Reuters
People
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. ......
Finance
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 ......
Infrastructure
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 ......
Finance
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 ......
Finance
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 ......
TMT
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 ......
TMT
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 ......
Finance
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 ......
TMT
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 ......
Economy
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 ......