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Reuters

Indian govt kick starts process to merge state-run banks for reviving credit flow

Finance

23 August, 2017

Indian govt kick starts process to merge state-run banks for reviving credit flow

India approved a proposal on Wednesday to set up a ministerial panel to speed up consolidation of state-run banks as ......

Sensex ends higher as banking stocks gain

Markets

23 August, 2017

Sensex ends higher as banking stocks gain

Indian shares extended early gains to end higher on Wednesday, boosted by banking stocks after the cabinet approved a mechanism ......

Between steep discounts and mounting losses, how much is Uber actually worth?

TMT

23 August, 2017

Between steep discounts and mounting losses, how much is Uber actually worth?

What is the true cost of an Uber ride?That simple question is often lost among the many controversies facing the ......

Investors mark down Uber's valuation by up to 15%

TMT

23 August, 2017

Investors mark down Uber's valuation by up to 15%

Four mutual fund companies have marked down their investments in Uber Technologies Inc by as much as 15 percent following ......

Uber may team up with Singapore's top taxi firm ComfortDelgro to take on Grab

TMT

22 August, 2017

Uber may team up with Singapore's top taxi firm ComfortDelgro to take on Grab

Singapore's biggest taxi operator, ComfortDelgro Corp Ltd, entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it ......

Sensex ends in green, snaps two-day fall

Markets

22 August, 2017

Sensex ends in green, snaps two-day fall

Indian shares ended with marginal gains on Tuesday, as markets remained range-bound with investors keeping to the sidelines due to ......

Sensex falls as Infosys extends losses

Finance

21 August, 2017

Sensex falls as Infosys extends losses

Indian shares ended lower on Monday, with market heavyweight Infosys Ltd extending losses for a second session following Vishal Sikka's ......

Rosneft completes $12.9 bn Essar Oil deal

Manufacturing

21 August, 2017

Rosneft completes $12.9 bn Essar Oil deal

India's Essar Group on Monday announced closure of $12.9 billion deal to sell its refining arm Essar Oil to a ......

Norway's $1 tn sovereign fund faces a decision on backing private cos

Finance

18 August, 2017

Norway's $1 tn sovereign fund faces a decision on backing private cos

Jobs, taxes and schools will be top of Norwegian voters' minds when they go to the polls on Sept. 11, ......

Former Uber CEO terms VC investor lawsuit a 'public and personal attack'

TMT

18 August, 2017

Former Uber CEO terms VC investor lawsuit a 'public and personal attack'

The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top ......