Mas
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Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies
•Ola, which competes against US-based Uber counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among others
Twitter unearths Beyoncé's Ivy Park articles on how they paid labourers 64 cents an hour in factories
Fp Staff •Beyoncé's Ivy Park label was launched in collaboration with the British fast fashion company Topshop
Aion Investments, JSW Steel to pay Rs 2,892 crore to pick 74.3% stake in Monnet Ispat
•The bankrupt Monnet Ispat owes over Rs 11,000 crore to a clutch of lenders.
Tata Steel Europe-Thyssenkrupp merger to cut costs, consolidate European steel sector: Moody's
•While the Tata-Thyssenkrupp deal is potentially capable of delivering the largest synergies to the tune of 400-600 million euros initially, ArcelorMittal is aiming to make over 300 million euros from the Ilva deal
Singapore advises public to act with extreme caution while investing in cryptocurrencies
•Global bitcoin prices have soared around 20-fold this year, with the cryptocurrency trading above $18,000 on Tuesday.
Alignment Vs. Fusion Of IT And Business
Fp Archives •Alignment of IT with business is a thing of the past, believes Srinivas Kishan, VP, Enterprise Information Systems, Mahindra Satyam. The future is about their fusion. He highlights the fundamental difference between alignment and fusion. He also delves up
Singapore to test blockchain technology for interbank transactions
Fp Archives •The effort is supported by the R3 blockchain research lab and BCS Information Systems.
Singapore's central bank says banks should maintain high level of IT security
Tech2 News Staff •Singapore's central bank has said banks should maintain a high level of security for their critical IT systems following recent cyber attacks using the SWIFT financial messaging system.
Why big-ticket M&As in Indian IT often don't deliver
Fp Archives •Refarming: Telecom consolidation just got more expensive
Sindhub •Any telecom company buying another will have to pay a market-determined price for the spectrum owned by the latter.