Reuters
Finance
Indian public markets retreat from record highs amid profit booking
Indian shares ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they locked in ......
Economy
Rupee breaches 83.58/$ level, ends at fresh record low
The Indian rupee fell to a record low on Thursday, pressured by likely outflows and strong dollar demand from local ......
Finance
Govt asks RBI to exempt sovereign funds from alternative investment fund rules
The Indian government has asked the central bank to exempt sovereign funds from a recent set of tightened rules concerning ......
Finance
SEBI asks Religare to seek approval for Burman family to raise stake
India's markets regulator has asked Religare Enterprises to apply for approvals to let the billionaire Burman family buy more shares ......
Consumer
Allied Blenders and Distillers files for $180-mn IPO
Indian liquor company Allied Blenders and Distillers (ABD) on Wednesday filed for an initial public offering (IPO) to raise up ......
TMT
Vodafone Group trims stake in Indus Towers, Airtel stake nears 50%
Vodafone Group has sold a bigger-than-planned 18% stake in India's Indus Towers for $1.82 billion on Wednesday, with local telecom operator Bharti ......
Finance
Sensex, Nifty end flat as private banks provide cushion against falling PSU stocks
Indian shares ended little changed in a volatile session on Wednesday as a rise in high-weightage private banks offset a ......
Finance
Axis Bank raises stake in Max Life Insurance
India's Axis Bank acquired additional equity shares of Max Life Insurance Company, a unit of Max Financial Services, for 3.36 ......
Finance
Canadian pension fund OTPP trims Asia venture growth team, to focus on India
Ontario Teachers' Pension Plan (OTPP), Canada's third largest pension fund, said it has laid off four dealmakers in Hong Kong ......
Finance
Sensex, Nifty end at record high for third session, aided by IT, private banks
Indian shares finished at record closing highs for the third session in a row on Tuesday, led by gains in ......
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