Reuters
General
Govt may allow EPFO to invest more in stocks
India is considering allowing the state-run social security and pension fund to invest more in the stock market, Labour Minister ......
General
India asks UK to extradite Vijay Mallya
India said on Thursday it had applied to Britain to extradite Vijay Mallya to face trial after the liquor and ......
General
Goldman Sachs shifting London hedge fund operations to US
Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is ......
General
Alibaba's Ant Financial to raise up to $3 bn in debt for overseas expansion
China's most valuable online finance company, Ant Financial, is in early stage talks with banks to raise between $2-$3 billion ......
Healthcare
Cipla scouts for more acquisitions to build US biz
Indian drugmaker Cipla Ltd's third-quarter profit beat estimates due to higher sales in the United States, and the company said ......
General
RBI to remove all cash withdrawal limits from March 13
The Reserve Bank of India (RBI) said it would remove the cash withdrawal limit from automated teller machines (ATMs) and ......
General
Carlyle earnings miss outlook on hedge fund losses
Private equity firm Carlyle Group L.P. posted sharply lower-than-expected fourth-quarter earnings on Wednesday following losses in its hedge fund businesses ......
TMT
MobiKwik in talks to raise funds, targets $1 bn valuation
Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level ......
General
Note ban woes linger as India services activity contracts again in January
Activity in India's services industry contracted for a third straight month in January, although at a slower pace, as firms ......
General
RBI revises rules for commercial paper
The Reserve Bank of India (RBI) issued revised guidelines for commercial paper, including mandating that the issuer must disclose the ......