Chandini Monnappa

Bharti Airtel to raise $3 billion as India seeks levy from telcos

04 Dec 2019

BENGALURU Indian telecom operator Bharti Airtel Ltd said on Wednesday it would raise up to $3 billion via debt and equity, as it looks for ways to pay down overdue fees it owes the government.

India to start DHFL's bankruptcy proceedings in latest shadow banking crisis

20 Nov 2019

MUMBAI/BENGALURU India's central bank on Wednesday said it will begin bankruptcy proceedings against Dewan Housing Finance Coporation Ltd (DHFL), a move that puts the country's ailing shadow banking sector back in the spotlight.

Telecom shares rise on hopes of government help

15 Nov 2019

BENGALURU/NEW DELHI Indian telecom stocks rose on Friday amid hopes that the government would step in to help the ailing sector, a day after two top mobile carriers warned their ability to operate and make profits would depend on relief from the country.

Indian shares slip after Moody's cuts outlook to 'negative'

08 Nov 2019

Nov 8 Indian shares inched lower on Friday after Moody's Investors Service lowered its ratings outlook to "negative" from "stable", saying it was increasingly likely that economic growth will remain lower than in the past.

Real estate stocks push Sensex, Nifty higher

07 Nov 2019

BENGALURU, Indian shares extended gains on Thursday, led by a rally in real estate stocks after the government approved 100 billion rupees ($1.41 billion) for a fund to help clear stalled housing projects.

Sensex, Nifty inch lower; Titan slumps on weak results, guidance

06 Nov 2019

BENGALURU Indian shares slipped in early trade on Wednesday, dragged by financial and consumer discretionary stocks, and tracking weakness in broader Asia.

Sensex, Nifty inch up on trade deal optimism

05 Nov 2019

BENGALURU Indian shares extended gains on Tuesday on increasing hopes of a trade truce between the United States and China, while optimism around solid, consumer-driven economic growth in the U.S. aided sentiment.

Indian shares extend rally, Sensex hits record peak

04 Nov 2019

Nov 4 Indian shares jumped on Monday, extending gains to a seventh straight session, boosted by the government's plan to offer more capital to finance the country's infrastructure needs and reports of further tax reforms.

Indian shares extend gains, IOC drops after weak results

01 Nov 2019

Nov 1 Indian shares extended gains seen through the week on Friday, as a raft of strong earnings raised expectations of a better December quarter.

Nifty, Sensex gain after Fed rate cut

31 Oct 2019

Indian shares advanced for a fourth straight session on Thursday, inching up over half a percent, after a rate cut by the U.S. Federal Reserve in line with expectations, boosted investor appetite across the globe.

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