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Coronavirus knocks angel and seed deals off perch, continues to clobber VC investments

Finance

08 June, 2020

Coronavirus knocks angel and seed deals off perch, continues to clobber VC investments

Venture deal volumes, which have suffered since March when the lockdown started, continued to remain subdued last month even as ......

Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal

Markets

22 April, 2020

Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal

Indian shares ended sharply higher on Wednesday, driven by a 10% surge in Reliance Industries Ltd after Facebook invested $5.7 ......

Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn

TMT

22 April, 2020

Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn

Facebook Inc. will invest Rs 43,574 crore ($5.7 billion) in the digital business of Reliance Industries Ltd, a deal that ......

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

General

25 March, 2020

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

Facebook is close to signing a multibillion-dollar deal for a 10% stake in heavily-indebted Reliance Jio, which boasts the acquisition ......

SoftBank's Kirthiga Reddy joins WeWork board

Infrastructure

06 February, 2020

SoftBank's Kirthiga Reddy joins WeWork board

Office sharing startup WeWork said on Thursday that Kirthiga Reddy, partner at SoftBank Investment Advisers since 2018, would join its ......

Govt tells tech firms to protect user privacy, prevent abuse

TMT

19 September, 2019

Govt tells tech firms to protect user privacy, prevent abuse

Technology firms must protect user privacy and prevent abuse of their platforms, India’s IT minister said on Thursday, speaking as ......

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may specify ......

WhatsApp to roll out payments feature in India this year

TMT

26 July, 2019

WhatsApp to roll out payments feature in India this year

WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart ......

India govt panel recommends cryptocurrency ban, 10-year jail term

TMT

22 July, 2019

India govt panel recommends cryptocurrency ban, 10-year jail term

An Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and ......

India among growth drivers but global online advertising expansion set to slow

TMT

08 July, 2019

India among growth drivers but global online advertising expansion set to slow

Global advertising spend is expected to grow 4.6% in 2019, a dip from previous estimates, with internet advertising seen slowing ......