Reuters
TMT
Court restrains RCom from selling assets as Ericsson seeks to recover unpaid dues
An Indian arbitration court has restrained Reliance Communications Ltd (RCom) and two of its companies from transferring or selling any ......
People
Blackstone CEO Stephen Schwarzman earned $786 mn in 2017
Blackstone Group LP co-founder and Chief Executive Stephen Schwarzman took home about $786 million last year, making him the private ......
Markets
Metals drag Sensex, Nifty nearly 1% lower on fears of trade war
Indian shares ended lower for a fourth consecutive session on Monday, dragged down by metal stocks such as NMDC Ltd, ......
Markets
Sensex, Nifty end truncated week lower despite GDP boost
Indian shares ended lower for the third successive session on Thursday, dragged by bank stocks such as ICICI Bank and ......
Finance
Govt to consolidate equity stakes in JVs having multiple state-run bank partners
India’s government will consolidate 35 overseas branches of state-run lenders, with 69 more under review, financial services secretary Rajeev Kumar ......
Consumer
Jeweller Nirav Modi's bankrupt US firm draws strong interest from buyers
Potential buyers have expressed strong early interest in a bankrupt U.S. firm of jeweller Nirav Modi, who has been accused ......
TMT
Aircel files for bankruptcy months after failed merger talks with RCom
Indian mobile carrier Aircel Ltd has filed for bankruptcy, it said on Wednesday, pressured by a high debt pile and ......
Finance
India regains status as fastest-growing economy as GDP grows 7.2% in Oct-Dec
India regained its status as the world's fastest-growing major economy in the October-December quarter, surpassing China's growth after a gap ......
Markets
Sensex, Nifty fall for second session in a row
The Sensex and Nifty fell for a second straight session on Wednesday with financials leading the decline, as fears of ......
Economy
India's infrastructure output grows 6.7% in January
India’s infrastructure output grew 6.7 percent in January from a year ago, government data showed on Wednesday.The growth in output ......
