Business

Business

Aramco to take 20% in RIL refinery, chemical biz in India’s biggest FDI deal

Mukesh Ambani on Monday announced that Saudi oil giant Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries'...

India business awaits changes to Raj era labour laws

WITH steel machines hissing and whirring and staff studiously manning production lines, Sunder Rajan's factory about two hours southwest of New Delhi is prospering. But...

Turkey’s military pension fund reaches British Steel deal

Turkey's military pension fund OYAK has reached a provisional agreement to take over British Steel and could close the deal by the end of...

Brexit turmoil drives UK towards recession

Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge...

Malaysia charges current, ex-Goldman executives over 1MDB scandal

Malaysia filed criminal charges Friday against 17 current and former executives of three Goldman Sachs subsidiaries, piling further pressure on the Wall Street titan...

UK’s HKS Retail Sold To Multinational Group

ONE OF Britain’s leading Asian-owned businesses has been sold to an international petroleum products retailer and energy company, Prax, for an undisclosed amount. Leicester-based HKS...

Sensex hits another peak of 35,476.70; Nifty at 10,887.10

The BSE Sensex continued its record-setting spree for a second day, scaling a new high of 35,476.70 in opening trade today as banking stocks...

AB InBev sells Australian assets including Foster’s

The world's leading brewer Anheuser-Busch InBev said Friday it is selling its assets in Australia - including the Foster's beer brand - to pay...

China vows to strike back at US tariffs threat

The trade war between the United States and China escalated on Friday as Beijing threatened to unleash "countermeasures" against US plans to impose tariffs...

Indian-American Dhivya Suryadevara, Named GMs Financial Head

General Motors Co said on Wednesday Dhivya Suryadevara, currently vice president of corporate finance, will succeed Chuck Stevens on Sept. 1 as Chief Financial...