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Chandini Monnappa

Indian central bank blocks Lakshmi Vilas-Indiabulls merger

09 Oct 2019

BENGALURU/MUMBAI Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls Housing Finance Ltd , making it the latest bank to face struggles in an already troubled sector.

As Softbank's Oyo booms, some Indian hotels cry foul and check out

08 Oct 2019

BENGALURU India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a simple promise of "hassle-free" online booking, transparent pricing and cheerful lodging.

Indian shares track broader Asia higher; auto stocks lead gains

13 Sep 2019

Sept 13 Indian shares ticked up on Friday led by auto stocks, while gains in broader Asia on improving Sino-U.S. trade relations and a rate cut from the European Central Bank eased fears of a global economic slowdown, boosting investor confidence.

Indian shares rise as trade woes ease; financial and metal stocks gain

12 Sep 2019

Sept 12 Indian shares rose on Thursday, in line with broader Asia, buoyed by signs of de-escalation in the Sino-U.S. trade war and as investors hoped that the European Central Bank will deliver stimulus to arrest a slowing global economy.

Nifty, Sensex end higher; auto stocks among top gainers

11 Sep 2019

BENGALURU Indian shares settled higher on Wednesday, ahead of key inflation data, with shares of Yes Bank Ltd witnessing its best session in over six months.

Indian shares rise ahead of inflation data; Yes Bank, Tata Motors shine

11 Sep 2019

Sept 11 Indian shares rose on Wednesday, led by Yes Bank Ltd and Tata Motors Ltd, ahead of key inflation data release, while gains in broader Asia amid easing Sino-U.S. tensions also buoyed trading sentiment.

Indian shares follow Asian peers higher on fresh trade-talk hopes

30 Aug 2019

Aug 30 Indian shares rose on Friday, in line with broader Asia, as the United States and China returned to resolving their tariff dispute and on hopes that central banks and governments will do more to avert a global growth slowdown.

Indian shares fall on recession worries; financials, metals drag

29 Aug 2019

Aug 29 Indian shares slipped on Thursday, led by declines in financials and metals, as fears of an impending global recession and worsening Sino-U.S. trade relations marred investor sentiment.

Indian shares nearly flat in volatile trade, U.S. recession fears hurt

28 Aug 2019

Aug 28 Indian shares were largely unchanged in volatile trading on Wednesday, in line with broader Asia, as worries about a global recession kept investors away from making fresh bets.

Indian shares rise on trade optimism, hopes of more stimulus

27 Aug 2019

Aug 27 Indian shares rose for a third straight session on Tuesday, as sentiment was boosted by easing global trade war worries and expectations of additional stimulus supported by a huge dividend from the Reserve Bank of India.

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