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Ambani takes on Amazon, Walmart in e-commerce gamble

Backed by multi-billion-dollar investments from global tech giants, India's richest man is ready to rumble with Amazon and Walmart for the country's huge e-commerce...
Business

Alibaba’s UCWeb lays off India staff, Club Factory halts payments after app ban

Alibaba Group Holding Ltd's subsidiary UC Web is slashing staff in India after a ban on 59 Chinese-origin mobile apps that includes UC Web's browser and...
Business

Google backs Reliance’s Jio Platforms with $4.5 billion investment

Google will buy a 7.7% stake for $4.5 billion in Jio Platforms, taking a seat on its board alongside another big name backer Facebook...
Business

Infosys beats profit estimates on large deal wins, cost controls

Infosys on Wednesday reported a stronger-than-expected 11.5% jump in quarterly profit as the software services provider secured large deals and reined in costs during...
Business

Google in talks for $4 billion stake in India’s Jio digital platforms: report

Google is in "advanced talks" to buy a $4 billion stake in the Jio digital platforms business of India's richest man, Mukesh Ambani, Bloomberg...
Business

Google to invest $10 billion in India

Google said Monday it will invest $10 billion in India over the next five to seven years as it battles rivals like Facebook and...
Business

Yes Bank plans to raise up to $2 billion in share listing

India's embattled Yes Bank, which was on the brink of collapse earlier this year, announced plans Thursday to raise up to 150 billion rupees...
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