Reuters

Finance

13 May, 2024

Zomato's Q4 profit falls below analyst expectations, advertising spends higher

Indian food delivery platform Zomato reported a smaller-than-expected quarterly profit on Monday, hurt by surging advertising expenses as it grappled with intensifying ......

Finance

13 May, 2024

SoftBank posts profit for second straight quarter but remains in red for full year

Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on ......

Markets

10 May, 2024

Sensex, Nifty log worst week since mid-March as volatility, foreign selling weighs

Indian shares ended higher on Friday, but logged their worst week in eight as concerns over the outcome of ongoing ......

Finance

10 May, 2024

Mubadala gets regulatory nod to pick up majority stake in US' Fortress Investment

Abu Dhabi sovereign investor Mubadala Capital's $3 billion bid for New York-based Fortress Investment Group has cleared a significant U.S. regulatory hurdle ......

Economy

09 May, 2024

India's mutual fund assets hit fresh record in April

Inflows into India's equity mutual funds moderated in April, while net assets under management (AUM) surpassed 57 trillion rupees for ......

TMT

08 May, 2024

Peak XV Partners-backed AI startup Atlan raises $105 mn

Atlan said on Wednesday it had raised $105 million in a funding round led by Singapore's sovereign wealth fund GIC ......

Finance

08 May, 2024

Saudi Arabia's SMASCO aims to raise $240 mn via IPO

Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public ......

TMT

08 May, 2024

PE investors chase data centre deals in Asia on AI boom

Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to ......

Finance

07 May, 2024

India among top contributors to rise in global debt burden to record $315 trillion

A key measure of world indebtedness has resumed its climb as global debt hit a record high of $315 trillion ......

Finance

07 May, 2024

Sensex, Nifty end lower, volatility index hits a 15-month high

Indian shares ended lower on Tuesday, led by losses in heavyweight financials and auto stocks, with volatility rising to a ......