Reuters
TMT
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 ......
Finance
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 ......
Economy
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 ......
TMT
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 ......
TMT
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 ......
Markets
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 ......
Finance
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 ......
TMT
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, ......
Finance
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 ......
TMT
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 ......