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Reuters

Qatar affiliate to sell $1.46 bn stake in Bharti Airtel

TMT

07 November, 2017

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 ......

NMDC to compete against Adani, Vedanta for $9 bn diamond mine

Manufacturing

07 November, 2017

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 ......

Brookfield hunts for mobile towers in India as RCom deal hits a snag

TMT

06 November, 2017

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 ......

Competition watchdog clears GIC's $1.4 bn deal with DLF

Infrastructure

06 November, 2017

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 ......

Cryptocurrencies' market cap hits record $200 bn as bitcoin soars

TMT

03 November, 2017

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 ......

Indiabulls sells 10% stake in Britain's OakNorth Bank to GIC for $118 mn

Finance

03 November, 2017

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 ......

Apple doubles India revenue in September quarter

TMT

03 November, 2017

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 ......

India services activity picks up pace in October on higher demand

Economy

03 November, 2017

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 ......

Bitcoin soars past $7,000 to hit new record

TMT

02 November, 2017

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 ......

Alibaba Q2 revenue jumps 61%, profit doubles

TMT

02 November, 2017

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 ......