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India govt, Facebook spar over decryption laws at Supreme Court

TMT

22 October, 2019

India govt, Facebook spar over decryption laws at Supreme Court

India's government asked Facebook Inc on Tuesday to help it decrypt private messages on its network, citing national security requirements ......

Sensex, Nifty end lower as Infosys crashes

Markets

22 October, 2019

Sensex, Nifty end lower as Infosys crashes

Indian shares closed down on Tuesday, dragged by a sharp fall in Infosys stock, while weak earnings from a raft ......

Some 300,000 employees of state-led banks strike against mergers

Finance

22 October, 2019

Some 300,000 employees of state-led banks strike against mergers

Nearly 300,000 employees of Indian state-run banks went on strike on Tuesday against government plans to consolidate the sector through ......

UBS axing investment banking jobs as earnings continue to slide

Finance

22 October, 2019

UBS axing investment banking jobs as earnings continue to slide

Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% ......

Infosys probes alleged ‘unethical practices' by CEO Salil Parekh; shares plunge

People

22 October, 2019

Infosys probes alleged ‘unethical practices' by CEO Salil Parekh; shares plunge

Infosys Ltd said on Tuesday it was investigating allegations of "unethical practices" by Chief Executive Officer Salil Parekh after receiving ......

Piyush Goyal says differences resolved with US over trade deal

Economy

21 October, 2019

Piyush Goyal says differences resolved with US over trade deal

India’s Trade Minister Piyush Goyal said on Monday that the broad contours of a trade deal with the United States ......

SoftBank to skip WeWork's lease obligations with new funding lifeline

Infrastructure

21 October, 2019

SoftBank to skip WeWork's lease obligations with new funding lifeline

SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the ......

Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

Infrastructure

21 October, 2019

Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

ESR Cayman Ltd, backed by private-equity firm Warburg Pincus, relaunched a bigger Hong Kong initial public offering (IPO) that aims ......

India to take more steps to boost consumer demand, growth: Chief economic adviser

Economy

18 October, 2019

India to take more steps to boost consumer demand, growth: Chief economic adviser

India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a ......

Sensex rises; Reliance Industries touches record high

Markets

18 October, 2019

Sensex rises; Reliance Industries touches record high

Indian shares closed higher on Friday, led by gains in metal and state-owned banks while India's most valuable company, Reliance ......