Business news

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

Although India is yet to decide on a Huawei technology ban, telecom players play safe by avoiding Chinese companies to avoid getting caught in the US-China trade war.

Sep 14, 2019

AB InBev tax evasion case: World's largest brewer, banned in Delhi, probed

Local authorities barred AB InBev, the world's largest brewer, in July from selling its beer in the high profile New Delhi market for evading taxes.

Sep 14, 2019

India's top trader body seeks ban on Amazon, Flipkart's festive season sale

The two e-commerce firms typically hold annual festive season sales ahead of key Hindu festivals Dussehra and Diwali, which are due this year in October.

Sep 14, 2019

PepsiCo to set up business centre in Hyderabad, to hire 2,500 people

It is to be noted that PepsiCo's establishment of India business centre in Hyderabad will be part of planned multi-location global capability strategy.

Sep 13, 2019

Jet founder Goyal may face money laundering charges amid Modi's anti-graft drive

Multiple agencies are probing the defunct Jet Airways, founder-chairman Goyal and associates.

Sep 13, 2019

Saudi Aramco keen to partner in mega West Coast Refinery project

In the wake of India's growing oil and energy needs, a mega refinery like the one on the west coast with an expected capacity of 60 mmtpa is vital.

Sep 13, 2019

Wipro buyback: Azim Premji sells shares worth Rs 73,000 crore; money likely to be used for charity

Wipro said in a statement that founder-chairman Azim Premji has sold 224.6 million shares.

Sep 12, 2019

Adani's surprise entry heats up field for Rs 45,000-crore submarines project bid

Adani Group faces a strong field led by Mazagon Dock Shipbuilders, L&T and Reliance Naval and Engineering; Adani's claim is strengthened by a likely tie-up with Hindustan Shipyard Ltd, Visakhapatanam, and acquisition of Bengaluru-based Alpha Design Technologies that has tie-ups with Russian and Israeli companies

Sep 12, 2019

US shelves sale of MDH sambhar masala for salmonella contamination

The family-run company did not immediately respond to phone calls and emails seeking more details.

Sep 12, 2019

Hong Kong Exchanges bids $39 billion to take over London Stock Exchange

The combination would help both exchanges compete better with rivals like ICE and CME from the United States.

Sep 11, 2019

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Blackstone to acquire remaining 50% of Indiabulls' commercial assets

Last year in March, Blackstone had signed a similar deal for 50% of a portfolio of Indiabulls for around Rs 4,750 crore that was one of the country's biggest-ever deal in real estate.

Sep 11, 2019

Paytm, GST sale, India, iPhone 7, Google Pixel,

Paytm eyes core banking toehold amid talks with Rana Kapoor for Yes Bank stake

Co-founder Kapoor is seeking to exit Yes Bank by selling his and family's stake for Rs 2,000 crore; in talks with Paytm founder Vijay Shekhar Sharma.

Sep 11, 2019

No more Vande Bharat coaches to be manufactured this fiscal due to high energy consumption

Indian Railways' plan to manufacture 40 additional trains by March 2022 remains on track.

Sep 10, 2019

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Paytm parent One97's loss widens to Rs 3,960 crore amid tough competition

The losses have mounted despite transactions through Paytm rising significantly since the demonetisation.

Sep 10, 2019

US-based firm DXC Technology to hire 10,000 Indians for digital operations

The company had previously stated that the inability to hire employees had cost the company nearly $100 million in revenue last year.

Sep 9, 2019

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Business news

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

AB InBev tax evasion case: World's largest brewer, banned in Delhi, probed

India's top trader body seeks ban on Amazon, Flipkart's festive season sale

PepsiCo to set up business centre in Hyderabad, to hire 2,500 people

Jet founder Goyal may face money laundering charges amid Modi's anti-graft drive

Saudi Aramco keen to partner in mega West Coast Refinery project

Wipro buyback: Azim Premji sells shares worth Rs 73,000 crore; money likely to be used for charity

Adani's surprise entry heats up field for Rs 45,000-crore submarines project bid

US shelves sale of MDH sambhar masala for salmonella contamination

Hong Kong Exchanges bids $39 billion to take over London Stock Exchange

Blackstone to acquire remaining 50% of Indiabulls' commercial assets

Paytm eyes core banking toehold amid talks with Rana Kapoor for Yes Bank stake

No more Vande Bharat coaches to be manufactured this fiscal due to high energy consumption

Paytm parent One97's loss widens to Rs 3,960 crore amid tough competition

US-based firm DXC Technology to hire 10,000 Indians for digital operations

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]