Latest All Business News

CORRECTED - DBS says divests 2.7 pct stake in India's HDFC Bank
- Reuters - Mon 11 May, 01:20 PM
SINGAPORE (Reuters) - Singapore's DBS Group said it sold its 2.7 percent stake in India's HDFC Bank on Friday, which, according to a banking source, raised about $260 million for the.

Indian property struggles as funds stay away
- Reuters - Mon 11 May, 01:20 PM
MUMBAI (Reuters) - India's troubled property developers are seeing early signs of a rebound, but high debt costs and a lack of private equity funding suggest a sustained recovery is unlikely for some..

ANALYSIS - Credit losses seen falling despite Q1 bank hits
- Reuters - Mon 11 May, 12:51 PM
LONDON (Reuters) - Sizeable writedowns by a handful of lenders this week have jolted but not wiped out confidence that European banks will see smaller credit writedowns this year after huge losses in...

BSE Sensex extends losses to over 1 pct
- Reuters - Mon 11 May, 12:51 PM
MUMBAI (Reuters) – The BSE Sensex extended losses to more than 1 percent on Monday afternoon, weighed down by political uncertainty ahead of general election results this.