Reuters

Markets

13 August, 2024

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

13 August, 2024

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

12 August, 2024

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

12 August, 2024

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

12 August, 2024

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

12 August, 2024

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

09 August, 2024

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

09 August, 2024

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

09 August, 2024

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

09 August, 2024

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 ......