Reuters
Markets
India's weight on MSCI equity index rises to record high; $3 bn inflows likely
India's weight on the MSCI Global Standard index, which tracks emerging market stocks, has risen to another record high, which ......
Manufacturing
JSW Steel to buy $120 mn stake in Australian firm to expand coal reserves
India's top steelmaker JSW Steel said on Monday it will buy a 67% stake in an Australian private firm for ......
Economy
Rupee slips to fresh record low, in line with other Asian currencies
The Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while ......
Economy
Sensex, Nifty pare early losses to end mildly lower on Monday
Indian shares recovered most early losses to close marginally lower on Monday, as gains in bank stocks largely offset the ......
Finance
Adani stocks lose $2.4 bn amid Hindenburg's fresh allegations against SEBI chair
Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday ......
TMT
Bharti to acquire minority stake in British telecom giant BT for $4 bn
India's Bharti Enterprises said it would acquire a 24.5% stake in BT, worth 3.2 billion pounds ($4 billion), to buy ......
TMT
Byju's US lenders appeal insolvency-quashing order before Supreme Court
Some overseas lenders to India's Byju's have appealed to the country's apex court opposing a verdict that had quashed insolvency ......
Manufacturing
Mahindra seeks govt nod for $3 bn JV with China's Shaanxi
Indian automaker Mahindra & Mahindra and China's Shaanxi Automobile Group have agreed to set up a $3 billion joint venture ......
Finance
July mutual fund data: Equity inflows retreat from record levels amid profit booking
Inflows into India's equity mutual funds moderated in July to 371.13 billion rupees ($4.42 billion), easing off record high levels ......
Manufacturing
SoftBank-backed Ola Electric jumps 20% after flat debut
Ola Electric Mobility's shares surged 20% on their Mumbai trading debut on Friday, valuing the company at $4.8 billion, as ......