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Reuters

US considers H-1B visa caps to deter India data storage rules

TMT

20 June, 2019

US considers H-1B visa caps to deter India data storage rules

The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies ......

US Fed keeps rates unchanged, signals cuts to fight growing economic risks

Economy

20 June, 2019

US Fed keeps rates unchanged, signals cuts to fight growing economic risks

The U.S. Federal Reserve on Wednesday signalled interest rate cuts beginning as early as July, saying it is ready to ......

Sensex little changed; Yes Bank's bear run continues

Markets

19 June, 2019

Sensex little changed; Yes Bank's bear run continues

Indian shares pared early gains and were nearly flat at the closing bell on Wednesday, as expectations of the U.S. ......

India among favourites for making iPhone as Apple mulls reducing reliance on China

TMT

19 June, 2019

India among favourites for making iPhone as Apple mulls reducing reliance on China

Apple Inc has asked its major suppliers to assess the cost implications of moving 15% to 30% of their production ......

Blackstone chief Stephen Schwarzman donates $188 mn to Oxford University

Finance

19 June, 2019

Blackstone chief Stephen Schwarzman donates $188 mn to Oxford University

The head of private equity firm Blackstone has pledged 150 million pounds ($188.37 million) to Oxford University, the biggest single ......

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Finance

19 June, 2019

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and ......

Sensex closes higher as IT stocks gain; Jet Airways tanks 40%

Markets

18 June, 2019

Sensex closes higher as IT stocks gain; Jet Airways tanks 40%

Indian shares ended higher on Tuesday, led by gains in IT and oil marketing companies, ahead of the U.S. Federal ......

RBI to review data storage rules that irked Visa, Mastercard

TMT

18 June, 2019

RBI to review data storage rules that irked Visa, Mastercard

India will examine concerns raised by foreign technology companies around stringent rules to store data locally, the government said on ......

Jet Airways' lenders to take grounded carrier to bankruptcy court

Infrastructure

17 June, 2019

Jet Airways' lenders to take grounded carrier to bankruptcy court

Jet Airways' creditors said on Monday they plan to begin insolvency proceedings against the Indian airline in a last-ditch bid to ......

Sembcorp defers IPO of India energy unit

Infrastructure

17 June, 2019

Sembcorp defers IPO of India energy unit

Singaporean industrial conglomerate Sembcorp Industries Ltd said it has withdrawn a draft prospectus for listing its Indian energy arm, as ......