Reuters
TMT
Uber faces FBI probe over software targeting rival Lyft
The Federal Bureau of Investigation is probing to see if Uber Technologies Inc had used software to illegally interfere with ......
Infrastructure
Turkish firm Celebi keen to acquire Air India's ground handling unit
Turkey’s Celebi Aviation Holding has shown interest in buying state-owned Air India’s ground handling operations, India’s aviation secretary Rajiv Nayan ......
General
Monsanto to sell cotton seed brand to Tierra Agrotech
Monsanto Co will sell its small branded cotton seed business to local firm Tierra Agrotech Private Ltd, but remains fully ......
TMT
Amazon to build $5-bn second headquarters in US
Amazon.com Inc said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition ......
Finance
Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks
India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path ......
Economy
Govt cracks down on directors of shell companies
Directors of Indian shell companies that have not filed tax returns for at least three years have been disqualified from ......
TMT
SoftBank, Saudi sovereign fund plan robotic initiative
Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used ......
TMT
Star India injects $192 mn into digital content arm
Star India, a media company backed by Twenty-First Century Fox, has injected 12.33 billion rupees ($192.04 million) into its digital ......
Markets
Stocks slip as North Korea nuclear tests continue to worry investors
Indian shares fell on Wednesday, while the rupee hit a three-week low against the dollar, as tensions over North Korea’s ......
Finance
SEBI suggests ‘calibrated system' to manage foreign inflows
A senior official at India’s capital markets regulator warned on Wednesday about the impact of “huge” foreign investments on the ......
