Daily Newsletter | Sunday, November 19, 2017
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| India, UK in diplomatic showdown over ICJ seat |
| In a brazen attempt to stall the surge in support for India’s candidate for the International Court of Justice (ICJ), Dalveer Bhandari, at the last round of voting at the UN General Assembly, UK is threatening to use its power as the permanent member of the UN Security Council to end the process of voting. |
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| The Uber team in India builds for the world: Peter Deng |
| Peter Deng joined Uber in the midst of the top management churn in the San Francisco-based ride sharing company seven months ago. He was previously at Facebook, where he was responsible for heading product roles at Oculus VR, Instagram, Whatsapp, and… |
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| Moody’s withdraws RCom’s credit rating after missed payment |
| With net of debt of Rs 44,300 crore as of end-March, RCom – as the company is widely known – is the most leveraged listed Indian telecom company, and along with its rivals has been hit badly by a price war with upstart rival Reliance Jio |
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| Diageo sues Mallya over $40m payout in United Spirits deal |
| The drinks giant claims Mallya breached a $75 million agreement, of which it had already paid out $40 million, made when he stepped down as chairman of United Spirits in February 2016. It’s also seeking about $141 million over questionable payments made by companies affiliated with Mallya. |
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| Google India hits billion dollar sales mark |
| Google India Pvt Ltd, posted a turnover of Rs 7,208.9 crore in the year through March 2017, a 22% jump from the previous year’s Rs 5,904 crore. Sales had expanded 44% in fiscal 2016. |
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