Reuters
TMT
Google to invest $350 mn in Flipkart at $37 bn valuation
Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at ......
Finance
Rupee bucks trend against declining Asian currencies, rises to 2-month high
The Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities even as most ......
Finance
Sensex, Nifty end flat for the day but post best weekly gain since Feb
Indian benchmarks ended flat on Friday, but logged their best week since early February, driven by gains in financials and ......
TMT
Microsoft's UAE deal could transfer key US chips and AI technology abroad
Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could ......
Finance
Geopolitical risks top concern for global family offices: UBS survey
A major geopolitical conflict is the top risk for global family offices in both the near- and medium-term, while North ......
Finance
Paytm slides deeper into losses after RBI order, warns of more downside
Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......
Finance
First Abu Dhabi Bank in advanced talks to buy Turkish lender for $8 bn
First Abu Dhabi Bank (FAB) is in advanced talks to acquire Turkish conglomerate Koc Group's 61.2% stake in Istanbul-based lender ......
Finance
Sensex, Nifty end flat after recovering from lows; metals provide support
Indian shares recovered to close flat on Tuesday, with gains in metal stocks offsetting declines in other sectors following top ......
TMT
IBM inks deal with Saudi to train AI system in Arabic, to unveil new models
International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and ......
Finance
Saudi's SMASCO sets issue price for $240 mn IPO
Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......