Snap Inc.’s flagship platform has lost some luster, at least according to one social-media influencer in the Kardashian-Jenner clan.
Fraud-hit Punjab National Bank plans to meet capital requirements by writing back provisions after the expected sale of Bhushan Steel, said people familiar with the matter.
Rovio Entertainment Oyj, the Finnish maker of the mobile game Angry Birds, slumped almost 40 percent in Helsinki trading after analysts and investors balked at its low guidance for 2018.
Goldman Sachs Group Inc. cut its earnings forecasts and price targets for three of India’s state-run lenders, after the biggest banking fraud to hit the nation.
In a sign of the times, the organization that speaks for and champions India’s $167 billion IT services industry will soon get its first female head.
BH Media Group is reducing staff by 148 employees and not filling 101 vacant positions, representing a total of about 6 percent of its workforce, the company said Tuesday in a statement
ABLV Bank, the Latvian lender denying US allegations that it’s linked to North Korea, said it doesn’t expect the European Central Bank to withdraw its license after authorities suspended its ability to process some payments.
Otonomo, which announced $3 million in funding from NTT Docomo Ventures Inc. has spent the past three years figuring out how to collect, package and sell such data to insurers, retailers, city planners and others willing to pay for it.
Malvinder Singh and Shivinder Singh have run out of legal options in India to avoid paying a 35-billion rupee ($546 million) award to Daiichi Sankyo Co. after the Supreme Court dismissed their appeal against a lower court verdict.
India’s biggest stock exchange is keen to buy a 25 percent stake in Dhaka Stock Exchange, rivaling an offer from a Chinese bourse.
Indian Prime Minister Narendra Modi has big plans for road building, and part of it includes giving weaker infrastructure contractors greater access to the local bond market.
Facebook Inc., Alphabet Inc.’s Google and other online platforms would face stricter rules for political advertising according to a proposed framework that will be considered by the Federal Election Commission.
On Valentine’s Day, one of India’s biggest banks disclosed an almost $2 billion fraud allegedly by one of the country’s richest men, who deals in pearls and diamonds. Shares of the lender, Punjab National Bank, plunged on the news, dragging down other lenders when it said the scam may extend to multiple banks.
Indian banks are being hit with one disaster after another. They are already dealing with a bad-loan problem that’s close to a crisis — and which caused India’s largest bank to declare a quarterly loss for the first time since the beginning of the millennium.
NASA partnered with BWXT Nuclear Energy Inc. for an $18.8 million contract to design a reactor and develop fuel for use in a nuclear-thermal propulsion engine for deep-space travel.
Singapore’s exchange may have a shot at keeping its lucrative India index futures, as long as it can meet the desire of Prime Minister Narendra Modi’s government to keep investor activity within the country’s borders.
A denim factory in Karachi could hold the key to reviving Pakistan’s ailing exports. With many retailers shifting textile orders to cheaper and more timely suppliers in rival Bangladesh and Vietnam, Pakistan’s manufacturers have long-suffered from power cuts, an expensive exchange rate and what they claim is government indifference.
Less than a month after he declared to the World Economic Forum that India was open for business, Prime Minister Narendra Modi has raised import duties to their highest in three decades, setting the stage for a protracted trade war.
Punjab National Bank has accused jeweler Nirav Modi — who’s dressed stars including Kate Winslet and Priyanka Chopra — of involvement in a multi-billion dollar fraud that could extend to other lenders, said people familiar with the matter.
The Indian central bank is shutting down its halfway houses for debt addicts. In the process, it’s also throwing out an infuriating alphabet soup: CDR, SDR, S4A and their ilk.
The Indian startup pioneered electronic payments in the country and won the financial backing of high-profile investors like Goldman Sachs Group Inc. and ICICI Bank Ltd.
Indian savers stampeded into equity mutual funds at a record pace, just in time to see their holdings tumble in a market rout that sent stocks plunging. 315 equity funds tracked by Bloomberg lost an average 2.8 percent in 2018.
Indian online shopping site Paytm Mall is opening a New Delhi store, taking a page out of backer Alibaba’s playbook in exploring ways to use physical retail to boost its online business.
Billionaire Kumar Mangalam Birla and an investor group led by Dalmia Bharat Ltd. are emerging as the lead bidders for India’s Binani Cement Ltd., which is being sold under the country’s insolvency process, people with knowledge of the matter said.
After lobbying in vain for his silly and controversial idea of a basic internet for people too poor to pay for data, Mark Zuckerberg is finally doing something useful in India.
Prime Minister Narendra Modi has allowed his subsidy bill to balloon in the lead up to crucial elections, at the risk of breaching his budget deficit goals.
How many days could the government keep running if the richest person of each country was paying for it? We created the 2018 Robin Hood Index to delve into the subject.