Reuters
TMT
Facebook to pay $5 bn fine to settle privacy violation allegations
The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of ......
Finance
AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections
The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the World ......
General
Govt moves bills in parliament to overhaul labour laws
India moved on Tuesday to overhaul decades-old labour laws, some dating from British colonial rule, by introducing two key measures ......
Manufacturing
Reliance Industries, Saudi Aramco talks on stake sale stall
India’s Reliance Industries talks to grant a minority stake in its refining assets to Saudi Aramco have hit a roadblock ......
Markets
Nifty, Sensex end lower for fourth day, financial stocks hurt most
Indian shares settled lower for a fourth straight session on Tuesday, weighed down by losses in financial stocks, with State ......
Finance
Dewan Housing auditors raise red flags around quarterly results
India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late on ......
Finance
Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya
An increase in government borrowing runs the risk of flooding the debt market, while making it expensive for companies to ......
Finance
SoftBank's VC arm raises $270 mn for early-stage investments
SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion ......
TMT
India govt panel recommends cryptocurrency ban, 10-year jail term
An Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and ......
Markets
Nifty, Sensex fall; HDFC Bank plunges as bad loans rise
Indian shares fell to their lowest since mid-May on Monday, dragged by banking bellwether HDFC Bank Ltd after it reported ......
