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Reuters

Bitcoin hits all-time high, sparks fears of bubble

TMT

10 August, 2017

Bitcoin hits all-time high, sparks fears of bubble

Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.The price ......

Adani hires funding adviser for Australia coal mine

Manufacturing

10 August, 2017

Adani hires funding adviser for Australia coal mine

India's Adani Enterprises has appointed corporate finance firm Grant Samuel to advise on funding for its multi-billion dollar coal mine ......

Amazon, Tencent join $300 mn funding round in Android creator's startup

TMT

10 August, 2017

Amazon, Tencent join $300 mn funding round in Android creator's startup

Essential Products, the smartphone startup founded by a co-creator of the Android mobile operating system, has raised $300 million in ......

Uber may wind down or sell US car-leasing business

TMT

09 August, 2017

Uber may wind down or sell US car-leasing business

Ride-hailing company Uber is evaluating options for its capital-intensive U.S. car-leasing business, including a sale of the unit, a source ......

GST Network's chief prods companies to gear up for first tax filing deadline

Economy

09 August, 2017

GST Network's chief prods companies to gear up for first tax filing deadline

Millions of companies in India are still not ready to file their first returns under the new Goods and Services ......

I Squared Capital aims to raise $6.5 bn in new infra fund

Finance

09 August, 2017

I Squared Capital aims to raise $6.5 bn in new infra fund

Infrastructure investor I Squared Capital aims to raise as much as $6.5 billion in a new global fund to tap ......

SoftBank to invest $1 bn in US sports e-commerce firm Fanatics

TMT

09 August, 2017

SoftBank to invest $1 bn in US sports e-commerce firm Fanatics

SoftBank Group Corp is investing $1 billion in Fanatics Inc as a part of a funding round that values the ......

Sensex ends lower after SEBI's trading curbs on shell companies

Markets

08 August, 2017

Sensex ends lower after SEBI's trading curbs on shell companies

Indian shares ended lower for a second consecutive session on Tuesday on concerns over a broad government crackdown on suspected ......

Didi Chuxing backs Uber's Middle East rival Careem

TMT

08 August, 2017

Didi Chuxing backs Uber's Middle East rival Careem

DiDi Chuxing, China's largest ride-hailing firm, has invested in Middle East online taxi service Careem in a new partnership deal ......

SEBI cracks down on shell companies in surprise move

Markets

08 August, 2017

SEBI cracks down on shell companies in surprise move

India imposed trading restrictions on 162 listed entities identified as shell companies, a surprise move that analysts said was part ......