Reuters
Markets
Rupee hits record low, posts steepest weekly fall in seven months
The Indian rupee fell to a record low against the U.S. dollar on Friday pressured by a drop in the ......
Manufacturing
Government rejects Vedanta-controlled Hindustan Zinc's plan to split company
The Indian government, Hindustan Zinc's largest minority shareholder, has rejected the miner's proposal to split into different units as it ......
TMT
Investors jittery as some Indian startups' fall from grace dwindles faith
India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......
Markets
Optional same-day settlement for 25 stocks to start this month: SEBI
India's markets regulator will start an optional same-day settlement for 25 stocks with a limited number of brokers on March ......
Finance
SVB Financial to sell Indian arm to First Citizens
The bankrupt parent company of Silicon Valley Bank plans to sell its entire stake in Indian subsidiary SVB Global Services ......
Healthcare
Aster DM to spend $108 mn in bid to expand after sale of Gulf operations
Indian hospital chain Aster DM Healthcare said on Wednesday it plans to spend up to 9 billion rupees (about $108 million) ......
Economy
SEBI exempts offshore funds from disclosing investors' names
India's markets regulator has exempted offshore funds from naming their investors under certain circumstances, it said on Wednesday, partly easing ......
Manufacturing
JSW Group-MG Motor venture aims to sell 1 mn EVs by 2030
The joint venture between India's JSW Group and MG Motor, which is owned by China's SAIC Motor, is targeting 1 ......
Manufacturing
Chiratae-backed Minus Zero to develop self-driving trucks with Ashok Leyland
Indian automaker Ashok Leyland has partnered with Minus Zero to develop self-driving trucks, the autonomous driving technology startup said on ......
Infrastructure
Go First bidder raises offer after nudge from bankers
One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, ......
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