Posts Tagged ‘India’

Saudi Arabia’s crown prince could play statesman

By BOBBY GHOSH / Pic By BLOOMBERG
So far, so utterly predictable. Crown Prince Mohammed Salman’s grand tour of Asia has proceeded along the lines ...

India threatens billionaire with jail on debt

NEW DELHI • In a remarkable warning to India’s elite, the nation’s top court said it will put one of the country’s most prominent business executives ...

BofA seeks rule change to quicken India’s bad-loan clean-up

MUMBAI • India’s distressed debt market is being hobbled by rules that bar foreign funds from directly buying up bank loans, according to Bank of America ...

Pakistan’s Khan warns India against attack

The PM says Pakistan is ‘ready to talk’ about terrorism with India
ISLAMABAD • Pakistan is ready to help India investigate the deadliest blast in ...

Arcelor makes RM2.7b bid for Essar Power plant

NEW DELHI • ArcelorMittal SA has made an offer of 48 billion rupees (RM2.74 billion) to buy an Essar Power Ltd generation plant in India, outbidding the ...

Sensex extends losing streak to 9 days

MUMBAI • Indian equities declined over concerns that India may escalate its response to a deadly attack on its armed forces last week, while uncertainty ...

Modi gets RM16.3b cash from RBI before polls

MUMBAI • India’s central bank will consider an early transfer of a part of its profit to the government, which is desperate for cash to fund populist ...

Valuations too high for Indian equities

By FUND SUPERMART RESEARCH / Pic By BLOOMBERG
India’s economy is growing strong and its equity market benchmark, the BSE Sensex Index, is trading at a ...

5.1-magnitude hits India’s Bay of Bengal

NEW DELHI – A moderate earthquake hit India’s Bay of Bengal on Tuesday, officials said.
Xinhua News Agency reported that according to the ...

Venezuela oil czar courts India after RM81.5b hit from the US

By BLOOMBERG
NEW DELHI • Venezuela’s oil minister made a surprise appearance at an energy event in India, as the embattled OPEC producer seeks closer ...

KKR turns to impact fund co-investing in India

By BLOOMBERG
NEW YORK • KKR & Co Inc is bringing its impact fund into a deal for an Indian waste- collection company, seeking to boost ...

India Sensex fluctuates as RBI delivers rate cut

By BLOOMBERG
MUMBAI • India’s benchmark equity index was whipsawed yesterday after the Reserve Bank of India (RBI) unexpectedly cut its key policy rate ...