Reuters
TMT
Alibaba beats earning forecasts with 56% jump in revenues last quarter
Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online ......
Finance
Sensex closes flat after banking stocks fall; Infosys gains
Indian shares ended nearly flat on Thursday paring early gains due to a decline in banking shares, while a surge ......
Markets
Sensex logs biggest single-day gain in over a month
Indian shares rose more than 1 percent on Wednesday, recovering from earlier falls to post their biggest single-day percentage gain ......
Finance
Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch
The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at ......
TMT
Amazon opens pick-up points in US to boost brick-and-mortar play
Amazon.com Inc is rolling out U.S. pickup points where shoppers can retrieve items immediately after ordering them, shortening delivery times ......
TMT
Uber agrees to data privacy audits in FTC settlement
Uber Technologies Inc has agreed to two decades of audits after U.S. regulators found the ride-services company failed to protect ......
Economy
Retail inflation accelerates in July for first time in four months
India's annual consumer price inflation picked up in July after easing for three straight months as a decline in food ......
TMT
Facebook discreetly launches stealth app in China
Facebook Inc, whose social media platform is blocked in China, authorized a local company to launch a photo-sharing application in ......
Manufacturing
JSW Energy to invest up to $623 mn in electric cars
JSW Energy will invest up to 40 billion rupees ($623 million) to build electric cars, batteries and charging infrastructure, part ......
TMT
Amazon may enter event ticketing in US
Amazon.com Inc is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a ......
