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Uber will pay Google's Waymo $245 mn to settle self-driving car dispute

TMT

10 February, 2018

Uber will pay Google's Waymo $245 mn to settle self-driving car dispute

Uber Technologies Inc will pay $245 million worth of its own shares to Alphabet Inc’s Waymo self-driving vehicle unit to ......

MakeMyTrip's paid users for loyalty service rise 25%; may bring back Oyo inventory

TMT

09 February, 2018

MakeMyTrip's paid users for loyalty service rise 25%; may bring back Oyo inventory

MakeMyTrip Ltd is targeting more paid subscribers and has hinted at the possibility of bringing back hotel aggregator Oyo’s inventory ......

Investor Mahesh Murthy arrested in sexual harassment case, gets bail

People

09 February, 2018

Investor Mahesh Murthy arrested in sexual harassment case, gets bail

Mahesh Murthy, a prominent angel investor and co-founder of venture capital firm Seedfund, was arrested in Mumbai on Friday in ......

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PE-backed SIS eyes India-focussed M&As

Finance

09 February, 2018

PE-backed SIS eyes India-focussed M&As

Security and Intelligence Services (India) Ltd, which was listed on the stock exchanges last year, will continue to scout for ......

KKR-controlled Avendus hires Alok Vajpeyi to head alternative strategies biz

People

09 February, 2018

KKR-controlled Avendus hires Alok Vajpeyi to head alternative strategies biz

Alok VajpeyiAvendus Capital Pvt. Ltd, a financial services company controlled by private equity giant KKR & Co., has appointed ......

WhatsApp rolls out beta version of UPI-based payments feature

TMT

09 February, 2018

WhatsApp rolls out beta version of UPI-based payments feature

After months of speculation, instant-messaging platform WhatsApp has finally started India rollout of its payments service in beta mode based ......

Intel targets IoT devices, self-driving cars with new chip

TMT

09 February, 2018

Intel targets IoT devices, self-driving cars with new chip

Technology firm Intel Corporation has launched a new chip aiming to power up applications that can process data on the ......

IFC's Ruchira Shukla on venture capital outlook for 2018, valuations and more

Finance

09 February, 2018

IFC's Ruchira Shukla on venture capital outlook for 2018, valuations and more

International Finance Corporation’s (IFC) venture capital arm has maintained its investment pace of signing three to five deals every year ......

Singh brothers step down from Fortis board in wake of Daiichi ruling

Healthcare

09 February, 2018

Singh brothers step down from Fortis board in wake of Daiichi ruling

Malvinder and Shivinder Mohan Singh, the founders of Fortis Healthcare Ltd, have resigned from the board of the country’s second-largest ......

AGS Transact may buy back TPG, Actis stake; Tatas, JSW bid for Bhushan Power

General

09 February, 2018

AGS Transact may buy back TPG, Actis stake; Tatas, JSW bid for Bhushan Power

The promoters of Mumbai-based payment solutions provider AGS Transact Technologies Ltd’s will buy back a 42% stake held by private ......

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