Mastercard to buy stake in MTN's fintech unitMastercard has agreed to take a minority stake in the financial-technology business of MTN Group, the largest wireless carrier in Africa, w...
No sex please in the two quiet rooms, Wimbledon officials warn visitorsWimbledon Grounds has two quiet rooms meant to offer guests a "peaceful space to pray, meditate or just be present in the moment." An All E...
Nasdaq, S&P 500 scale new peaks as jobs recovery gains tractionData showed fewer weekly jobless claims pointed to a steady recovery in the labor market.
McDonald’s of manufacturing: Tycoon aims to reshape carmaking one microplant at a timeArrival’s approach got backing from companies including Hyundai Motor Co. and BlackRock Inc. earlier this year, while United Parcel Service...
Inflation seen peaking, opens room for RBI rate cutsData showed retail inflation surged to 7.6 per cent last month from a year earlier.
JPMorgan designs bond for Agarwal to amass $2.4 billion Anglo stakeIn a coup of sorts, JPMorgan is sole book runner & underwriter to the transaction and will be raising the resources on behalf of the Agarwa...
Softbank looks to pick up stake in the proposed Vodafone-Idea combineWhile discussions are still on, sources familiar with the situation say that the Japanese investor could end up with 15-20 % in the merged ...
HDFC board gives green signal to HDFC Life-Max mergerHDFC also said that post-merger its shareholding in HDFC Standard Life would be 42.5% and consequently the insurance firm would cease to be...
Druva: Startup by IITians sells data security software to NASA, Pfizer and Louis VuittonWorking out of Pune, the three engineers have since successfully built a data security and retrieval software company.
- As gold vaults, secure storage space runs out
Barclays Capital is building a new vault, Brink's and Deutsche Bank may add more space and Perth Mint may expand for first time since 2003.
- New FDI regime to aid Vodafone buy
The new foreign direct investment (FDI) regime could help Vodafone stay within the 74% ceiling for the telecom sector.
- Half of country’s mobile customers use internet, data service on phones
Nearly half of India’s mobile customers use some form of internet and web-related data services on their handsets, offering a huge base for...
- Airtel joins race to tap mobile apps market
Bharti Airtel, has joined the race with handset makers such as Nokia, RIM (maker of BlackBerry) and Samsung among others to get a share of ...
- Orkla, McCormick eager for taste of Eastern Condiments
Norwegian conglomerate Orkla and US spices giant McCormick & Co Inc are among the global food giants in the fray to acquire a strategic sta...
- UK realty majors' dreams come crashing down as demand tapers
London developers are adding the equivalent of 160 trading floors of office space in the main financial district in the next two years.
- Citigroup's London HQ sold for $2 bn
A British real-estate consortium said it agreed to buy Citigroup's London headquarters for about $2 bn.
- FII interest in DLF outsmarts net inflow
The FII demand for DLF public offer was nearly 80 per cent of the total demand of about Rs 32,000 crore.