Reuters
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 ......
Finance
Govt freezes bank accounts of over 2 lakh suspected shell companies
India has frozen the bank accounts of 209,032 suspected shell companies as part of a crackdown on illegal transactions and ......
Economy
India services output shrinks again in August on GST confusion
Activity in India's dominant services sector contracted for a second straight month in August as disruptions caused by a new ......
Finance
Singapore's DBS gets RBI nod to set up subsidiary for banking ops
Singapore’s biggest lender DBS Group Holdings has won the Reserve Bank of India’s approval to provide banking services in the ......
TMT
China bans initial coin offerings; prices slump
China on Monday banned individuals and organizations from raising funds through initial coin offerings (ICO), or launches of digital currencies, ......
Markets
Sensex gains as weak GDP growth raises hopes of rate cut
Indian shares rose on Friday and were set for a third consecutive session of gains after much weaker-than-expected economic growth ......
Manufacturing
Factory output expands in August as GST chaos eases
India’s factory activity unexpectedly expanded in August, snapping back from a contraction the previous month, as disruptions stemming from confusion ......
Economy
GDP growth hits three-year low of 5.7% in April-June
India’s economy unexpectedly slowed further to a three-year low in the quarter through June, delivering a blow to Prime Minister ......