Others
TMT
Naspers offshoot Prosus reports strong growth in e-commerce business
Prosus NV said its e-commerce business grew revenues and shrank trading losses for the year that ended March 31, even ......
Finance
IKEA, Rockefeller foundations partner over $1 bn global platform to fight climate change
The IKEA Foundation and The Rockefeller Foundation have partnered to form a $1 billion global platform to fight climate change. The...
TMT
Paytm seeks shareholder approval for $1.6 bn sale of new stock
Indian digital payments firm Paytm is seeking shareholder approval to sell up to 120 billion rupees ($1.62 billion) in new ......
People
Grofers co-founder Saurabh Kumar exits SoftBank backed grocery etailer
At a time when online grocers are in the pink of their business and aggressively ramping up their employee strength, ......
TMT
India police summon Twitter chief over viral video
Police in India have summoned Twitter's top official in the country to answer allegations that the U.S. firm did not ......
Consumer
COVID deals new blow to foreign carmakers' Indian dream
Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections ......
TMT
Facebook launches ads globally for TikTok clone Instagram Reels
Facebook Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday. The social media...
Finance
Fed signals higher rates in 2023, bond-buying taper talks as virus fades
The Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated...
People
Microsoft names CEO Satya Nadella as chairman
Microsoft Corp on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson. Nadella,...
TMT
Walmart's Flipkart, Amazon challenge India court order on antitrust probe
Walmart Inc's Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation...