Bloomberg India’s non-bank lenders rose after a newspaper reported that the Reserve Bank of India will offer them a credit line to help the shadow banks tide over a liquidity crisis. Indiabulls Real Estate Ltd., Dewan Housing Finance Corp. and Reliance Home Finance Ltd. traded more than 10% higher in Mumbai. The benchmark S&P BSE Sensex index gained 2.7% after ...

Bloomberg Goldman Sachs Group Inc. is in exclusive discussions to buy the B&B Hotels chain from European buyout firm PAI Partners. The transaction is expected to close in the second half of this year, PAI Partners said in a statement on Monday, without providing any financial details. Goldman Sachs is doing the deal through its merchant banking division, according to ...

Bloomberg Czech banks have avoided a threat of special taxes for the industry by agreeing in principle to contribute a portion of their profits to a national development fund proposed by Prime Minister Andrej Babis. Babis said on Monday he wants the units of Societe Generale SA, Erste Group Bank AG, KBC Groep NV, and UniCredit SpA, to pay an ...