Reuters
Finance
Goldman Sachs forms in-house group to spot out-of-the-box deals for big firms
Goldman Sachs Group Inc is betting it can get its money-making mojo back by pitching creative deals to big, complex ......
TMT
Meru Cabs files new complaints with competition watchdog against Ola, Uber
The head of Meru Cabs said the company has filed four new complaints with the country’s antitrust watchdog, claiming that ......
Finance
IMF cuts India growth forecast to 6.7%, upgrades global outlook
The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on ......
Finance
Indian banks' bad loans touch record $146 bn
Indian banks’ sour loans hit a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished data shows, ......
TMT
Russia to ban websites offering crypto-currencies
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor ......
Infrastructure
Tata Group chairman says keen to bid for Air India
India’s Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of ......
Manufacturing
Indian Oil says willing to acquire GAIL or Oil India
Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, ......
Finance
Consolidation may lead to 10-15 state banks, says govt adviser
A planned consolidation in India's state-run banking sector may lead to 10 to 15 lenders that are majority owned by ......
Finance
Why PE firms are selling small stakes in investments to pension, sovereign funds
Private equity funds are increasingly selling minority stakes in investments to pension and sovereign wealth funds as they strive to ......
Finance
Uday Kotak-led SEBI panel proposes tougher corporate governance norms
A panel appointed by India’s market regulator proposed a slew of new regulations on Thursday to boost corporate governance, from ......
