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Uber posts $1 bn loss in first quarterly report after going public

TMT

31 May, 2019

Uber posts $1 bn loss in first quarterly report after going public

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its ......

Infrastructure

31 May, 2019

Adani wins one of last two permits it needs for Australia coal mine

The Australian state of Queensland on Friday approved Adani Enterprise’s management plan for an endangered bird at the site...

General

30 May, 2019

Amit Shah in, Jaitley out as PM Modi shuffles council of ministers in new term

Prime Minister Narendra Modi on Thursday inducted a bunch of fresh faces in his new council of ministers, as he ......

Economy

30 May, 2019

India may lose spot as fastest-growing economy as PM Modi's second term begins

India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill ......

Finance

30 May, 2019

PNB hikes bad-loan recovery target by over 50% for FY20

State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial...

Brand Solutions

30 May, 2019

The Gaming Mega Industry with RummyCircle

India is leading in digital games. Players love them, and developers do an equally great job of offering games that ......

General

30 May, 2019

Hero FinCorp may buy Reliance Capital unit; ChrysCapital likely to back Awfis

India's largest motorcycle maker Hero MotoCorp’s retail lending arm is in advanced talks with Reliance Capital to buy...

Premium

TMT

29 May, 2019

Value Lens: Is Radio City owner Music Broadcast paying a premium for BIG FM network?

India’s radio industry has taken two big steps towards consolidation in less than two months. In April, HT Media Ltd ......

Finance

29 May, 2019

Asia hedge funds struggle to benefit from investor enthusiasm

Asian hedge funds are struggling to benefit from strong investor interest in the region in the face of patchy liquidity, ......

Finance

29 May, 2019

IFC to lead debt investment of $222 mn in NBFC Cholamandalam

India's Cholamandalam Investment and Finance Company Ltd said on Wednesday it would raise $222 million in debt funds in an...

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