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United States

Sankalp Phartiyal

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

May 18 2018

Debt-laden RCom in advanced talks with Ericsson to resolve issues

MUMBAI Reliance Communications said it was in advanced talks with Ericsson to resolve "commercial issues", after two sources indicated it was currently uncertain if the firms' discussions over dues would lead to an out-of-court settlement.

May 18 2018

India RCom's settlement with Ericsson over dues unlikely for now -sources

MUMBAI, May 18 Embattled telecoms firm Reliance Communications is in talks with Ericsson to reach a settlement outside of bankruptcy court over unpaid service dues, but a deal with the Swedish gearmaker looks unlikely for now, two sources said.

May 16 2018

India's Infosys sets up blockchain-based trade finance network with seven banks

MUMBAI India's Infosys Ltd has formed a blockchain-based trade finance network with seven private-sector banks, to increase security and efficiency in the banking sector while also broadening its product offering.

May 16 2018

India's Infosys sets up blockchain-based trade finance network with seven banks

MUMBAI, May 16 India's Infosys Ltd has formed a blockchain-based trade finance network in partnership with seven private-sector banks, to raise efficiency in the banking sector and strengthen its product offerings.

May 15 2018

NCLT allows Ericsson's insolvency plea against Reliance Communications

MUMBAI The National Company Law Tribunal (NCLT) on Tuesday admitted an insolvency plea filed by Sweden's Ericsson against Reliance Communications, potentially delaying the Indian firm's plans to sell assets to lighten its debt load.

May 12 2018

Walmart may launch IPO for Flipkart in as early as four years

MUMBAI Walmart Inc said on Saturday in a filing with a U.S. regulator that it may take India's Flipkart public in as early as four years, detailing for the first time a potential listing timeline for Walmart's largest-ever acquisition.

May 09 2018

Walmart to pay $16 billion for control of India's Flipkart, shares slide

NEW YORK/MUMBAI Walmart Inc said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal as it competes with Amazon.com Inc in an important growth market. | Video

May 07 2018

Walmart likely to announce Flipkart deal before end of week: sources

MUMBAI/BENGALURU Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two sources said, in what is likely to be the U.S. retail giant's biggest acquisition of a business.

May 04 2018

Flipkart yet to finalize stake sale deal with Walmart-sources

By Sankalp Phartiyal, Nivedita Bhattacharjee and Aditya Kalra

May 02 2018

Amazon makes bid to spoil Walmart-Flipkart deal: report

BENGALURU/MUMBAI Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart, CNBC-TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online retailer.

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