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Google parent Alphabet's Eric Schmidt to quit as executive chairman

People

22 December, 2017

Google parent Alphabet's Eric Schmidt to quit as executive chairman

Alphabet Inc said on Thursday its Executive Chairman Eric Schmidt will step down in January, ending a 17-year-run in which ......

Flashback 2017: Investment bankers' fee drops despite higher shares sales

Finance

22 December, 2017

Flashback 2017: Investment bankers' fee drops despite higher shares sales

Funds raised in India through share sales reached the most in a decade this year thanks to booming stock markets, ......

Twitter targets business users with live news to boost ad revenue

TMT

21 December, 2017

Twitter targets business users with live news to boost ad revenue

Twitter Inc is turning its spotlight onto a new demographic in its bid to lure more advertising dollars to its ......

Uber rival Didi Chuxing gets $4 bn from SoftBank, others for global expansion

TMT

21 December, 2017

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 ......

Sequoia Capital seeks up to $6 bn for new global fund: Report

Finance

21 December, 2017

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 ......

Lodha Developers plans $1 bn IPO, hires bankers

Infrastructure

21 December, 2017

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 ......

Sensex falls from record highs ahead of RBI minutes

Finance

20 December, 2017

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 ......

SEBI, RBI, govt in talks on how to regulate cryptocurrencies

TMT

20 December, 2017

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 ......

HDFC Bank plans to raise $3.75 bn via share sales

Finance

20 December, 2017

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 ......

Uber is a transportation company, rules top EU court

TMT

20 December, 2017

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 ......