Business news

Ola electric raises $250 mn from SoftBank, valuation close to $1 bn

SoftBank was allowed to infuse the funds into Ola after the Narendra Modi government asked the companies to electrify their fleet by 2025.

Jul 3, 2019

27% spurt in unclaimed money in banks points to low depositor awareness

Unclaimed funds in bank accounts rose to Rs 14,578 crore in 2018 and the life insurance sector is left with Rs 16,887 crore in unclaimed payments.

Jul 2, 2019

Advantage Reliance Jio as India may keep Chinese giant Huawei out of 5G trials

Market leader Vodafone Idea and Bharti Airtel that use Huawei equipment may be hit if the government decides to keep out the technology leader from China from 5G trials based on US warning.

Jul 2, 2019

Interests of Tata and Qatar Airways may cloud Etihad and Hinduja bids to buy Jet cheap

The UAE national carrier, a strategic partner holding about 14 per cent stake in the defunct private airline, has reportedly contacted the bankruptcy resolution professional.

Jul 1, 2019

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Rs 15 charge for net banking transactions? Paytm nixes reports

Some of the merchants, including educational institutes and utility service providers, do not absorb the credit card charges and pass on these charges to the customers.

Jul 1, 2019

Will Reliance Group's Mumbai HQ sale ease Anil Ambani's Rs 18,000 crore debt problem?

The 7 lakh square feet Reliance Center in Santa Cruz to which Anil Ambani group of companies moved a few years back is expected to fetch Rs 2,000 crore.

Jul 1, 2019

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Growth, consolidation, or diversification? L&T's Mindtree CEO selection strategy

Although L&T has shortlisted three candidates to replace Rostow Ravanan as chief executive of newly acquired IT services firm, the final selection will show the engineering giant's plans for Mindtree.

Jun 30, 2019

Google appears to have leveraged Android dominance in India: Anti-trust watchdog

A 14-page order from the Competition Commission of India (CCI) found Google's restrictions on manufacturers seemed to amount to imposition of "unfair conditions" under India's competition law.

Jun 29, 2019

MG Motor India launches SUV Hector; Check out features, specs and prices

MG Motor India has released 11 models of Hector in various price ranges. The topmost model is the Hector Sharp Diesel MT that has an ex-showroom price of Rs 16.88 lakh.

Jun 27, 2019

Huawei staff involved in China intelligence projects

Should India review Huawei's 5G role after reports on China military ties?

New reports suggest many employees of telecom equipment maker Huawei collaborated with Beijing's military and intelligence establishments on critical surveillance projects.

Jun 27, 2019

Tata Chemicals to build first large-scale carbon capture plant in UK

The $21 million project is undertaken by Tata Chemicals, and will be operational by 2021.

Jun 27, 2019

Coffee with Coca-Cola: Soft drinks giant in talks to buy stake in Cafe Coffee Day

Cafe Coffee Day, a subsidiary of Coffee Day Enterprises promoted by VG Siddhartha, has a chain of 1,750 outlets.

Jun 27, 2019

Vladimir Putin is building a bridge to Crimea

Anil Ambani's infra firm lands Rs 7,000 crore Versova-Bandra sea link project

The project will reduce travel time by about 80 minutes on this stretch. The Anil Ambani-led Company had earlier completed Worli-Haji Ali Sea Link in collaboration with Hyundai Engineering.

Jun 27, 2019

Bitcoin is more likely to drop to $100 than to hit $100,000 over the next 10 years

Bitcoin moving 'deep into bull market'; analysts say crypto could hit $50K

Surprising analysts and traders, the value of Bitcoins has soared in the past eight trading sessions in a row, logging a growth of more than 250%.

Jun 27, 2019

RBI directs Visa, MasterCard to store data in India

India requires stringent data storage rules so that it can better access data and conduct investigations when the need arises.

Jun 27, 2019

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Business news

Ola electric raises $250 mn from SoftBank, valuation close to $1 bn

27% spurt in unclaimed money in banks points to low depositor awareness

Advantage Reliance Jio as India may keep Chinese giant Huawei out of 5G trials

Interests of Tata and Qatar Airways may cloud Etihad and Hinduja bids to buy Jet cheap

Rs 15 charge for net banking transactions? Paytm nixes reports

Will Reliance Group's Mumbai HQ sale ease Anil Ambani's Rs 18,000 crore debt problem?

Growth, consolidation, or diversification? L&T's Mindtree CEO selection strategy

Google appears to have leveraged Android dominance in India: Anti-trust watchdog

MG Motor India launches SUV Hector; Check out features, specs and prices

Should India review Huawei's 5G role after reports on China military ties?

Tata Chemicals to build first large-scale carbon capture plant in UK

Coffee with Coca-Cola: Soft drinks giant in talks to buy stake in Cafe Coffee Day

Anil Ambani's infra firm lands Rs 7,000 crore Versova-Bandra sea link project

Bitcoin moving 'deep into bull market'; analysts say crypto could hit $50K

RBI directs Visa, MasterCard to store data in India

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]