Reuters
TMT
Qatar affiliate to sell $1.46 bn stake in Bharti Airtel
An affiliate of Qatar Foundation Endowment will sell its 5 percent stake in Indian telecoms carrier Bharti Airtel Ltd for ......
Manufacturing
NMDC to compete against Adani, Vedanta for $9 bn diamond mine
India’s state-owned miner NMDC Ltd plans to bid for a $9 billion diamond project in Madhya Pradesh, three sources directly ......
TMT
Brookfield hunts for mobile towers in India as RCom deal hits a snag
A unit of Canada’s Brookfield Asset Management said it is evaluating a number of telecom tower portfolios in India to ......
Infrastructure
Competition watchdog clears GIC's $1.4 bn deal with DLF
India’s antitrust regulator has approved Singapore’s sovereign wealth fund GIC’s bid to acquire a stake in a firm owned by ......
TMT
Cryptocurrencies' market cap hits record $200 bn as bitcoin soars
The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website ......
Finance
Indiabulls sells 10% stake in Britain's OakNorth Bank to GIC for $118 mn
Singaporean sovereign investor GIC will take a 10 percent stake in British specialist bank OakNorth for 90 million pounds, OakNorth ......
TMT
Apple doubles India revenue in September quarter
By delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO ......
Economy
India services activity picks up pace in October on higher demand
India’s dominant services industry activity expanded at its fastest pace in four months in October as demand continued to strengthen ......
TMT
Bitcoin soars past $7,000 to hit new record
Digital currency bitcoin rocketed above $7,000 for the first time ever on Thursday, after a more than sevenfold increase in ......
TMT
Alibaba Q2 revenue jumps 61%, profit doubles
Chinese e-commerce giant Alibaba Group Holding Ltd said on Thursday its quarterly revenue climbed 61 percent, beating analysts' estimates, helped ......