Reuters
Finance
IIFL Finance shares plunge after RBI bars firm from offering gold loans
Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the ......
TMT
Indian startups ask antitrust body to order Google to restore apps
A group representing Indian startups has asked the country's antitrust watchdog to order Alphabet Inc's Google to reinstate apps it ......
Finance
RBI bars Fairfax-backed IIFL Finance from sanctioning, disbursing gold loans
India's central bank on Monday ordered non-bank entity IIFL Finance to stop sanctioning and disbursing gold loans, as it found ......
Manufacturing
Tata Motors to split commercial, passenger vehicle businesses into separate firms
Indian automaker Tata Motors said on Monday it will split into two listed companies, separating its commercial vehicle business from ......
TMT
Reliance, Disney to merge India media assets to create $8.5 bn powerhouse
India's top conglomerate Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media ......
General
Goldman Sachs to raise ninth private equity fund this year
Goldman Sachs CEO David Solomon said on Tuesday the firm will raise its ninth private equity fund this year. "We'll launch ......
General
Apollo Global co-founder Black sells stake worth $173 mn in the firm
Billionaire and co-founder of Apollo Global Management Leon Black has sold shares worth about $172.8 million in the private equity ......
TMT
Nita Ambani likely to be chair of merged Reliance-Disney media business
Nita Ambani, wife of Indian billionaire Mukesh Ambani, is likely to be appointed chair of the board when Reliance Industries ......
Finance
QIA to invest over $1 bn in VC funds
Qatar's sovereign wealth fund on Monday said it would invest over $1 billion in international and regional capital funds as ......
Finance
Blackstone CEO Schwarzman's income falls 29% to nearly $897 mn in 2023
Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29% decline from ......