Edition:
India

Abhishek Vishnoi

Transporters' shares slide as tax reform bill hits roadblock

09 Dec 2015

NEW DELHI/MUMBAI Shares in logistics companies fell on Wednesday as hopes faded for a quick approval by lawmakers of a key tax reform seen as beneficial to the firms, after the main opposition Congress party disrupted parliament for the second day in a row.

Indian transporters' shares slide as tax reform bill hits roadblock

09 Dec 2015

NEW DELHI/MUMBAI, Dec 9 Shares in Indian logistics companies fell on Wednesday as hopes faded for a quick approval by lawmakers of a key tax reform seen as beneficial to the firms, after the main opposition Congress party disrupted parliament for the second day in a row.

Outlook lifts India's most profitable airline IndiGo in debut

11 Nov 2015

MUMBAI The owner of IndiGo, India's biggest airline by market share, surged as much as 17.6 percent in its market debut on Tuesday despite a premium valuation, as investors bet on future profits in one of the world's fastest-growing aviation markets.

Outlook lifts India's most profitable airline IndiGo in debut

10 Nov 2015

MUMBAI The owner of IndiGo, India's biggest airline by market share, surged as much as 17.6 percent in its market debut on Tuesday despite a premium valuation, as investors bet on future profits in one of the world's fastest-growing aviation markets.

Starbucks rival Coffee Day sees solid demand for $177 mln IPO

16 Oct 2015

MUMBAI India's biggest coffee chain operator Coffee Day Enterprises received nearly twice as many orders for its up to $177 million initial public offering before the Friday deadline as investors sought to buy into a rapidly growing cafe culture.

India's big name market debuts belie thin IPO pipeline

14 Oct 2015

MUMBAI Two high-profile market debuts in India this month could raise up to $500 million, the biggest since Bharti Airtel floated its telecoms tower arm in 2012, masking a thin pipeline in a market that is struggling to attract high profile listings.

India's big name market debuts belie thin IPO pipeline

14 Oct 2015

MUMBAI Two high-profile market debuts in India this month could raise up to $500 million, the biggest since Bharti Airtel floated its telecoms tower arm in 2012, masking a thin pipeline in a market that is struggling to attract high profile listings.

L&T chairman casts doubt on India's economic revival

23 Sep 2015

MUMBAI The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd, sees little sign of a recovery in Asia's third-largest economy, with some of his factories running far below capacity and facing a dearth of new orders.

'Beaten up' Asian cyclicals defy growth woes to draw investors

22 Sep 2015

SINGAPORE Asian cyclical stocks that move in line with economic trends are showing unusual resilience at a time of sluggish regional growth, in a sign that investors are taking on risk again.

'Beaten up' Asian cyclicals defy growth woes to draw investors

22 Sep 2015

SINGAPORE Asian cyclical stocks that move in line with economic trends are showing unusual resilience at a time of sluggish regional growth, in a sign that investors are taking on risk again.

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