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Reuters

Carlyle names two co-CEOs as founders step back in leadership reshuffle

People

25 October, 2017

Carlyle names two co-CEOs as founders step back in leadership reshuffle

Carlyle Group LP said on Wednesday that Glenn Youngkin and Kewsong Lee would become its co-chief executives, in the U.S. ......

Bank stocks power Sensex to new record on $32 bn recapitalisation plan

Finance

25 October, 2017

Bank stocks power Sensex to new record on $32 bn recapitalisation plan

Indian banking shares soared on Wednesday, sending indexes to record highs after the cabinet approved a $32 billion plan to ......

Logos-Assetz JV earmarks $800 mn for logistics play

Infrastructure

24 October, 2017

Logos-Assetz JV earmarks $800 mn for logistics play

Logos India, a joint venture between Macquarie-backed Logos Property Group and Singapore’s Assetz Property Group, will invest up to $800 ......

New India Assurance sets price band for up to $1.5 bn IPO

Finance

24 October, 2017

New India Assurance sets price band for up to $1.5 bn IPO

New India Assurance Co Ltd is targeting an IPO of up to $1.5 billion, as sources who have direct knowledge ......

Govt approves $32.4 bn to recapitalise state-run banks

Finance

24 October, 2017

Govt approves $32.4 bn to recapitalise state-run banks

The Indian government approved on Tuesday a state bank recapitalization plan of 2.11 trillion rupees ($32.43 billion) over the next ......

Facebook tests shifting non-promoted posts out of News Feed

TMT

24 October, 2017

Facebook tests shifting non-promoted posts out of News Feed

Facebook Inc said on Monday it was testing the idea of dividing its News Feed in two, separating commercial posts ......

Bitcoin boom fails to lure bulge-bracket investors

TMT

23 October, 2017

Bitcoin boom fails to lure bulge-bracket investors

Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of ......

Corporate deals by sovereign wealth funds halve in Jul-Sep; GIC still active

Finance

21 October, 2017

Corporate deals by sovereign wealth funds halve in Jul-Sep; GIC still active

The value of corporate deals with sovereign wealth fund (SWF) participation halved in the third quarter as oil-driven funds continued ......

Uber's European policy chief Christopher Burghardt quits

TMT

17 October, 2017

Uber's European policy chief Christopher Burghardt quits

Uber’s European policy chief Christopher Burghardt has quit to join the electric vehicle charging network company Chargepoint, the latest senior ......

Govt likely to stick to fiscal deficit target, says adviser

Economy

17 October, 2017

Govt likely to stick to fiscal deficit target, says adviser

Many policy makers in New Delhi, including the head of a government policy think tank have suggested fiscal stimulus is ......