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Reuters

Amazon to build $5-bn second headquarters in US

TMT

08 September, 2017

Amazon to build $5-bn second headquarters in US

Amazon.com Inc said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition ......

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

Finance

07 September, 2017

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path ......

Govt cracks down on directors of shell companies

Economy

07 September, 2017

Govt cracks down on directors of shell companies

Directors of Indian shell companies that have not filed tax returns for at least three years have been disqualified from ......

SoftBank, Saudi sovereign fund plan robotic initiative

TMT

07 September, 2017

SoftBank, Saudi sovereign fund plan robotic initiative

Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used ......

Star India injects $192 mn into digital content arm

TMT

06 September, 2017

Star India injects $192 mn into digital content arm

Star India, a media company backed by Twenty-First Century Fox, has injected 12.33 billion rupees ($192.04 million) into its digital ......

Stocks slip as North Korea nuclear tests continue to worry investors

Markets

06 September, 2017

Stocks slip as North Korea nuclear tests continue to worry investors

Indian shares fell on Wednesday, while the rupee hit a three-week low against the dollar, as tensions over North Korea’s ......

SEBI suggests ‘calibrated system' to manage foreign inflows

Finance

06 September, 2017

SEBI suggests ‘calibrated system' to manage foreign inflows

A senior official at India’s capital markets regulator warned on Wednesday about the impact of “huge” foreign investments on the ......

Facebook ad reach figures exceed US census data: Analyst

TMT

06 September, 2017

Facebook ad reach figures exceed US census data: Analyst

Figures Facebook Inc gives advertisers about its potential reach differ from U.S. census data, an investment analyst said on Tuesday, ......

Bain Capital hits first close for Asia debt fund at $557 mn

Finance

06 September, 2017

Bain Capital hits first close for Asia debt fund at $557 mn

Bain Capital made the first close to its Asia credit fund, raising $557 million as the private equity firm looks ......

Facebook testing features to monetise WhatsApp

TMT

05 September, 2017

Facebook testing features to monetise WhatsApp

Facebook Inc is gearing up to make money from WhatsApp, the messaging service used by more than a billion people ......