With Uber considering a public offering in 2019, it would make sense for the company to pitch India's growth potential to investors, said one industry source, adding it also needs to balance that by showing profitability.

World over testing has begun for the new technology that is expected to offer 10 gbps speed, with American service providers targeting a launch by end-2018. Meanwhile in India, Airtel and China's Huawei conducted the first trial in Gurgaon.

Xiaomi launched the Mi Mix 2S in China; Mi Mix 2S scored 101 in DxOMark photo tests; 88 in Video; Nokia 1 starts selling in India at Rs 5,499 and iPhone SE2 expected to launch at WWDC event. Find out more on this episode of BusinessToday.In Daily Tech Wrap with Danny D'Cruze.

In the middle of a gloomy employment scenario in the telecom sector, the Telecom Sector Skills Council (TSSC), the skill development body formed by the National Skill Development Corporation and telecom players, says that the sector is expected to add over 10 million jobs over the next five years.

Xiaomi has launched the Mi Mix 2S at an event in Shanghai. With the launch of the new Mi Mix, Xiaomi has made it clear that it is no longer aiming to be just the best-priced smartphone but also the best smartphone.

So far, the leaks suggest that on the outside the device will look similar to the current Mi Mix 2. However, it will sport better internals. It is certain that the Mi Mix 2S will sport the latest Snapdragon 845 chipset.

The Commerce minister said India is trying to engage with traditional and new partners

Southeast Asia's largest acquisition deal was signed this weekend. Earlier this morning, Singapore-based Grab announced that that it has acquired Uber's Southeast Asia operations. This ends the nearly-five year old journey of the US-based company in the region, which began in Singapore.

The deal, which could be announced as early as Monday, marks the industry's first big consolidation in Southeast Asia and puts pressure on rivals such as Indonesia's Go-Jek, backed by Alphabet Inc's Google and China's Tencent Holdings Ltd.

The son of the richest man in the country proposed to diamantaire Russell Mehta's youngest daughter Shloka Mehta at a pre-engagement ceremony in Goa. The wedding of Akash Ambani, the scion of India's richest family, is on the cards for later this year.

The anti-dumping rules does not grant any discretion to the Ministry in the matter of termination of investigation, once the domestic industry files a written request for termination of the probe.