Reuters
TMT
Vodafone Idea to seek govt waiver on payments after court ruling
Loss-making Indian mobile carrier Vodafone Idea will ask the federal government for relief on payments of at least $4 billion ......
Markets
Nifty, Sensex close lower for the week
Indian shares eked out minor gains on Friday ahead of a local holiday, as a rally in State Bank of ......
Infrastructure
What led WeWork to accept SoftBank offer
Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation ......
Infrastructure
SoftBank to write down at least $5 bn for WeWork, Uber, other losses
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
Infrastructure
India's top airline cuts expansion targets after $150 mn quarterly loss
India's biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion targets, at ......
TMT
Airbnb bets on women hosts, millennial travellers for growth in India
Home rental company Airbnb Inc is betting on women in India opening up their homes to travellers, especially millennials, to ......
General
India jumps 14 places on World Bank's ease of doing business list
Faster bankruptcy resolution and issuance of construction permits helped India jump 14 places in the World Bank’s annual ranking of ......
TMT
Supreme Court upholds govt demand for nearly $13 bn of dues from mobile operators
India’s top court on Thursday upheld a demand by the country’s telecoms department that wireless carriers pay 920 billion rupees ......
Finance
Blackstone third-quarter earnings drop less than expected
Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Wednesday ......