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Reuters

India's current account deficit widens to four-year high in April-June

Economy

15 September, 2017

India's current account deficit widens to four-year high in April-June

India’s April-June current account deficit widened to its highest in four years as imports surged, but strong capital inflows comfortably ......

Angry Bird maker Rovio moves ahead with IPO at $1.1 bn valuation

TMT

15 September, 2017

Angry Bird maker Rovio moves ahead with IPO at $1.1 bn valuation

Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing that would value ......

Google parent Alphabet in talks to invest in Uber rival Lyft

TMT

15 September, 2017

Google parent Alphabet in talks to invest in Uber rival Lyft

Alphabet Inc is in discussions with Lyft Inc about a possible investment in the ride-hailing company, potentially deepening an existing ......

Bitcoin falls further as Chinese exchange announces halt in trading

TMT

14 September, 2017

Bitcoin falls further as Chinese exchange announces halt in trading

Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further ......

Goldman Sachs to sell up to $110 mn stake in Max Financial

Finance

14 September, 2017

Goldman Sachs to sell up to $110 mn stake in Max Financial

Goldman Sachs will sell shares worth up to $110 million in India’s Max Financial Services Ltd on Friday, according to ......

Tesla likely to unveil electric semi-truck next month

TMT

14 September, 2017

Tesla likely to unveil electric semi-truck next month

Tesla Inc Chief Executive Elon Musk said the electric carmaker is tentatively scheduled to unveil its planned semi-truck in late ......

Wholesale price inflation accelerates to four-month high in August

Economy

14 September, 2017

Wholesale price inflation accelerates to four-month high in August

India’s wholesale price inflation rose to 3.24% from a year ago, its fastest pace in four months, driven by higher ......

Google set to launch digital payment service in India

TMT

14 September, 2017

Google set to launch digital payment service in India

Alphabet Inc's Google plans to introduce a localised digital payment service in India as early as next week, technology website ......

Govt invites bids to hire bankers for Air India sale

Infrastructure

14 September, 2017

Govt invites bids to hire bankers for Air India sale

India has invited bids to appoint two financial advisors and one legal advisor for the privatisation of national carrier Air ......

Facebook to introduce tougher eligibility criteria for advertisers

TMT

13 September, 2017

Facebook to introduce tougher eligibility criteria for advertisers

Facebook has tightened its rules on who can make money from advertising on its network, responding to criticism that it ......