An Indonesian volcano belched thick clouds of sulphuric gas, sending 30 people to hospital and prompting the closure of the popular tourist and mining site.
Rising US interest rates are considered likely to undermine the high-yielding Indian rupee and Indonesian rupiah.
India, which is increasing linkages with the region, must play a greater role to shore up democracy in Southeast Asia.
Go-Jek has raised a higher than targeted $1.5 bn in a fundraising round from a dozen investors including BlackRock, Google, as the ride-hailing firm builds its war chest
Lagarde called on Indonesia to boost its potential growth rate and channel revenues to more development spending to help create jobs for its growing labor force.
Google Assistant is set to get smarter as the company makes it ready to be multilingual and be available in more than 30 languages, including Hindi, by end of this year.
Indonesian President Joko Widodo has nominated Perry Warjiyo, a deputy governor at Bank Indonesia (BI), as his nomination for central bank governor.
Caught between logistical bottlenecks and surging demand from power plants, India will likely increase coal imports in 2018, industry executives said.
A landslide on Indonesia’s heavily populated island of Java killed five people and left more than 15 people missing, an official at the country’s disaster agency said.
India's medium-term potential growth is likely to be above 7%, backed by policy reforms, higher investments and stable global growth environment, says an UBS report.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months