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TCS sees profits slump, announces share buyback

India's largest software exporter Tata Consultancy Services announced a $2.18 billion share buyback plan Wednesday, even as its profits fell amid the financial fallout...

Reliance raises $1 billion through retail unit stake sale

Reliance Industries on Saturday announced Rs 73.50 billion ($1 billion) investments by Singapore sovereign wealth fund GIC and global private equity firm TPG Capital...

India to waive certain interest levies on loans in COVID-19 relief

The Indian government has told the Supreme Court it will waive certain interest levies on loans up to Rs. 20 million ($272,888) under a...

Indian-origin Issa brothers buy Walmart’s UK supermarket chain Asda

Britain's billionaire Issa brothers and private equity group TDR Capital have bought Asda from Walmart in a deal which gives the British supermarket chain...

Harley-Davidson close to deal with India’s Hero after stopping local manufacturing

Harley-Davidson is in advanced talks with India's Hero MotoCorp for a distribution deal which will allow the US company's motorcycles to be sold in...

Vodafone wins international arbitration against India in $2 billion tax case

Vodafone Group said on Friday it had won an international arbitration case against the Indian government, ending one of the most high-profile disputes in...

Feuding minority shareholder SP Group to exit Tata group

The largest minority shareholder in India's massive Tata group announced late Tuesday that it would exit the conglomerate, ending a bitter years-long battle following...
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