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Reuters

Google, Apple lead tech giants in acquiring AI startups

TMT

27 May, 2017

Google, Apple lead tech giants in acquiring AI startups

A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the ......

Australia rules out royalty exemption to Adani for Carmichael coal mine

Manufacturing

27 May, 2017

Australia rules out royalty exemption to Adani for Carmichael coal mine

May 27 Adani Enterprises will get no exemption or discounted rates on royalties it has to pay to develop its ......

Indian Hotels CEO Rakesh Sarna to step down

People

26 May, 2017

Indian Hotels CEO Rakesh Sarna to step down

Rakesh Sarna, the managing director and chief executive of Indian Hotels Company Ltd, part of the Tata Group, resigned from ......

SBI to hire six bankers for $2.3 bn share sale

Finance

26 May, 2017

SBI to hire six bankers for $2.3 bn share sale

State Bank of India is set to hire Bank of America Merrill Lynch, Deutsche Bank, IIFL, JM Financial, Kotak and ......

Sensex closes above 31,000 for first time

Finance

26 May, 2017

Sensex closes above 31,000 for first time

The benchmark BSE Sensex rallied on Friday to end above 31,000 for the first time, as higher derivatives rollover led ......

Sensex tracks Asia markets higher; Infosys leads on US hiring plan

Finance

25 May, 2017

Sensex tracks Asia markets higher; Infosys leads on US hiring plan

Indian shares rose on Thursday tracking Asian markets that hit two-year highs after the U.S. Federal Reserve signalled a more ......

Food and drink giants float VC funds as startups chew away market share

Consumer

24 May, 2017

Food and drink giants float VC funds as startups chew away market share

Food and drink megabrands are seeing their sales chewed away by smaller, nimbler, cooler rivals. They can't beat them - ......

India scraps foreign investment advisory body

Economy

24 May, 2017

India scraps foreign investment advisory body

India on Wednesday scrapped a ministerial panel responsible for coordinating foreign investments, part of reforms that Prime Minister Narendra Modi ......

Stocks fall on border tensions; Tata Motors rallies

Finance

24 May, 2017

Stocks fall on border tensions; Tata Motors rallies

The NSE Nifty posted its fourth session of losses in five on Wednesday as investors were unnerved by border tensions ......

Uber admits to underpaying New York City drivers for over two years

TMT

24 May, 2017

Uber admits to underpaying New York City drivers for over two years

Uber Technologies Inc said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error ......