Reuters
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 ......
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 ......
