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(Reuters) - Short-term home rental company Airbnb Inc is set to hire Morgan Stanley and Goldman Sachs Group Inc as joint lead advisers on its planned stock market flotation next year, people familiar with the matter said on Wednesday.…

Sumit Walia, vice-president, Product & Marketing, Oppo IndiaIndia is a key market for Oppo as it has played an instrumental role in the Chinese device maker’s global growth. “We have been strengthening our presence in India with…

The crisis at PMC Bank is understood to have been precipitated as it was funding a clutch of companies, mainly in the troubled real estate sector.The Institute of Chartered Accountants of India (ICAI), the body that regulates chartered…

Proceeds from the ETF will help the government meet its disinvestment target of Rs 1.05 lakh crore for the current financial year.The government will launch the fourth installment of Bharat-22 Exchange Traded Fund (ETF) on Thursday,…

JCPenney's CEO left in May. Now its second in command is out too. Penney said Thursday that Jeffrey Davis, the company's chief financial officer, was resigning 14 months after taking the job. Jerry Murray, a top executive,…

The trade war between China and the United States is intensifying, but Beijing has just taken one potential weapon off the table. Premier Li Keqiang told an audience of global executives and policymakers that China would…

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(Reuters) - A U.S. judge on Monday dismissed a proposed class action lawsuit against several large banks for allegedly rigging the market for Mexican government bonds, according to a court filing. JPMorgan Chase & Co, HSBC…

It is widely expected that RBI is going to cut its benchmark lending rate in its bi-monthly monetary policy review on October 4.Rushing to meet the RBIdeadline of October 1, many public sector lenders like Canara and Corporation Bank…

Driven by digital initiatives, the share of private banks in FDs has gone up from 22% in March 2017 to 29% in March 2019. For Q4FY19, it witnessed 100% y-o-y growth in its digitally booked FDs.Axis Bank, India’s third-largest private…