BENGALURU Indian police arrested a Goldman Sachs vice president on Tuesday after the Wall Street bank complained that he had tried to siphon more than $5 million of its funds, a police official said on Tuesday.
BENGALURU, Aug 23 Indian shares see-sawed in
subdued trading on Friday, as investors parsed through a series
of headlines about a much-expected fiscal stimulus aimed at
reviving economic growth and boosting market sentiment.
BENGALURU, Aug 23 Indian shares rebounded from a
sharp fall on Friday, following a media report that the
government could soon announce a rollback of higher taxes for
foreign portfolio investors (FPIs).
BENGALURU Parle Products Pvt Ltd, a leading Indian biscuit maker, might lay off up to 10,000 workers as slowing economic growth and falling demand in the rural heartland could cause production cuts, a company executive said on Wednesday.
Aug 19 Indian shares followed their Asian peers
higher on Monday, led by gains in pharmaceuticals stocks, after
reports of a potential stimulus package from Germany boosted
sentiment across global markets.
Aug 16 Indian shares slipped on Friday, dragged
by declines in metals and IT services stocks, as the local
markets caught up with a broader selloff in the previous day
after fears of a recession in the United States stoked worries
about global growth.
Aug 14 Indian shares followed their Asian peers
higher on Wednesday after Washington delayed tariffs on some
Chinese imports, bringing some relief to global markets rattled
by a bruising trade conflict.
BENGALURU, Aug 13 Indian shares slipped on
Tuesday, dragged lower by telecoms and automotive stocks, as
investors remained wary in the absence of any announcement about
a government fiscal stimulus package and ahead of key inflation
MANGALURU/BENGALURU Authorities in Southern India recovered the body of coffee baron V.G. Siddhartha floating in a river on Wednesday, two days after his disappearance sparked speculation that he was under intense financial strain.
BENGALURU The founder and largest shareholder of India's biggest coffee-chain owner Coffee Day Enterprises went missing on Tuesday, with media reports citing a letter purportedly written by him that said he gave in to pressure from lenders and tax authorities.