Reuters
Finance
Global M&As touch record high in Jan-March
Global mergers and acquisitions (M&A) had their strongest start ever in the first quarter of 2018, totaling $1.2 trillion in ......
Manufacturing
Tata Power to sell defence biz to group firm for $342 mn
Tata Power Co. Ltd said on Thursday it will sell its defence business to Tata Advanced Systems Ltd for 22.30 ......
Finance
India set to meet FY18 fiscal deficit target, says finance ministry official
India will meet its fiscal deficit target of 3.5 percent of GDP for the 2017/18 fiscal year ending this month, ......
Infrastructure
Govt kicks off process to sell 76% stake in Air India
India said on Wednesday it plans to sell a controlling stake in Air India along with roughly $5.1 billion of ......
Finance
State-run IDBI Bank discloses $119 mn fraud
IDBI Bank Ltd said on Tuesday fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its ......
Markets
Sensex closes higher as bank stocks have another good day
Indian shares closed higher for a second straight session on Tuesday, with lenders such as State Bank of India among ......
Healthcare
GSK to assess shareholding in Indian subsidiary after $13 bn Novartis buyout
GlaxoSmithKline is buying Novartis out of their consumer healthcare joint venture for $13 billion, taking full control of products including ......
Markets
Sensex closes nearly 1.5% higher as banks lead gains
Indian shares snapped a two-day losing streak on Monday as a recovery in financial stocks such as Yes Bank Ltd ......
Consumer
Sequoia-backed beer label Bira 91 aims to break even in FY19; eyes IPO in mid-term
The maker of Bira 91, a popular Indian craft beer with bottles sporting sketches of a quirky monkey with a ......
Finance
Union Bank shares slump to 11-year low on fraud complaint
Union Bank of India Ltd (UNBK.NS) shares fell to a more-than 11-year low on Friday after federal police registered a ......
