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Reuters

Sensex snaps four-day winning streak ahead of inflation data

Economy

12 May, 2017

Sensex snaps four-day winning streak ahead of inflation data

Indian shares ended lower on Friday, after jumping to record highs twice this week, as investors turned cautious ahead of ......

SoftBank to pump $5 bn into Chinese cab-hailing firm Didi

TMT

12 May, 2017

SoftBank to pump $5 bn into Chinese cab-hailing firm Didi

SoftBank Group Corp said it has agreed to invest $5 billion in China's Didi Chuxing, confirming it led a recent ......

Uber-Waymo court battle: US judge calls for probe into trade secrets theft

TMT

12 May, 2017

Uber-Waymo court battle: US judge calls for probe into trade secrets theft

A U.S. judge on Thursday called for an investigation into allegations of trade secret theft that were raised in a ......

Kotak Mahindra Bank to raise $900 mn via share sale

Finance

11 May, 2017

Kotak Mahindra Bank to raise $900 mn via share sale

India's Kotak Mahindra Bank Ltd is selling new shares worth as much as Rs 5,800 crore ($900 million) to boost ......

Uber a transport service that must be licensed, says top EU court adviser

TMT

11 May, 2017

Uber a transport service that must be licensed, says top EU court adviser

Uber provides a transport service and must be licensed, an adviser to the European Union's top court said on Thursday, ......

Rosneft's $12.9 bn Essar Oil deal delayed over debt troubles

Manufacturing

11 May, 2017

Rosneft's $12.9 bn Essar Oil deal delayed over debt troubles

Russian state oil firm Rosneft is struggling to close its $12.9 billion acquisition of India's Essar Oil Ltd because six ......

Kotak Mahindra Bank to launch $867 mn share sale

Finance

10 May, 2017

Kotak Mahindra Bank to launch $867 mn share sale

Kotak Mahindra Bank Ltd plans to launch a qualified institutional placement of shares to raise about Rs 5,600 crore ($867 ......

Consumer stocks power Sensex to new peak

Finance

10 May, 2017

Consumer stocks power Sensex to new peak

Indian shares hit a record high on Wednesday as shares of consumer goods and agriculture-dependent companies rallied after the country's ......

How Amazon outsmarted rivals in battle of the shopping bots

TMT

10 May, 2017

How Amazon outsmarted rivals in battle of the shopping bots

Earlier this year, engineers at Wal-Mart Stores Inc who track rivals' prices online got a rude surprise: the technology they ......

Apple becomes first US company with $800 bn market value

TMT

10 May, 2017

Apple becomes first US company with $800 bn market value

Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more ......