Facebook readies secretive blockchain currency for India with ex-PayPal recruits
The blockchain group is developing a stablecoin, a type of digital currency pegged to the US dollar or a basket of currencies, making it …
Announcements
SAIF Partners to invest $1.5 million in Airblack
SAIF Partners, which manages over $4 billion in assets across India and China, has earlier backed Paytm, MakeMyTrip, Meesho, ShareChat, Swiggy and Urbanclap at …
French Finance Minister Bruno Le Maire says, No jobs must be lost in Renault-Fiat Chrysler tie-up
Bruno le Maire said he has asked for “four guarantees” for the deal to go ahead, including that not a single job or factory …
India outshines top four global car markets, set to replace Germany this year
With sales of more than 3.39 million passenger vehicles (comprising car, SUV and vans) in 2018 India clocked the highest growth among the top …
Airtel Africa eyes market listing in London stock Exchange
The telecom operator last year raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd, …
Infosys completes strategic partnership with ABN AMRO in the Netherlands
Infosys has acquired 75% of the shareholding in ABN AMRO’s wholly owned end-to-end mortgage administration service provider Stater N.V. Infosys, announced that it has …
Highorbit Careers to be acquired by Info Edge India for Rs 81 crore
Info Edge (India) Ltd, which owns online job portal Naukri, on May 28 said it will acquire Highorbit Careers – that operates job portals …
Bimal Dayal to lead merged entity of Indus Towers, Bharti Infratel
NEW DELHI: Bharti Airtel Ltd and Vodafone Group Plc on Tuesday announced that Bimal Dayal, who is currently chief executive officer, Indus Towers and Hemant Ruia, currently chief …
Ford likely to fuel India drive with $1 billion
MUMBAI: Ford Motor Co is likely to make an additional investment of as much as $1 billion in Indian operations over five to seven …
McDonalds to take over 165 Vikram Bakshi’s outlets
NEW DELHI: Next time you walk into a McDonalds branded outlet in North or East India, you could actually biting into a genuine McDonalds …
