People ride a double bicycle past a logo of The Alibaba Group at the company's headquarters on the outskirts of Hangzhou, Zhejiang province November 10, 2014. Reuters/Aly Song/Files

Alibaba Group in talks to buy stake in Paytm: sources

Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.  Full Article 

IndiGo to file prospectus for $400 million listing on Tuesday - sources 11:48am IST

MUMBAI - India's biggest airline, IndiGo, is likely to file the prospectus for a stock market listing that will raise around $400 million later on Tuesday, two banking sources with knowledge of the matter said.

Protesters hold banners in front of the parliament building during an anti-austerity rally in Athens, Greece, June 29, 2015. REUTERS/Alkis Konstantinidis
Greek Debt Crisis

EU urges Greece to say "yes" to bailout deal

The head of the European Commission made a last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept a bailout deal he has rejected before a referendum on Sunday which EU partners say will be a choice of whether to stay in the euro.  Full Article 

Security forces and firemen attempt to extinguish the wreckage of an Indonesian military transport plane after it crashed in the North Sumatra city of Medan, Indonesia, June 30, 2015 in this photo taken by Antara Foto. REUTERS/Irsan Mulyadi/Antara Foto

Indonesian military plane crashes, killing 30

An Indonesian military transport plane crashed into a hotel and residential area in the northern Sumatra city of Medan on Tuesday, killing at least 30 people, an official said.  Full Article 

Suzuki Motor Corp Chairman and Chief Executive Osamu Suzuki (L) talks with Executive Vice President Toshihiro Suzuki at  a news conference in Tokyo September 12, 2011. REUTERS/Kim Kyung-Hoon/Files/Files
Business

Suzuki Motor CEO names son as new president

Suzuki Motor Corp's 85-year-old CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing investor concerns over the firm's succession plan and boosting the company's shares by more than 5 percent. Toshihiro Suzuki took over the role from his father as president and COO effective Tuesday. Osamu Suzuki remained as CEO and chairman.  Full Article 

The dollar sign (R) is seen alongside the signs for other currencies above a currency exchange shop in Mongkok shopping district in Hong Kong October 30, 2014. REUTERS/Damir Sagolj/Files
Deals

Global equity market deals top $500 billion

Money raised in global equity capital markets rose in the first half of the year to top $500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals.  Full Article 

A shadow is cast near the Microsoft logo at the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. Computex, the world's second largest computer show, runs from June 2 to 6. REUTERS/Pichi Chuang/Files

Microsoft slims down online operations

Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations.  Full Article 

An unmanned SpaceX Falcon 9 rocket launches from Cape Canaveral, Florida, June 28, 2015.  REUTERS/Mike Brown
Falcon Rocket Explosion

U.S. should spurn Russian engines: McCain

The failure of a SpaceX rocket over Florida on Sunday should not lead U.S. officials back to Russia to look for a rocket engine that can get military equipment into space, Senate Armed Services Committee Chairman John McCain said on Monday.  Full Article 

Bangladesh's cricketers walk off after losing during their Cricket World Cup match against New Zealand in Hamilton, March 13, 2015. REUTERS/Nigel Marple/Files

Champions Trophy uncertainty irks Bangladesh

Bangladesh has criticised the current scheduling system in international cricket as a new tri-series in Zimbabwe threatens their qualification for the 2017 Champions Trophy.  Full Article 

Latest Headlines

Views and Expert Opinion with Sankalp Phartiyal
    John Lloyd

    Grexit signs: Drachma, how we’ve missed you!

    There is no excuse for Greece. Since it joined the European Union in 1981, successive governments of left and right have treated the EU like a witless sugar daddy. They trusted their fellow members to be hopelessly infatuated with this sun-drenched cradle of democracy that the wallet would always open, the numerous peccadilloes always winked at and the answer always yes.  Opinion 

    Amit Ganguly

    Amid journalists’ killings, India’s press body chief says it needs more powers

    The killing of two journalists this month raises concerns about the safety of journalists in the country. Reuters spoke to Press Council of India (PCI) Chairman Justice Chandramauli Kumar Prasad for his views on the killings, journalist safety in India and the working conditions of local reporters working in dangerous places in the country.  Full Article 

    Matthew Vines

    Even Christian Evangelicals are warming to gay marriage

    Evangelicals are starting to change their minds about gay marriage. In recent months, three large evangelical churches - EastLakeCommunity Church in Seattle, Washington, GracePointe Church in Nashville, Tennessee, and City Church in San Francisco, California - have announced that they no longer believe all same-sex relationships are sinful.  Commentary 

    An employee works inside the office of Myntra in Bengaluru, India, May 6, 2015. REUTERS/Abhishek N. Chinnappa/Files

    Myntra: There’s life after the desktop

    Myntra, India’s biggest online fashion retailer, made a big decision in May to shut its website and rely only on its app. The question was whether they could make a leap like that without hurting revenue and losing customers. They have made that leap, said Prasad Kompalli, head of Myntra’s e-commerce platform.  Full Article 

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