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Reuters

McDonald's sells most of China, Hong Kong business to CITIC, Carlyle for $2.1 bn

Consumer

09 January, 2017

McDonald's sells most of China, Hong Kong business to CITIC, Carlyle for $2.1 bn

McDonald's Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd ......

Tax figures show little disruption from demonetisation, says Jaitley

General

09 January, 2017

Tax figures show little disruption from demonetisation, says Jaitley

Finance Minister Arun Jaitley on Monday flaunted robust tax receipts to dismiss reports of economic disruption following Prime Minister Narendra ......

China's SAIC plans to acquire GM's Gujarat car plant

Manufacturing

06 January, 2017

China's SAIC plans to acquire GM's Gujarat car plant

A subsidiary of China's top carmaker SAIC Motor Corp plans to acquire certain General Motors manufacturing assets in India, a ......

Tatas-owned Jaguar Land Rover buys stake in car technology firm CloudCar

Manufacturing

06 January, 2017

Tatas-owned Jaguar Land Rover buys stake in car technology firm CloudCar

Britain's biggest carmaker Jaguar Land Rover said on Friday it was buying a minority stake in connected car technology firm ......

SEBI issues guidelines to evaluate company boards

General

06 January, 2017

SEBI issues guidelines to evaluate company boards

India's capital markets regulator on Thursday issued guidance on how companies should evaluate the performance of their directors to ensure ......

Sovereign funds spent $82 bn globally last year; infra, realty hot picks

General

06 January, 2017

Sovereign funds spent $82 bn globally last year; infra, realty hot picks

Qatar's purchase of a stake in Russian oil company Rosneft last month crowned a year of mega-acquisitions by sovereign investors ......

India resists giving tax concessions to Apple for local manufacturing

TMT

05 January, 2017

India resists giving tax concessions to Apple for local manufacturing

India is resisting tech giant Apple Inc's demand for tax incentives to make iPhones in the country, with the trade ......

Global I-banking fees fall 7% in 2016 on lower equity raisings

General

04 January, 2017

Global I-banking fees fall 7% in 2016 on lower equity raisings

Investment banking fees fell 7% worldwide in 2016, dragged down by a 23% fall in equity capital market (ECM) fees, ......

Wall Street lawyer Jay Clayton emerges as Trump's top SEC choice

General

04 January, 2017

Wall Street lawyer Jay Clayton emerges as Trump's top SEC choice

Wall Street lawyer Jay Clayton, who has worked on high-profile initial public offerings such as Alibaba Group, is a leading ......

India services activity shrinks again in December on cash squeeze

General

04 January, 2017

India services activity shrinks again in December on cash squeeze

India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as ......