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Tencent, Foxconn lead USD 175 mln investment in India's Hike

2016-08-16 12:11:00| Telecompaper Headlines

(Telecompaper) Hike Messenger, India's homegrown mobile messaging platform, announced that it has raised a Series D financing of over USD 175 million, in a new funding round led by Tencent and Foxconn Technology Group valuing the company at close to USD 1.4 Billion. Existing investors Tiger, Bharti Airtel and the SoftBank Group also participated in this round. This is the fourth venture capital round and the biggest to date for Hike, taking the total investment to over USD 250 million so far.

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Fed keeps US rate hike on hold

2016-07-27 21:10:39| BBC News | Business | UK Edition

The US Federal Reserve decides not to raise interest rates, maintaining the ultra-low level they have been at since December 2015.

Tags: rate hold fed hike

 
 

Huawei claims 40% 1H revenue hike

2016-07-25 02:00:00| Total Telecom industry news

Chinese kit maker says its three business units performed well in the first six months of the year, but does not back up its comments with numbers.

Tags: claims revenue hike huawei

 

Clayton County, Ga., Cuts Proposed Landfill Fee Hike

2016-07-08 06:06:16| Waste Age

Clayton County, Ga., is backtracking on a large fee increase for its landfill in Lovejoy. read more

Tags: county proposed fee cuts

 

Asian markets shrug off as Fed minutes show fading rate hike prospects

2016-07-07 02:41:25| BBC News | Business | UK Edition

Asian markets shrug off the latest Federal Reserve minutes showing that prospects of an interest rate hike have diminished.

Tags: show rate minutes markets

 

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