Reuters
TMT
RCom's big-ticket telecom merger with Aircel scrapped
Embattled telecom company Reliance Communications Ltd faced another setback on Sunday after a deal to merge its wireless business with smaller rival ......
TMT
In surprise move, Uber's Kalanick names two directors to board
Uber Technologies Inc co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly ......
Markets
Insurance IPOs in India set to power Asia share sales higher in Oct-Dec
Asia ex-Japan share sales are expected to rebound in the final quarter of 2017, led by tech-related IPOs in Hong ......
Finance
Stocks gain for a second day but post loss in September
The Nifty gained for a second straight session on Friday as sentiment improved after the government stuck to its budgeted ......
Manufacturing
Coal India scouts for metal mines overseas
Coal India Ltd, the world’s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering ......
TMT
Bitcoin crackdown fails to dissuade Chinese traders
Weeks after Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut, casting a chill over the ......
TMT
Musk's SpaceX shrinks Mars rocket ship to cut costs
To cut costs, Elon Musk’s SpaceX company has shrunk the size of the rocket ship it is developing to go ......
TMT
South Korea joins China in banning initial coin offerings
South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move ......
Finance
Global M&A deal value slips in July-Sept; Asia bucks trend
The value of mergers and acquisitions globally dropped slightly in the third quarter of 2017, as big deals worth more ......
Finance
National Stock Exchange aims for IPO in second half of 2018
The new chief executive of India’s National Stock Exchange (NSE) told Reuters he does not expect the bourse’s eagerly awaited ......