Reuters

People

30 May, 2024

JPMorgan Chase plans to expand staff in India by 5-7%

JPMorgan Chase plans to grow its headcount in India by 5%-7% annually over the next few years, a senior executive ......

TMT

30 May, 2024

Space startup Agnikul launches India's second privately built rocket

India's Agnikul Cosmos launched its Agnibaan rocket for the first time on Thursday, powered by the only Indian rocket engine ......

Finance

29 May, 2024

Sensex, Nifty end at 3-week low as financials, IT fall in run-up to election outcome

Indian benchmarks saw their worst session in nearly three weeks on Wednesday, dragged down by heavyweight financials and information technology ......

Finance

29 May, 2024

Some asset reconstruction firms circumventing rules, says RBI deputy governor

Some Indian asset reconstruction companies (ARCs) have been circumventing regulations and have allowed themselves to be used for the evergreening ......

Economy

29 May, 2024

S&P upgrades outlook on India's sovereign rating to 'positive'

S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on ......

Consumer

29 May, 2024

Dubai party hotel operator FIVE Holdings taps banks for IPO next year

Dubai-based party hotel operator FIVE Holdings Ltd is working with banks on a planned initial public offering next year, people ......

Manufacturing

28 May, 2024

Hindalco unit Novelis targets up to $12.6 bn valuation in US IPO

Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in ......

TMT

28 May, 2024

Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal

A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition ......

People

28 May, 2024

Sony appoints former Walt Disney exec to head India business

Japan's Sony has appointed a Walt Disney executive, Gaurav Banerjee, as its new India chief executive to lead its television ......

Consumer

28 May, 2024

UAE's Alef Education seeks to raise up to $515 mn in IPO

Educational technology provider Alef Education plans to raise as much as $515 million in its initial public offering (IPO) on ......