Uber-Didi deal in China faces a hiccup

A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of US rival Uber could face its first hiccup after China’s commerce ministry (Mofcom) said it had not received a

Samsung to acquire US cloud services firm Joyent

Tech giant Samsung Electronics Co Ltd said on Thursday it will acquire US-based firm Joyent Inc to boost its cloud computing and “internet-of-things” capabilities for an undisclosed sum. In a statement, Samsung

Sistema Shyam wireless biz to be acquire by RCom

Under the agreement Sistema Shyam will hold 10 per cent of Reliance Communications’ fully-diluted equity capital. Following the deal, Reliance Communications is expected to garner nearly 90 lakh customers to subscriber base