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Reuters

SoftBank arm buying two robotics businesses from Alphabet Inc

TMT

09 June, 2017

SoftBank arm buying two robotics businesses from Alphabet Inc

Japan's SoftBank Group Corp (9984.T) said on Friday that a unit of the company will buy two firms that build ......

Flipkart- and Ola-backer DST Global sees $4 tn of new Internet firms by 2025

TMT

09 June, 2017

Flipkart- and Ola-backer DST Global sees $4 tn of new Internet firms by 2025

A surge in online consumer spending globally in coming years will create $4 trillion worth of new internet companies by ......

RBI keeps interest rates on hold, lowers inflation projection

Finance

07 June, 2017

RBI keeps interest rates on hold, lowers inflation projection

The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6.25 percent on Wednesday, as widely expected, ......

GDF to sell entire 10% stake in Petronet for up to $512 mn

Infrastructure

07 June, 2017

GDF to sell entire 10% stake in Petronet for up to $512 mn

GDF International will sell its entire 10 percent stake in India's Petronet LNG Ltd in block trades on Thursday for ......

Cabinet clears IPO of green energy agency IREDA

Infrastructure

07 June, 2017

Cabinet clears IPO of green energy agency IREDA

The cabinet approved a plan on Wednesday to publicly list state-owned Indian Renewable Energy Development Agency (IREDA) to fund its ......

Uber sacks 20 employees after sexual harassment probe

TMT

07 June, 2017

Uber sacks 20 employees after sexual harassment probe

Uber Technologies Inc said on Tuesday it fired 20 employees and was improving management training following an investigation by a ......

Asian sovereign investors raise exposure to realty in home markets

Finance

06 June, 2017

Asian sovereign investors raise exposure to realty in home markets

Sovereign investors are raising their property exposure at the expense of low-yielding bonds in an attempt to boost returns, but ......

RBI likely to hold rates steady

Finance

06 June, 2017

RBI likely to hold rates steady

The Reserve Bank of India has pulled surprises at its last three policy meetings, so another can't be ruled out ......

India weather office ups monsoon forecast to 98% of long-term average

General

06 June, 2017

India weather office ups monsoon forecast to 98% of long-term average

India's crucial monsoon rains are expected to reach 98 percent of the long-term average this year, the India Meteorological Department ......

Adani to go ahead with $4 bn Australia coal mine

Manufacturing

06 June, 2017

Adani to go ahead with $4 bn Australia coal mine

India's Adani Enterprises gave final investment approval on Tuesday for its $4 billion Carmichael coal mine and railway in Australia's ......