Reuters
Finance
IDFC Bank, Warburg-backed Capital First to merge in $1.5 bn deal
IDFC Bank Ltd, one of India’s two newest banks, will acquire non-bank financial firm Capital First Ltd in a share ......
Finance
India industrial growth hit two-yr high in November; inflation more than expected
Rising food prices pushed India's retail inflation to a 17-month high in December, breaching the central bank's medium-term target for ......
Markets
Energy, financial stocks help markets post record close
Indian shares edged higher on Friday to a record close, boosted by surging financial and energy stocks, while investors awaited ......
TMT
Facebook revamps News Feed to promote content from friends and family
Facebook Inc on Thursday began to change the way it filters posts and videos on its centerpiece News Feed, the ......
People
Berkshire's Warren Buffett elevates Ajit Jain, Greg Abel in move toward succession
Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its ......
TMT
Bitcoin slumps on South Korea's plan to ban cryptocurrency trading
South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual ......
TMT
Security flaws: Cloud companies consider Intel rivals; Nvidia updates software
Some of Intel Corp’s data center customers, whose thousands of computers run cloud networks, are exploring using microchips from the ......
TMT
China's cyber watchdog raps Alibaba payment affiliate over user privacy breach
China’s cyber watchdog has scolded Ant Financial, Alibaba’s payment affiliate, for compromising user privacy after many users of its Alipay ......
Finance
Satyam scandal: PricewaterhouseCoopers gets two yr SEBI ban on auditing listed cos
The Securities and Exchange Board of India (SEBI) late on Wednesday barred Price Waterhouse from auditing listed companies in the ......
Infrastructure
Foreign investors can now own up to 49% of Air India
India cleared a proposal on Wednesday to allow foreign investors to own up to a 49 percent stake in state-run ......
