Reuters
Markets
Sensex soars to new record; Reliance, ONGC lead gains
Indian shares hit record closing highs on Monday for a fourth straight session led by Reliance Industries, while Oil and ......
TMT
Amazon set to open automated grocery store
Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, ......
Manufacturing
ONGC to acquire majority stake in HPCL for $5.8 bn
India’s biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to buy the government’s majority stake in state-refiner Hindustan ......
Finance
India's proposed investment treaty terms leave foreign partners cold
After having cancelled investment treaties with about 50 foreign governments in 2017, India is now struggling to convince a few ......
TMT
Indian cryptocurrency investors get tax notices as trading hits $3.5 bn
India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more ......
Finance
Tribunal refuses to stay two-year audit ban on PwC
India’s Securities Appellate Tribunal (SAT) said on Friday that Price Waterhouse can continue to service existing clients whose financial year ......
TMT
Google signs patent deal with Tencent to boost China prospects
Alphabet Inc’s Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to ......
Infrastructure
Indian govt to set up $350 mn fund to finance solar projects
India will set up a $350 million fund to finance solar projects, Power Minister R.K. Singh said, as the country ......
TMT
Google, Temasek to invest in ride-hailing startup Go-Jek: Report
Alphabet Inc’s Google, Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising ......
Finance
Global SWF investment shrank in 2017; late stage VC & pre-IPO deals pop up
Sovereign investor deal-making fell 24% in 2017 to $72.5 billion as mega-deals such as China Investment Corp's (CIC) bumper $13.8 ......
