The all-cash deal is expected to close in the March 2016 quarter. India’s third largest software services firm Wipro on Wednesday said it will acquire German IT consulting firm cellent AG for......
Baidu's stake in Uber looks more hype than substance. Strategically, the alliance looks like a coup. The Chinese search engine is behind rivals Alibaba and Tencent in the mobile taxi app business.......
Suresh Senapaty, the city-based company’s long-time chief financial officer, who will attain the retirement age of 58 in March next year, says the succession plan is nearly foolproof and has......
Japan's SoftBank Corp unveiled a management reshuffle on Monday, appointing investments head Nikesh Arora as president and naming him as a potential successor to CEO Masayoshi Son, as the......
Mumbai-based Meru Cabs is in talks with Chinese e-commerce giant Alibaba for a strategic investment. Alibaba executives have held discussions with Meru and talks are likely to progress in the......