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International

Savio Shetty

India's largest stock exchange reopens after telecoms glitch

Feb 24 2021

MUMBAI A telecoms outage shut all trading on India's National Stock Exchange for nearly four hours on Wednesday before coming back up, leaving investors in the dark ahead of a monthly derivative contract expiry and forcing bourses to extend trading hours.

One in four Indians could have been infected with the coronavirus, lab head says

Aug 19 2020

MUMBAI At least one in four people in India may have been infected with the coronavirus - a much higher number than official government figures suggest, the head of leading private laboratory says.

India tightens regulations to limit virus-led market volatility

Mar 20 2020

MUMBAI India's market regulator on Friday halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares in a bid to curb "abnormally high" volatility amid the coronavirus pandemic.

Indian banking sector clobbered amid fallout from Yes Bank crisis

Mar 09 2020

BENGALURU/MUMBAI Shares in Indian banks slumped to a more than 13-month low on Monday as the crisis at Yes Bank Ltd spooked investors and sparked concerns about the broader sector.

Indian banking sector clobbered amid fallout from Yes Bank crisis

Mar 09 2020

BENGALURU/MUMBAI, March 9 Shares in Indian banks slumped to a more than 13-month low on Monday as the crisis at Yes Bank Ltd spooked investors and sparked concerns about the broader sector.

India's Yes Bank debacle jolts investors, customers and partners

Mar 06 2020

BENGALURU/MUMBAI/NEW DELHI Shares in India's Yes Bank plunged on Friday as panicky depositors rushed to withdraw funds and payment partners faced outages after the banking regulator took control of the lender in a late-night move and limited withdrawals.

India's SpiceJet to take 'substantial' profit hit from 737 MAX grounding: Chairman

Jan 23 2020

Indian airline SpiceJet Ltd expects a "substantial" profit hit from the grounding of Boeing's 737 MAX aircraft, co-founder and chairman Ajay Singh said on Thursday.

CITIC Capital bidding for 22% McDonald's China stake - chief

Jan 23 2020

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.

DAVOS-CITIC Capital bidding for 22% McDonald's China stake -chief

Jan 23 2020

Jan 23 Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.

CITIC Capital bidding for 22% McDonald's China stake: chief

Jan 23 2020

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.

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