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Reuters

GST Council finalises rates for goods and services tax

Economy

19 May, 2017

GST Council finalises rates for goods and services tax

India on Thursday finalised tax rates that will apply to different goods and services under a new sales tax which ......

SoftBank to get $1 bn from Japan's Sharp for Vision fund

TMT

18 May, 2017

SoftBank to get $1 bn from Japan's Sharp for Vision fund

Sharp Corp said on Thursday it would invest up to $1 billion in SoftBank Group’s planned $100 billion Vision fund ......

GM to stop selling cars in India, shifts focus to exports

Manufacturing

18 May, 2017

GM to stop selling cars in India, shifts focus to exports

General Motors Co will stop selling cars in India from the end of this year, drawing a line under two ......

Honeywell floats $100 mn venture fund to back tech startups

Manufacturing

18 May, 2017

Honeywell floats $100 mn venture fund to back tech startups

Honeywell International Inc launched a $100 million investment fund on Wednesday that will focus on technology startups.Aerospace will be one ......

Google shifts mobile focus to apps, digital assistant

TMT

18 May, 2017

Google shifts mobile focus to apps, digital assistant

Mobile phone apps took center stage at Google’s annual developer conference on Wednesday as the search giant announced new features ......

Sensex, Nifty hit new record close for third day

Finance

17 May, 2017

Sensex, Nifty hit new record close for third day

Indian shares hit record closing highs on Wednesday, their third straight record close, helped by a surge in auto stocks ......

NBFCs march ahead in India as banks grapple with bad loans

Finance

17 May, 2017

NBFCs march ahead in India as banks grapple with bad loans

Indian banks' struggles with bad loans over the past three years have opened an opportunity to ramp up lending for ......

Bain Capital Ventures to start funding angel investors

Finance

16 May, 2017

Bain Capital Ventures to start funding angel investors

A well-known Silicon Valley venture capital firm is taking an unusual approach to technology investing by giving millions of dollars ......

CBI searches ex-minister Chidambaram's home over INX, Aircel-Maxis deals

General

16 May, 2017

CBI searches ex-minister Chidambaram's home over INX, Aircel-Maxis deals

The Central Bureau of Investigation (CBI) searched the homes of former finance minister P. Chidambaram and his son on Tuesday, ......

JPMorgan names Rohit Chatterji Asia Pacific M&A co-head in top-level rejig

People

16 May, 2017

JPMorgan names Rohit Chatterji Asia Pacific M&A co-head in top-level rejig

Rohit ChatterjiJPMorgan Chase & Co has shaken up its Asia Pacific top management, naming new heads for mergers and ......