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Wipro acquires SAP consulting company for $540 mn

TMT

27 April, 2022

Wipro acquires SAP consulting company for $540 mn

Wipro Ltd has agreed to acquire Rizing Intermediate Holdings, Inc., a global SAP consulting firm, for $540 million,...

UAE-based fintech startup zenda raises $9.4 mn in seed round

Finance

25 April, 2022

UAE-based fintech startup zenda raises $9.4 mn in seed round

nexopay Technologies Pvt Ltd, which operates the fintech app zenda has raised $9.4 million (around Rs 72 crore)...

India, EU to broaden ties amid Ukraine war

General

25 April, 2022

India, EU to broaden ties amid Ukraine war

The European Union (EU) and India agreed Monday to set up a trade and technology council to step up cooperation, ......

GLOBAL MARKETS-Stocks slide, treasury yields jump as inflation fears crescendo

Economy

19 January, 2022

GLOBAL MARKETS-Stocks slide, treasury yields jump as inflation fears crescendo

Asian and European shares fell, U.S. and European bond yields hit multi-year highs, and oil prices climbed on Wednesday as ......

U.S. consumer prices increase strongly in December

Economy

12 January, 2022

U.S. consumer prices increase strongly in December

U.S. consumer prices rose solidly in December, with the annual increase in inflation the largest in nearly four decades, which...

U.S. stocks bounce, investors digest news of 2022 rate hikes

Economy

12 January, 2022

U.S. stocks bounce, investors digest news of 2022 rate hikes

U.S. stocks bounced and Treasury yields retreated in choppy trade as investors absorbed remarks from the Federal Reserve that...

GLOBAL MARKETS-Risk-on rally resumes as Omicron fears recede

Economy

23 December, 2021

GLOBAL MARKETS-Risk-on rally resumes as Omicron fears recede

Global shares extended a recent rally on Thursday while safe-haven bonds and currencies eased as markets welcomed signs that the...

Bzaar raises $4 mn led by Canaan Partners, Binny Bansal, others

Consumer

12 December, 2021

Bzaar raises $4 mn led by Canaan Partners, Binny Bansal, others

Business-to-business e-commerce marketplace, Bzaar, has raised $4 million as a part of its seed funding round led by Canaan Partners,...

GLOBAL MARKETS-Wall Street tipped to open modestly firmer after U.S. payrolls miss

Finance

03 December, 2021

GLOBAL MARKETS-Wall Street tipped to open modestly firmer after U.S. payrolls miss

Wall Street futures moved higher and bond yields slipped on Friday, though moves were modest as an underwhelming U.S. monthly...

R-Com's undersea cable unit files for bankruptcy in US

Infrastructure

18 September, 2019

R-Com's undersea cable unit files for bankruptcy in US

Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy...

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