Reuters
Consumer
Warburg Pincus to trim stake in Kalyan Jewellers for $155 mn
A Warburg Pincus affiliate will sell 2.36% of its stake in Kalyan Jewellers for 13 billion rupees ($155 million) to ......
Infrastructure
KKR to sell 17% stake in India Grid Trust
U.S. private equity firm KKR's affiliate, Esoteric, will sell a 17.3% stake in India Grid Trust (IndiGrid) for $213.6 million, ......
Economy
Rupee logs worst single-day fall in almost two months
The Indian rupee dropped on Wednesday to log its worst single-day performance in nearly two months as dollar demand from ......
Economy
Sensex, Nifty end mildly higher as falling financial stocks cap gains
Indian shares ended Wednesday with small gains led by consumer stocks, while a drop in financials weighed on benchmark indexes. The ......
Consumer
Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing
India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should ......
TMT
China's Antfin sells nearly half its stake in Zomato for $570 mn
Alibaba Group's Antfin Singapore sold shares worth 47.72 billion rupees ($570 million) in India's Zomato on Tuesday, cutting its stake ......
Finance
Sensex, Nifty end higher, led by IT and financial stocks
Indian shares closed higher on Tuesday, led by financials and information technology stocks, as rising expectations of an aggressive rate ......
TMT
Reliance, Disney India merger will hurt competition, says CCI
India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media ......
Infrastructure
JSW Cement, Warburg-backed Ecom Express file for IPOs
India's JSW Cement filed draft papers for an initial public offering worth up to 40 billion rupees ($476.7 million) on ......
Finance
EQT seeks $12.5 bn for new Asia private equity fund
EQT would raise $12.5 billion for its new Asia-focused fund, the Swedish investment firm said on Wednesday. The fund will be ......
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