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HCL drops most in 7 weeks on $1.8bn IBM-asset buy

Bloomberg HCL Technologies Ltd., founded by Indian billionaire Shiv Nadar’s family, was the worst performer among the nation’s top 50 companies after the software maker said it was buying some of International Business Machines Corp.’s software assets for $1.8 billion. The shares slid 5 percent to 961.95 rupees at the close in Mumbai on a day when the S&P BSE ...

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SoftBank hires first female partner to help manage Vision Fund

Bloomberg SoftBank hired Facebook Inc. executive Kirthiga Reddy as a partner at its $100 billion Vision Fund, the first woman to join a group of just a dozen that oversees the world’s biggest pool of technology investments. Reddy has joined SoftBank Investment Advisors, which manages the giant fund globally, to focus on frontier and enterprise technology globally, according to a ...

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Report reveals India’s air pollution crisis

Bloomberg Roughly 1.24 million people died in 2017 from India’s air pollution, according to The Lancet. The research released found 13 percent of India’s deaths — one out of every eight — could be attributed to bad air, underscoring the scale of the South Asian nation’s battle with the world’s deadliest air. More people died from smog than from household ...

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