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Reuters

GDP growth hits three-year low of 5.7% in April-June

Economy

31 August, 2017

GDP growth hits three-year low of 5.7% in April-June

India’s economy unexpectedly slowed further to a three-year low in the quarter through June, delivering a blow to Prime Minister ......

Paytm Payments Bank in talks to partner full-service banks

Finance

31 August, 2017

Paytm Payments Bank in talks to partner full-service banks

India's Paytm Payments Bank is in talks to partner with full-service banks to offer services such as loans and term ......

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

TMT

31 August, 2017

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

India has deferred a decision on selling a stake in state-run telecoms firm Bharat Sanchar Nigam Ltd (BSNL) as falling ......

Govt raises $1.4 bn from NTPC stake sale

Infrastructure

31 August, 2017

Govt raises $1.4 bn from NTPC stake sale

The Indian government has raised 91.36 billion rupees ($1.4 billion) from a share sale in state-run utility NTPC Ltd, according ......

Uber may go public in 18-36 months, new CEO tells employees

TMT

31 August, 2017

Uber may go public in 18-36 months, new CEO tells employees

Uber Technologies Inc’s new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and ......

Benchmark's lawsuit against ousted Uber CEO Kalanick to go to arbitration

TMT

31 August, 2017

Benchmark's lawsuit against ousted Uber CEO Kalanick to go to arbitration

A Delaware judge on Wednesday stayed a lawsuit brought by Uber Technologies Inc investor Benchmark Capital against ousted Chief Executive ......

RBI says got back almost all of banned currency notes

Finance

30 August, 2017

RBI says got back almost all of banned currency notes

Indians returned almost all of the estimated 15.4 trillion rupees ($242 billion) in high-currency bills removed from circulation in a ......

Bird Group keen on acquiring Air India's ground-handling unit

Infrastructure

30 August, 2017

Bird Group keen on acquiring Air India's ground-handling unit

India's Bird Group on Wednesday said it is interested in buying state-owned carrier Air India's ground-handling business, making it the ......

Uber under investigation in US for bribery law violations

TMT

30 August, 2017

Uber under investigation in US for bribery law violations

Uber Technologies Inc said on Tuesday it was cooperating with a preliminary investigation led by the U.S. Department of Justice ......

RBI pushing more loan defaulters towards bankruptcy court

Finance

30 August, 2017

RBI pushing more loan defaulters towards bankruptcy court

The Reserve Bank of India (RBI) has asked banks to send at least 20 companies that defaulted on their debts ......