Edition:
India

Savio Shetty

India tightens regulations to limit virus-led market volatility

20 Mar 2020

MUMBAI India's market regulator on Friday halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares in a bid to curb "abnormally high" volatility amid the coronavirus pandemic.

Indian banking sector clobbered amid fallout from Yes Bank crisis

09 Mar 2020

BENGALURU/MUMBAI Shares in Indian banks slumped to a more than 13-month low on Monday as the crisis at Yes Bank Ltd spooked investors and sparked concerns about the broader sector.

India's Yes Bank debacle jolts investors, customers and partners

06 Mar 2020

BENGALURU/MUMBAI/NEW DELHI Shares in India's Yes Bank plunged on Friday as panicky depositors rushed to withdraw funds and payment partners faced outages after the banking regulator took control of the lender in a late-night move and limited withdrawals.

India's SpiceJet to take 'substantial' profit hit from 737 MAX grounding: Chairman

23 Jan 2020

Indian airline SpiceJet Ltd expects a "substantial" profit hit from the grounding of Boeing's 737 MAX aircraft, co-founder and chairman Ajay Singh said on Thursday.

CITIC Capital bidding for 22% McDonald's China stake - chief

23 Jan 2020

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.

DAVOS-CITIC Capital bidding for 22% McDonald's China stake -chief

23 Jan 2020

Jan 23 Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.

CITIC Capital bidding for 22% McDonald's China stake: chief

23 Jan 2020

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.

India asks states to halt online drug sales

04 Dec 2019

NEW DELHI/MUMBAI India's drugs regulator has asked all states to enforce a court directive prohibiting online medicine sales, a senior government official said on Wednesday, raising industry concerns it could disrupt some online businesses.

Exit polls cheer India's ruling party; markets set to rally

19 May 2019

MUMBAI/BENGALURU Indian equities, rupee and bonds are set to rally on Monday after almost all exit polls suggested that the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) was likely to secure a clear mandate at the 2019 national elections.

Exit polls cheer India's ruling party; markets set to rally

19 May 2019

MUMBAI/BENGALURU Indian equities, rupee and bonds are set to rally on Monday after almost all exit polls suggested that the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) was likely to secure a clear mandate at the 2019 national elections.

World News

Trump pushes military solution to unrest in U.S. cities

President Donald Trump on Tuesday said U.S. troops should take to the streets of New York City, while elsewhere five officers were shot and wounded, as police clashed with crowds nationwide protesting the killing of an unarmed black man.