Deals

Hutchison to buy Telefonica UK unit for $15.4 bln

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MADRID/HONG KONG - Li Ka-shing's Hutchison Whampoa Ltd has agreed to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), hastening the consolidation of Britain's telecoms industry.

Yes Bank leads race for Deutsche's Indian fund arm -sources 22 Jan 2015

MUMBAI - Indian lender Yes Bank is the main suitor in a race for Deutsche Asset Management (India) Pvt. Ltd's mutual fund business in India, two sources who are directly involved in the process said, although talks are still at an early stage.

Amazon in talks to buy Israeli start-up Annapurna Labs - newspaper 22 Jan 2015

JERUSALEM - U.S. tech giant Amazon is in talks to buy Israeli chipmaker Annapurna Labs for up to $370 million, financial newspaper Calcalist reported on Thursday.

Suzlon to sell German unit for $1.16 billion 22 Jan 2015

NEW DELHI/MUMBAI - Wind turbine maker Suzlon Energy Ltd said it had agreed to sell its German unit Senvion SE to buyout firm Centerbridge Partners for 1 billion euros ($1.16 billion), in an all-cash deal that will help the group reduce its debts.

Singapore's GIC to invest $165 mln in bank permit winner Bandhan 20 Jan 2015

MUMBAI - Singapore's sovereign wealth fund GIC is investing 10.2 billion rupees ($165.5 million) in Bandhan Financial Services, which is setting up one of India's two newest banks, Bandhan's chairman said on Tuesday.

Google in talks to buy mobile-payments company Softcard -TechCrunch 17 Jan 2015

REUTERS - Google Inc is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter.

Tata wins RBI approval to buy DoCoMo stake in JV 14 Jan 2015

MUMBAI - The Reserve Bank of India has allowed conglomerate Tata Sons Ltd to buy Japanese telecom firm NTT DoCoMo Inc's stake in their struggling Indian venture, paving the way for the completion of the long-delayed $1.1 billion deal.

Zomato in talks to raise $100 mln after U.S. deal 13 Jan 2015

REUTERS - Restaurant search services provider Zomato acquired U.S.-based rival Urbanspoon for about $50 million in one of the biggest overseas deals by an Indian startup and a company executive said it was in talks to raise about $100 million in fresh funding.

Rio Tinto to invest $500 million in diamond project in India 12 Jan 2015

NEW DELHI - Global mining company Rio Tinto plans to invest $500 million in a diamond project in Madhya Pradesh state, its Chief Executive Officer Sam Walsh said on Monday.

Google Capital invests in Indian property website Commonfloor 08 Jan 2015

NEW DELHI - Property search website Commonfloor.com has received funding from Google Capital, an equity fund backed by Google Inc, the online portal said in a statement on Thursday.

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

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SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

ICICI Results

ICICI Results

ICICI sets quarterly record profit as Q3 net rises 14 pct  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage