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Reuters

Rosneft-led group plans to complete Essar deal next month

Manufacturing

21 February, 2017

Rosneft-led group plans to complete Essar deal next month

A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India's Essar Oil ......

Goldman Sachs selling up to $82 mn worth of shares in Max Financial

General

21 February, 2017

Goldman Sachs selling up to $82 mn worth of shares in Max Financial

A unit of Goldman Sachs has launched a block deal to sell up to $82.1 million worth of shares in ......

Pearson CEO Fallon under spotlight as company struggles

Consumer

20 February, 2017

Pearson CEO Fallon under spotlight as company struggles

John Fallon needs to show he has a plan to navigate Pearson through the sinking sands of its main markets ......

Inbound China M&A deals surge on high consumer potential

Consumer

20 February, 2017

Inbound China M&A deals surge on high consumer potential

Overseas acquisitions by Chinese buyers are cooling after two record years as Beijing reins in capital outflows, but deals into ......

TCS to buy back shares worth up to $2.4 bn

TMT

20 February, 2017

TCS to buy back shares worth up to $2.4 bn

India's top software services exporter Tata Consultancy Services(TCS) will buy back shares worth up to 160 billion rupees ($2.4 billion), ......

Indian IT industry faces twin challenges of Trump, automation

TMT

18 February, 2017

Indian IT industry faces twin challenges of Trump, automation

Automation and the new US administration were the big unknowns at the Indian tech sector's annual shindig this week, with ......

Messaging app Snap eyes softer valuation in biggest tech IPO since Alibaba

TMT

17 February, 2017

Messaging app Snap eyes softer valuation in biggest tech IPO since Alibaba

Snap Inc, owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern ......

Sovereign wealth funds ramp up direct PE investments; hire specialists

General

17 February, 2017

Sovereign wealth funds ramp up direct PE investments; hire specialists

Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on ......

Unilever rejects $143 bn takeover bid by Kraft Heinz

Consumer

17 February, 2017

Unilever rejects $143 bn takeover bid by Kraft Heinz

Unilever rejected a surprise $143 billion takeover bid from US food company Kraft Heinz Co on Friday, saying it saw ......

Reticent Patel flummox markets, businesses

General

17 February, 2017

Reticent Patel flummox markets, businesses

MUMBAI (Reuters) - Denny Jose, a small-town caterer in Kerala, was closely watching the RBI meeting last week.Newspapers and markets ......