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Ecommerce in Africa and Asia: How startups can benefit from tomorrows emerging markets.

Infibeam's Sachin Dalal to steer Rakuten India's e-commerce operations

Infibeam and Rakuten have joined hands to enter the Indian e-commerce market — already dominated by Amazon, Flipkart and Snapdeal — in 2017. Jun 9, 2016
motherson sumi systems fund raising $300 million debt repayment

Motherson Sumi Systems to raise $300 million to repay debt, shares down 1%

In a regulatory filing to the BSE, Motherson Sumi Systems said the debt would also be used for capex. Jun 9, 2016
Vodafone

Sky Network deal could see Vodafone exit New Zealand

The merger deal might result in Vodafone exiting its New Zealand operations. Jun 9, 2016
LeEco Le Max review

After Apple, LeEco seeks waiver from 30% local sourcing norm

LeEco has applied to the Foreign Investment Promotion Board for permission to set up single-brand retail shops in India. Jun 9, 2016
Infosys IT company

Infosys shares fall 4% on COO Pravin Rao's warning of 'quarterly bumps up and down'

Pravin Rao made the comment at an investor conference hosted by Citi on Wednesday, leading to a fall in Infosys share price on Thursday. Jun 9, 2016

Morgan Stanley pays $1 million SEC fine over stolen customer data

According to the SEC, Morgan Stanley violated a federal regulation known as the Safeguards Rule by failing to properly protect customer data Jun 9, 2016
Bombay Stock Exchange building

'Housefull 3' box office success lifts Eros International shares

"Housefull 3" starring Akshay Kumar, Abhishek Bachchan and Jacqueline Fernandez has been co-produced and distributed by Eros. Jun 8, 2016
NTPC

NTPC plans to raise Rs. 20,000 crore in FY17

Of the total amount, NTPC would raise Rs. 14,000 crore from the domestic market. Jun 7, 2016
Larsen & Toubro

L&T bags Rs. 903-crore contract to build World Cup stadium in Qatar

The company will construct a stadium with 40,000 seat capacity in Qatar, which is scheduled to hold the 2022 FIFA World Cup. Jun 6, 2016

L&T wins orders worth Rs. 2,161 crore

L&T's transportation infrastructure business won a design and build order worth Rs. 847 crore. Jun 6, 2016
biocon karnataka investment hlcc congress government in karnataka pepsico

Biocon says Trastuzumab and three other drugs to give 'early mover' advantage in $30-billion market

Biotech company Biocon recently announced that clinical trials of its proposed generic version of Trastuzumab injection were successful. Jun 6, 2016
Anandiben Patel

Gujarat unveils IT policy to assist startups and incubators

The new IT policy aims to produce 2,000 new startups by providing subsidies and assistance for incubators. Jun 6, 2016
Adani coal mine project Australia

Adani may drop coal mine project in Australia owing to delays, legal issues

Gautam Adani said he was "disappointed" the project did not take off despite six years of environmental assessments and court rounds. Jun 5, 2016
IB Times

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia. Jun 5, 2016
jp morgan chase  J.P. Morgan Chase & Co

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Employees at J.P. Morgan Chase & Co. can now wear business-casual attire on most occasions. Jun 4, 2016
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