Business news

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

As part of the 10-year alliance, Jio will build data centres across India that will be hosted on Microsoft's Azure cloud.

Aug 13, 2019

Reliance Industries (RIL) Chairman Mukesh Ambani

Reliance looks for investment opportunities in J&K, Ladakh after scrapping of Article 370

At the 42nd AGM of the company, Ambani said that they would make a lot of announcements on the developmental initiatives in the newly-created Union Territories.

Aug 12, 2019

Reliance AGM 2019: Mukesh Ambani announces rollout of Jio Giga Fibre on Sept 5

Mukesh Ambani said Jio Giga Fibre will offer lifetime free voice calls from landline phones and high-speed broadband with additions like high definition TV and dish at a monthly rental of Rs 700 to Rs 10,000.

Aug 12, 2019

Saudi Aramco to buy 20% in Reliance oil business in one of the biggest FDI deals in India

The Aramco, Reliance deal will have an enterprise value of around Rs 5,32,466 crore.

Aug 12, 2019

Mukesh Ambani presents 'Reliance New Commerce' and a plan to become zero net-debt firm

Billionaire Ambani's new strategy means for Jamnagar refinery means it would gradually reduce the production of auto fuels and turn to jet fuel and petrochemicals.

Aug 12, 2019

Aadhaar Pay back in demand, crosses 200 million transactions in July

As per the latest data from the National Payments Corporation of India, transactions increased 11 percent, from 185 million in June to 206 million this July.

Aug 12, 2019

FPIs withdraw Rs 9,197 crore worth investment in August, all eyes on FM now

The trend of cutting down the investments was seen after eight core sector industries such as coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity continued to show a negative growth due to the economy slowdown.

Aug 12, 2019

OnePlus preparing for Sept 26 launch of its first smart TV with combined Android and AI experience

OnePlus will be stepping into the TV segment with its android-run smart TV. The TV is expected to integrate AI-powered voice assistant.

Aug 12, 2019

Anil Agarwal's Volcan Investments shows interest in Jet Airways

Volcan Investments in an exploratory move has sought an EoI for Jet Airways, to understand the business scenario for the company and the industry.

Aug 12, 2019

Demand truncation dents workforce in Gurugram-Manesar auto cluster

No authentic data is currently available on the extent of job losses, as most of these have occurred on the auto part suppliers' side.

Aug 11, 2019

Explained: What's behind the record surge in gold prices?

Safe-haven investments gold and silver futures rise in India as equities underperform after the general election 2019 and in international markets because of US-China trade war fears.

Aug 10, 2019

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Home buyers will enjoy the status of banks and institutional creditors and can take real estate companies into bankruptcy proceedings.

Aug 10, 2019

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Markets respond energetically to reports government is considering the lifting of the surcharge proposed in the Union Budget 2019; Sensex, Nifty soar for the second day.

Aug 9, 2019

Zomato announces better parental leave benefits to all staff including men, non-birth parents and LGBTs

Zomato lays off 70-100 Gurugram employees to cut costs

The company cited redundancies in the department as the reason for the lay-offs.

Aug 9, 2019

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Automakers call for major incentives as top carmaker Maruti reduces production by 25 percent for the sixth consecutive month in July

Aug 8, 2019

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Business news

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

Reliance looks for investment opportunities in J&K, Ladakh after scrapping of Article 370

Reliance AGM 2019: Mukesh Ambani announces rollout of Jio Giga Fibre on Sept 5

Saudi Aramco to buy 20% in Reliance oil business in one of the biggest FDI deals in India

Mukesh Ambani presents 'Reliance New Commerce' and a plan to become zero net-debt firm

Aadhaar Pay back in demand, crosses 200 million transactions in July

FPIs withdraw Rs 9,197 crore worth investment in August, all eyes on FM now

OnePlus preparing for Sept 26 launch of its first smart TV with combined Android and AI experience

Anil Agarwal's Volcan Investments shows interest in Jet Airways

Demand truncation dents workforce in Gurugram-Manesar auto cluster

Explained: What's behind the record surge in gold prices?

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Zomato lays off 70-100 Gurugram employees to cut costs

Auto sector skids downhill as economy hits bump; Maruti cuts production again

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]