Reuters
TMT
TCS to buy back shares worth up to $2.4 bn
India's top software services exporter Tata Consultancy Services(TCS) will buy back shares worth up to 160 billion rupees ($2.4 billion), ......
TMT
Indian IT industry faces twin challenges of Trump, automation
Automation and the new US administration were the big unknowns at the Indian tech sector's annual shindig this week, with ......
TMT
Messaging app Snap eyes softer valuation in biggest tech IPO since Alibaba
Snap Inc, owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern ......
General
Sovereign wealth funds ramp up direct PE investments; hire specialists
Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on ......
Consumer
Unilever rejects $143 bn takeover bid by Kraft Heinz
Unilever rejected a surprise $143 billion takeover bid from US food company Kraft Heinz Co on Friday, saying it saw ......
General
Reticent Patel flummox markets, businesses
MUMBAI (Reuters) - Denny Jose, a small-town caterer in Kerala, was closely watching the RBI meeting last week.Newspapers and markets ......
General
Skype co-founder's VC firm Atomico raises $765 mn tech fund
Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed ......
TMT
Verizon may trim Yahoo deal value by up to $350 mn
Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc's (YHOO.O) core internet business for $250 ......
General
Banks eye $40 mn fee pot for Vodafone-Idea merger
BofA Merrill Lynch, UBS (UBSG.S) and Standard Chartered (STAN.L) are among banks scrambling to win advisory roles in a potential ......
General
SoftBank to acquire US private equity firm Fortress Investment for $3.3 bn
Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, ......
