Uber in Deal With NASA to Build Flying Taxi Air Control Software

Uber is taking part in a joint industry and government push with NASA to develop software which the company aims to use to manage “flying taxi” routes that could work like ride-hailing services it has popularised on the ground. Uber said on Wednesday it was the first formal services contract by the U.S. National Aeronautical and Space Administration (NASA) covering […]

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Big Deal: The investment landscape

Big Deal discusses investment and the private equity space action that has picked up especially because of the buoyancy that is being seen in equity markets. Ashley Menezes, MD & CFO of ChrysCapital, Yash Gupta, Senior MD & Country Head at Hines India and Arvind Mathur, PE Advisor talk about the entire landscape of the […]

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Greece, lenders reach long-awaited deal on bailout reforms

Greece and its foreign creditors reached a deal early on Tuesday on a package of bailout-mandated reforms, Greek Finance Minister Euclid Tsakalotos said, paving the way for the disbursement of further rescue funds. “There was white smoke,” Tsakalotos told reporters, using a term associated with papal elections. “The negotiations for a technical deal were concluded […]

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How Good a Deal Did You Get on Your Smartphone? ZTE Still Has You Beat

It doesn’t matter how great a deal you got on your last business smartphone, there’s one company that almost certainly has it beat. How much would you pay for a phone with the following specs? 6-inch display with a 1,920×1,080-pixel resolution Octa-core Snapdragon 617 processor 13-megapixel rear camera 5-megapixel front camera 2GB of RAM 32GB […]

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Opec deal tests oil majors’ appetite for risk and reward

Investors see plenty of reasons for a firm to be cautious, but they also acknowledge that anyone willing to invest now could reap the benefits later, particularly with the cost of developing new resources declining as suppliers cut their prices. Photo: Reuters Paris: Opec’s deal to cut production and boost prices gives oil companies the […]

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Rosneft’s Partner In Essar Deal May Sell Stake Within 5 Years

Rosneft has close and long-standing ties with its other partners in the Essar deal. Moscow: Russian private investment group United Capital Partners (UCP), which is teaming up with oil giant Rosneft to buy India’s Essar Oil in a $12.9 billion deal, said it may sell its stake within five years. The purchase of Essar Oil, […]

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