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Reuters

Amazon feels little impact of compliance with new Indian e-tail rules as profit soars

TMT

26 April, 2019

Amazon feels little impact of compliance with new Indian e-tail rules as profit soars

Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two ......

Sensex closes lower amid volatile trade

Markets

25 April, 2019

Sensex closes lower amid volatile trade

Indian shares erased early gains to settle lower on Thursday due to volatility around the expiry of April derivative contracts, ......

SoftBank invests $125 mn in Alphabet's Loon internet balloons

TMT

25 April, 2019

SoftBank invests $125 mn in Alphabet's Loon internet balloons

A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet ......

Raghuram Rajan seen as a contender for Bank of England chief

Finance

25 April, 2019

Raghuram Rajan seen as a contender for Bank of England chief

Britain is searching for a new governor of the Bank of England to succeed Mark Carney in early 2020. Chancellor Philip ......

Uber's Amit Jain quits as Asia-Pacific unit chief

People

24 April, 2019

Uber's Amit Jain quits as Asia-Pacific unit chief

Uber Technologies Inc said on Wednesday the head of its Asia-Pacific operations will leave the company at the end of ......

Sensex closes higher after late rally

Markets

24 April, 2019

Sensex closes higher after late rally

Indian shares posted sharp gains in the last hour of trade on Wednesday, with index heavyweights such as Reliance Industries ......

SoftBank-backed Bytedance says losing $500K daily due to India TikTok ban

TMT

23 April, 2019

SoftBank-backed Bytedance says losing $500K daily due to India TikTok ban

India’s ban on popular Chinese video app TikTok is resulting in “financial losses” of up to $500,000 a day for ......

Sensex erases early gains to close lower for third session in a row

Markets

23 April, 2019

Sensex erases early gains to close lower for third session in a row

Indian shares ended lower for a third straight session on Tuesday, erasing gains in morning trade, hurt by declining financial ......

Tencent-backed Chinese live-streaming app DouYu eyes $500 mn in US IPO

TMT

23 April, 2019

Tencent-backed Chinese live-streaming app DouYu eyes $500 mn in US IPO

China’s largest live-streaming platform DouYu International Holdings Limited, backed by social media and gaming giant Tencent Holdings Ltd, has filed ......

Indian junk bonds make a comeback as sales soar to five-year high

Finance

23 April, 2019

Indian junk bonds make a comeback as sales soar to five-year high

Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted ......