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Reuters

South Korea uncovers $600 mn in cryptocurrency crimes

TMT

31 January, 2018

South Korea uncovers $600 mn in cryptocurrency crimes

South Korea has uncovered cryptocurrency crimes worth 637.5 billion won ($594.35 million), which includes illegal foreign exchange trading, a statement ......

Bharti Airtel pulls out of race for Nigeria's 9mobile

TMT

31 January, 2018

Bharti Airtel pulls out of race for Nigeria's 9mobile

India’s largest telecoms operator, Bharti Airtel does not see much value in buying debt-laden Nigerian rival 9mobile and withdrew from ......

Budget 2018: Govt may set record $15.7 bn disinvestment target

Economy

29 January, 2018

Budget 2018: Govt may set record $15.7 bn disinvestment target

India’s government may look to raise as much as a record 1 trillion rupees ($15.7 billion) from the sale of ......

Uber CEO to visit India next month in quest to improve firm's image

TMT

25 January, 2018

Uber CEO to visit India next month in quest to improve firm's image

Uber Chief Executive Dara Khosrowshahi will make his first visit to Asia next month as the new head looks to ......

Xiaomi is India's top smartphone seller as Samsung loses crown after 6 years

TMT

25 January, 2018

Xiaomi is India's top smartphone seller as Samsung loses crown after 6 years

Samsung Electronics has lost its crown as the top smartphone seller in India for the first time in six years, ......

Indian govt to inject $14 bn into 20 public sector banks by March-end

Economy

24 January, 2018

Indian govt to inject $14 bn into 20 public sector banks by March-end

India on Wednesday unveiled details of a recapitalisation plan, pledging to inject nearly $14 billion into twenty lenders this fiscal ......

'Fine but strained': Uber CEO on firm's relationship with former boss Kalanick

People

23 January, 2018

'Fine but strained': Uber CEO on firm's relationship with former boss Kalanick

Uber Chief Executive Dara Khosrowshahi said the ride-hailing company’s relationship with former chief Travis Kalanick was “fine but strained”.Kalanick was ......

Tesla's Elon Musk may not get paid unless company hits milestones

People

23 January, 2018

Tesla's Elon Musk may not get paid unless company hits milestones

Silicon valley billionaire Elon Musk will get no salary or cash bonuses from Tesla Inc and all his compensation as ......

IMF growth forecast helps Sensex breach 36,000 as Nifty crosses 11,000

Markets

23 January, 2018

IMF growth forecast helps Sensex breach 36,000 as Nifty crosses 11,000

The NSE Nifty on Tuesday sailed past the 11,000 mark, while the BSE Sensex breached the 36,000 level for the ......

More M&As likely among state energy companies, hints oil minister

Manufacturing

23 January, 2018

More M&As likely among state energy companies, hints oil minister

India could see more integration among state oil companies, its oil minister said on Monday, following top producer ONGC's $5.8 ......