Alibaba invests $146M in India's BigBasket

Source: Dukascopy Bank SA
China's Alibaba invested $146M in India's online grocer BigBasket in a move to strengthen its position in the online retail space of the country and challenge its US rival Amazon.com.
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Fri, 02 Feb 2018 08:33:42 GMT

Indian "Modicare" plan to cost nearly $1.7B a year

A source familiar with the matter stated that India's PM Narendra Modi's scheme to prove half of the country's population with health insurance would cost about $1.72B in state and federal funding each year.

Fri, 02 Feb 2018 07:33:53 GMT

Alphabet appoints Hennesy as chairman to replace Schmidt

Alphabet has named the board veteran John Hennessy as the company's new chairman to succeed its current Executive Chairman Eric Schmidt, who is set to retire on February 15.

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