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GTT to acquire European fiber network operator Interoute for $2.3 billion in cash
London-based Interoute operates one of Europe’s biggest fiber networks and associated cloud services, spanning more than 70,000 kilometers and 29 countries, according to a Bloomberg report last year that outlined the company’s plan to find a buyer.
- Categories
- Technology
- Region
- Europe & Eurasia
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India’s first AI research institute opened in Mumbai
Based in Mumbai, the Wadhwani Institute for Artificial Intelligence (Wadhwani AI) is partnering with the government of Maharashtra for its mission to create AI solutions for social impact. The Maharashtra government will help the institute identify problems, and test and scale the solutions.
- Categories
- Technology
- Region
- South Asia
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Why China has yet to catch the wave of global responsible investing
A lack of understanding about the importance of ESG and its potential benefits is hampering its adoption among Chinese firms, according to the UN-backed Principles for Responsible Investment organisation.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing, SDGs
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How responsible are India’s lenders? A new report has a few pointers
FPSB and IIM (Lucknow) unveils “Navigator of Responsible Lending- India”—a first-of-its-kind research report on consumer loans that maps major banks and NBFCs across small-ticket personal and consumer durable loans
- Region
- South Asia
- Tags
- lending
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Kenya won’t force a spin-off of the world’s leading mobile money service after all
Almost exactly a year ago, a report from an independent consultant to Kenya’s telecoms regulator, sparked uproar and panic. It recommended the government look into breaking up the dominant mobile operator Safaricom by spinning off the even more dominant mobile money service, M-Pesa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Cheap talk can cost when it comes to social responsibility
While there could be many reasons for falling public trust in CEOs, much of the scepticism is about integrity and the need for managers and leaders to walk the walk. If some CEOs engage in cheap talk, the question is how can one confidently call their bluff? How do you differentiate between corporate communications that are genuine from those that represent mere public posturing?
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Why Omidyar Network Invested in the Global Steering Group for Impact Investment
Is impact investing reaching a tipping point? Multiple signs point to growing momentum.
- Categories
- Investing
- Tags
- impact investing
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India adopting to mobile wallets faster than US, UK; beats China too
Mobile wallets had emerged as an e-commerce payment tool in India but post demonetisation, are being used for day-to-day transactions at supermarkets, grocery stores, street vendors, tea stalls, fuel stations, and even inside taxis and auto-rickshaws.
- Categories
- Finance
- Region
- South Asia
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