Search Results for: investors

Brash Uber co-founder Travis Kalanick leaves board to focus on industrial kitchens

Kalanick, who helped found Uber in 2009 and once exerted nearly complete control, stepped down as chief executive in June 2017 under pressure from investors after a string of setbacks.

Dec 25, 2019

Boeing CEO resigns amid 737 Max crisis: Leadership undergoes major shuffle

Boeing and its newly-appointed CEO are confident to bring back the controversial 737 Max to service.

Dec 23, 2019

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Market outlook: RBI's 'operation twist', Jharkhand results to sway indices

Investor sentiments will be swayed by derivatives expiry and rupee's strength against the US dollar.

Dec 22, 2019

Sensex ends 206 points higher, Tata Group stocks fall

Sensex closed 206.40 points higher at 41,558.57. The Nifty closed at 12,221.65, advancing by 56.65 points.

Dec 18, 2019

Day after Amit Shah showered praises on Sitharaman, IMF signals slashing India's growth estimates

The statement from the IMF has come at a time when Home Minister Amit Shah finally admitting that the country is facing a slowdown because of the conditions in the global economy.

Dec 18, 2019

Amid talks of Zomato-UberEats merger, Swiggy's losses jumps five times

Notably, the development has come amid its arch-rival Zomato is planning to buy UberEats for an unconfirmed amount up to $200 million

Dec 16, 2019

Market outlook: Inflation data, stagflation concerns to steer equity indices

Concerns on stagflation and anxiety over the upcoming WPI Inflation level for November will keep investors on their toes.

Dec 15, 2019

Infosys row: Company says not aware of any fresh lawsuit

Infosys allegedly made false and misleading statements to the market and used improper recognition of revenue to boost short-term profits.

Dec 14, 2019

Nirmala Sitharaman in Forbes 100: How the Indian FM made it to the most powerful women list

India's first female finance minister, Nirmala Sitharaman has also served as the country's defence minister.

Dec 13, 2019

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SoftBank-backed Paytm raises $660 million from Alibaba arm Alipay, others

This is SoftBank-backed Paytm's second fundraise after the Japanese tech investment giant and other backers such as Ant Financial and T Rowe Price Associates pumped in $1 billion last month

Dec 13, 2019

Saudi Aramco tops $2 trillion, defying valuation sceptics

The Saudi Crown Prince has made the Aramco initial public listing (IPO) the centrepiece of his plan to diversify the Kingdom's economy away from its dependence on oil production by using the $25.6 billion raised to develop other sectors.

Dec 12, 2019

Why is Yes Bank board wary of tycoon who wouldn't invest if it was 'No Bank'?

The past of the Canadian who made the $1.2-billion bid for Yes Bank controlling stake is so mysterious with vastly contrasting narratives that Netflix wants to tell his story.

Dec 11, 2019

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Bengaluru landlord's unusual request surprises startup founder

Popularly known as the Silicon Valley of India, Bengaluru's startup trend is catching up faster than ever.

Dec 11, 2019

Rights groups launch Myanmar boycott ahead of Hague genocide hearings

Myanmar leader and Nobel Peace Prize laureate Aung San Suu Kyi, who arrived in the Netherlands on Sunday, will defend her country's record during three days of hearings.

Dec 10, 2019

Market outlook: Macro-data, growth pangs to drive equity indices' trajectory

The rupee's movement against the American dollar and the progress of the US-China trade deal, as well as crude oil price fluctuations, will impact investors' risk-taking appetite.

Dec 8, 2019

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