Reuters
TMT
Uber rival Didi Chuxing gets $4 bn from SoftBank, others for global expansion
Chinese ride-hailing service Didi Chuxing Technology Co has raised $4 billion in a new funding round, the firm said on ......
Finance
Sequoia Capital seeks up to $6 bn for new global fund: Report
Silicon Valley venture capital giant Sequoia Capital is in the early stages of raising $5 billion to $6 billion for ......
Infrastructure
Lodha Developers plans $1 bn IPO, hires bankers
India’s Lodha Developers is looking to raise up to $1 billion through an initial public offering that is likely to ......
Finance
Sensex falls from record highs ahead of RBI minutes
Indian shares fell for the first time in five sessions on Wednesday after hitting record highs earlier, as caution set ......
TMT
SEBI, RBI, govt in talks on how to regulate cryptocurrencies
India’s capital market regulator is talking with the government and central bank about how to regulate cryptocurrencies, its chairman said ......
Finance
HDFC Bank plans to raise $3.75 bn via share sales
HDFC Bank Ltd, India’s second-biggest lender by assets, said it would raise up to 240 billion rupees ($3.75 billion) to ......
TMT
Uber is a transportation company, rules top EU court
Uber should be classified as a transport service and regulated like other taxi operators, the European Union’s top court said ......
TMT
Bitcoin slumps nearly 20% to one-week low
Bitcoin fell more than 10 percent on Wednesday to a one-week low of $15,800 at cryptocurrency exchange Bitstamp , losing ......
Markets
Auto stocks drive Sensex, Nifty to record closing high
Indian indexes marked record closing highs on Tuesday, driven by automakers as regional markets gained at the prospect of passage ......
Finance
Sensex reverses losses to end higher as BJP leads in state polls
Indian shares reversed earlier losses to end higher on Monday as Prime Minister Narendra Modi’s party appeared to win elections ......
