Reuters
TMT
Reliance, Bodhi Tree discuss 60% stake in Disney India merger talks
Reliance is advancing talks with Walt Disney DIS.N to merge its India media businesses, with the Indian firm set to ......
Finance
Paytm shares plunge 20% after RBI orders payments bank unit to stop business
Shares of Indian payments firm Paytm tumbled 20% on Thursday, after a move by the country's financial regulator to halt ......
TMT
Sony, Zee clashed over Russia assets, cricket deal before India deal collapse
Sony and Zee disagreed over more than 20 compliance issues, including the Indian firm's failure to dispose of some Russian ......
Finance
RBI halts fresh business at Paytm Payments Bank on supervisory concerns
The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its ......
Economy
SEBI reviewing small, mid-cap funds' stress tests
India's markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able ......
Finance
Norway wealth fund posts record $213 bn profit as tech stocks soar
Norway's $1.6 trillion sovereign wealth fund, the world's largest, reported on Tuesday a record profit of 2.22 trillion crowns ($213 ......
Finance
Blackstone-owned Aadhar Housing targets $600 mn IPO
Blackstone-owned Indian home loans provider Aadhar Housing Finance is targeting a $600 million-650 million initial public offering (IPO) at a ......
General
Sensex, Nifty end lower following profit booking in heavyweights
Indian shares fell on Tuesday as financials, led by Bajaj Finance, dragged the market, while profit booking in index heavyweights ......
TMT
Sony scrapped $10 bn merger as Zee failed to meet financial terms
Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet ......
Finance
Axis Capital loses two senior investment bankers
Two senior investment bankers at India's Axis Capital, including its head of equity capital markets, have resigned in the latest ......