Federal regulators criticized several Wall Street banks over the handling of a $1.15 billion loan they helped arrange for Uber Technologies Inc this past summer, according to people with knowledge of the matter. Led by Morgan Stanley , the banks helped the ... Sify, 2 months ago
India’s largest bank: SBI is right now spearheading a massive partnership with other commercial banks to use blockchain technology as a medium to fight banking related frauds. Aiding them in this exercise are technology companies like IBM, Microsoft along ...Trak.in, 1 month ago
Glass manufacturers today sought regulatory changes to allow enhanced use of glass in packaging and also demanded an incentive model to promote recycling from just 40 per cent now. "Glass is completely recyclable item without any loss in quantity and quality ...Business Standard, 1 month ago
New York - An Indian-American man has been sentenced to 20 months in prison for a $1 million insider trading scheme involving the failed Apollo Tyres bid to takeover Cooper Tire, prosecutors said on Wednesday. Amit Kanodia, 49, was sentenced in Boston by ...Sify, 2 months ago
Bill Gates, along with a few of his billionaire friends, has launched a US$1 billion fund to support research into energy technologies that will help us address climate change. The idea behind Breakthrough Energy Ventures is to provide funding for basic ...catchnews.com, 2 months ago
By Paul Carrel, Gernot Heller and Arno Schuetze BERLIN/FRANKFURT (Reuters) - Germany is reviewing its powers to block foreign acquisitions after a spate of Chinese takeovers, but the government's commitment to free trade beats its concerns about haemorrhaging ...Sify, 2 months ago Anaysis - Don't expect Trump-style protectionism from Germany Sify, 2 months ago
After 15 years of development, an Israeli tech firm is optimistic it will finally get its 1,500 kg (1.5 tonne) passenger carrying drone off the ground and into the market by 2020. The Cormorant, billed as a flying car, is capable of transporting 500kg (around ...Sify, 2 months ago
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