Others
TMT
With Bharti deal in the bag, Britain rockets into unknown with OneWeb
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable ......
General
Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem
Advent International has joined the race to acquire a controlling stake in Ra Chem Pharma from its parent Micro Labs ......
Finance
Indian firms get steepest cut in earnings forecasts in Asia
Analysts cut their forward 12-month earnings estimates for Asian companies for a fifth consecutive month in June, citing the economic...
Finance
SBI to invest $235 mn more in Yes Bank
State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million)...
TMT
Amazon injects $308 mn more into India unit
Amazon.com Inc has invested 23.10 billion rupees ($308.02 million) in Amazon Seller Services, an Indian unit, strengthening the...
Finance
Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank
A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......
General
Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer
Abu Dhabi Investment Authority (ADIA) has revived talks to invest close to $1 billion (about Rs 7,500 crore) in Reliance ......
Finance
CLSA expands access for Asia's rich to unicorn tech investments
Demand among Asia's rich for tech investments has led Hong Kong-based broker CLSA to offer private bank clients the first...
TMT
US technology firms in India not ready to pay digital tax, says lobby group
A lobby group representing U.S. technology giants has said its members are not yet ready to make the first payment ......
Finance
Stamp duty on AIFs: Frequent valuation, levy at each drawdown pose difficulties
In order to streamline the mode of stamp duty collection and to rationalise the stamp duty levy on securities transactions ......