stake sale in next fortnight
India will invite initial bids for a stake sale in state-run carrier Air India in the next couple of weeks, ......
Manufacturing
Tata Steel emerges as top bidder for Bhushan Steel
India's Tata Steel Ltd said on Wednesday it was selected as the highest bidder to buy a controlling stake in ......
Markets
Markets close in the red for 6th straight session as oil stocks, banks weigh
Indian shares ended lower on Wednesday, dragged by oil explorers including Reliance Industries Ltd and banks such as ICICI Bank ......