Reuters
Economy
Rupee ends Thursday's session at fresh record low
The Indian rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was ......
Finance
Decline in income from asset divestments caps Blackstone's Q1 earnings growth
Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported ......
TMT
Binance gets Dubai regulator nod to onboard retail clients
Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform ......
Infrastructure
Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover
Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......
TMT
Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka
Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel's operations in the island nation, ......
TMT
Musk likely to announce $2-3 bn Tesla investment in India during visit next week
Tesla chief Elon Musk is set to announce an investment in India of $2-3 billion, mainly for building a new factory, ......
Manufacturing
Gautam Adani, family raise stake in Ambuja Cements to 70%
Indian billionaire Gautam Adani's family raised its stake in Ambuja Cements to 70.3% from 66.7% with a 83.39 billion rupees ......
Finance
Fairfax-backed IIFL Finance to raise $152 mn via share sale amid ban on gold loans
India's IIFL Finance will raise 12.72 billion rupees ($152 million) by selling shares, the non-bank lender said on Wednesday, aiming ......
People
Morgan Stanley, HSBC cut dozens of investment banking jobs in Asia-Pacific
Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge ......
TMT
Rajiv Jain's GQG, Fidelity pick up shares worth $261 mn in Vodafone Idea
Investment firms GQG and Fidelity picked up shares worth $261 million in India's Vodafone Idea as part of the debt-saddled ......