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Sensex falls as Infosys extends losses

Finance

21 August, 2017

Sensex falls as Infosys extends losses

Indian shares ended lower on Monday, with market heavyweight Infosys Ltd extending losses for a second session following Vishal Sikka's ......

Rosneft completes $12.9 bn Essar Oil deal

Manufacturing

21 August, 2017

Rosneft completes $12.9 bn Essar Oil deal

India's Essar Group on Monday announced closure of $12.9 billion deal to sell its refining arm Essar Oil to a ......

Norway's $1 tn sovereign fund faces a decision on backing private cos

Finance

18 August, 2017

Norway's $1 tn sovereign fund faces a decision on backing private cos

Jobs, taxes and schools will be top of Norwegian voters' minds when they go to the polls on Sept. 11, ......

Former Uber CEO terms VC investor lawsuit a 'public and personal attack'

TMT

18 August, 2017

Former Uber CEO terms VC investor lawsuit a 'public and personal attack'

The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top ......

Alibaba beats earning forecasts with 56% jump in revenues last quarter

TMT

18 August, 2017

Alibaba beats earning forecasts with 56% jump in revenues last quarter

Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online ......

Sensex closes flat after banking stocks fall; Infosys gains

Finance

17 August, 2017

Sensex closes flat after banking stocks fall; Infosys gains

Indian shares ended nearly flat on Thursday paring early gains due to a decline in banking shares, while a surge ......

Sensex logs biggest single-day gain in over a month

Markets

16 August, 2017

Sensex logs biggest single-day gain in over a month

Indian shares rose more than 1 percent on Wednesday, recovering from earlier falls to post their biggest single-day percentage gain ......

Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch

Finance

16 August, 2017

Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch

The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at ......

Amazon opens pick-up points in US to boost brick-and-mortar play

TMT

16 August, 2017

Amazon opens pick-up points in US to boost brick-and-mortar play

Amazon.com Inc is rolling out U.S. pickup points where shoppers can retrieve items immediately after ordering them, shortening delivery times ......

Uber agrees to data privacy audits in FTC settlement

TMT

16 August, 2017

Uber agrees to data privacy audits in FTC settlement

Uber Technologies Inc has agreed to two decades of audits after U.S. regulators found the ride-services company failed to protect ......