Business news

Kodak resurrected: Camera making firm forays into pharmaceutical biz amid Covid pandemic

Kodak has reportedly taken a loan of $765 million from the US International Development Finance Corporation to help its transition from Camera manufacturing company to pharma manufacturer.

Jul 29, 2020

By investing in cleantech startups like Ranmarine, Boundary Holding envisions financial gains

WasteShark, one of its products, is capable of cleaning 500 kg debris per day without leaving any carbon footprints.

Jul 29, 2020

Entrepreneur Rup Singh Cracks Deals with Effective Customer Service in Real Estate Industry

Rup Singh is a US-based businessman who gave up his dream to become a doctor to enter into real estate which remains his passion

Jul 29, 2020

Reliance to pay up to $3.6 billion for Future Group retail operations

Mukesh Ambani's Reliance Industries Ltd will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.

Jul 28, 2020

Swiggy received 5.5 lakh orders for chicken biryani during coronavirus lockdown

Food delivery platform Swiggy said that around 323 million kgs of onions and 56 million kgs of bananas were delivered through its grocery.

Jul 28, 2020

IndiGo goes for heavier pay cuts; junior staff will be safe

IndiGo has announced further salary cuts for its employees. The company had already announced a salary cut for its pilots last month.

Jul 27, 2020

Huawei's 5G equipment pose no security risk: LG Uplus

The US has long accused Huawei, the world's leading vendor of 5G network equipment, of spying, claiming that the company can compromise the country's internet communications and steal sensitive information.

Jul 26, 2020

HDFC Bank MD Aditya Puri sold 74.2 lakh shares of bank, to retire in October

The credit for making HDFC Bank India's largest private bank goes to Aditya Puri.

Jul 26, 2020

jack ma, alibaba, chinese startups, jack ma paytm, indian startups

Alibaba, Jack Ma summoned by Indian court on former employee's complaint

The case comes weeks after India cited security concerns in banning Alibaba's UC News, UC Browser and 57 other Chinese apps after a clash between the two countries' forces on their border.

Jul 26, 2020

Entrepreneur Paras Vijay Gupta turns philanthropist in Covid-19 pandemic

I have seen the hard times, I have faced the challenges. I know how it is to go through such a phase

Jul 26, 2020

ICICI Bank's Q1FY21 net profit rises 36% to Rs 2,599 cr

Private sector lending major ICICI Bank reported a 36 per cent growth in standalone net profit of Rs 2,599 crore for the first quarter of 2020-21.

Jul 25, 2020

Indian-American 'serial entrepreneur' held for single $5.5 mn COVID relief fraud

US authorities have arrested Seattle-based Mukund Mohan, a serial entrepreneur and former executive at Amazon and Microsoft, for allegedly defrauding the Paycheck Protection Programme (PPP) with forged documents and embezzling more than $5.5 million in Covid-19 relief funds.

Jul 25, 2020

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Business news

Kodak resurrected: Camera making firm forays into pharmaceutical biz amid Covid pandemic

By investing in cleantech startups like Ranmarine, Boundary Holding envisions financial gains

Entrepreneur Rup Singh Cracks Deals with Effective Customer Service in Real Estate Industry

Reliance to pay up to $3.6 billion for Future Group retail operations

Swiggy received 5.5 lakh orders for chicken biryani during coronavirus lockdown

IndiGo goes for heavier pay cuts; junior staff will be safe

Huawei's 5G equipment pose no security risk: LG Uplus

HDFC Bank MD Aditya Puri sold 74.2 lakh shares of bank, to retire in October

Alibaba, Jack Ma summoned by Indian court on former employee's complaint

Entrepreneur Paras Vijay Gupta turns philanthropist in Covid-19 pandemic

ICICI Bank's Q1FY21 net profit rises 36% to Rs 2,599 cr

Indian-American 'serial entrepreneur' held for single $5.5 mn COVID relief fraud

Dr. Kenechukwu Nnamani, the billionaire behind KVAS group, wants to invest in Agro-exports to boost Agriculture sector

E-commerce firm Flipkart buys Walmart's India wholesale business

LinkedIn lays off 6% of its global workforce as Covid-19 crisis slows down hiring

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]