Reuters
Finance
RBI to ask banks to begin bankruptcy process against 12 top defaulters
The Reserve Bank of India (RBI) said on Tuesday it has identified 12 of the largest loan defaulters and will ......
TMT
Uber CEO Kalanick likely to go on temporary leave, senior VP Michael out
Uber Technologies Inc Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, ......
Economy
Retail inflation eases to five-year low in May
India's annual consumer price inflation eased further to 2.18 percent in May, driven down by cooling food prices, government data ......
TMT
Uber board accepts all recommendations of probe into culture, practices
The Uber Technologies Inc board of directors voted unanimously to adopt all recommendations from a report stemming from allegations of ......
Finance
Stressed balance sheets cast cloud over Modi-led India rebound
Vikas Patharkar borrowed $700,000 in 2014 to set up a factory to make electric transformers on the outskirts of Mumbai, ......
TMT
SoftBank arm buying two robotics businesses from Alphabet Inc
Japan's SoftBank Group Corp (9984.T) said on Friday that a unit of the company will buy two firms that build ......
TMT
Flipkart- and Ola-backer DST Global sees $4 tn of new Internet firms by 2025
A surge in online consumer spending globally in coming years will create $4 trillion worth of new internet companies by ......
Finance
RBI keeps interest rates on hold, lowers inflation projection
The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6.25 percent on Wednesday, as widely expected, ......
Infrastructure
GDF to sell entire 10% stake in Petronet for up to $512 mn
GDF International will sell its entire 10 percent stake in India's Petronet LNG Ltd in block trades on Thursday for ......
Infrastructure
Cabinet clears IPO of green energy agency IREDA
The cabinet approved a plan on Wednesday to publicly list state-owned Indian Renewable Energy Development Agency (IREDA) to fund its ......
