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Amazon awarded wallet license in attempt to boost its e-commerce business in India

US e-commerce company Amazon has been granted a wallet license as it steps up its effort to boost its business…

Indian telecommunication firm sells stake in tower unit Infratel for $952m

Indian telecommunications colossus Bharti Airtel has sold off its stake in tower unit Infratel in an effort to reduce the…

Alibaba challenges Amazon after $177m investment in Indian e-commerce platform

Chinese internet colossus Alibaba Group is getting ready to challenge Amazon in the Indian market following an investment of $177m…

Japanese company to build U.S. plant which would create 700,000 jobs

A Japanese multinational company is set to build a U.S. plant worth $7 billion in the first half of this…

President of Japan's mobile carrier Soft Bank Group Masayoshi Son. KAZUHIRO NOGI / AFP

Japanese telco considers investment of $1 billion in office-space start-up

A leading Japanese telecommunications company is believed to be weighing up an investment of more than $1 billion in office-space…

Australian suburb set to be transformed into high-tech smart-city

An Australian suburb is set to undergo a dramatic transformation from a derelict town into a 21st century metropolis. Springwood,…