Business news

World Airline Awards 2019: Indigo voted 8th among world's best low-cost airlines

Qatar Airways bags the Best Airline Awards for the fifth time.

Jun 20, 2019

Oyo hotel in $300-million expansion in US

Oyo eyes top slot with $300 million push in US market adding one hotel a day

Flush with funds, Oyo group hopes to replicate the success of its rapid growth in India and China in the US to corner more market share.

Jun 20, 2019

Facebook CEO Mark Zuckerberg at F8 conference

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Why is Facebook going back on plans to launch crypto Libra in India?

Facebook's crypto is not designed to be a closed system and is meant for transactions in the external economy, which concerns RBI.

Jun 20, 2019

HDFC to buy Apollo Munich Health Insurance

HDFC will buy 50.8 percent stake in Apollo Munich Health Insurance for 13.36 billion rupees from Apollo Hospitals Group and 0.4 percent stake held by some employees for 108.4 million rupees.

Jun 20, 2019

Paytm Money plans to raise Rs 8,360 cr, may become 3rd unicorn from Paytm family

Paytm Money is dependent on the global investors as it has received a mere Rs 28.8 crore as investment from its parent company.

Jun 20, 2019

It adds extra responsibility to prove yourself: Supertech Limited MD Mohit Arora

Mohit Arora, M.D pf Supertech Limited is building new possibilities to overcome odds in real estate industry.

Jun 19, 2019

Will PM Modi buckle under Trump pressure to shut out Huawei from 5G trials?

Government seeks expert opinion on US threat to ban firms that deal with Huawei and subsidiaries; officials split as some worry about missing out on Chinese giant's next-gen technologies and others cite geopolitics to keep technology leader out

Jun 19, 2019

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Apple to move massive chunk of manufacturing out of China as US trade war bites

Apple is focusing on countries like Mexico, India, Vietnam, Indonesia and Malaysia to settle their product assembling firms, said a Nikkei report

Jun 19, 2019

Cognizant acquires Irish company Zenith to boost presence in life sciences sector

Zenith Technologies is a leader in creating software systems used in the supply of vital treatments to patients worldwide.

Jun 19, 2019

Bankruptcy-bound Jet staff stare at mid-career domain switch fearing jobless tag

Many of the defunct airline's staff are under pressure to switch domains though some have managed to hop on to other airlines.

Jun 19, 2019

Reliance Jio targets broadband, e-commerce push with Rs 20,000-crore war chest

Mukesh Ambani-led Reliance Industries plans to recapitalise telecom subsidiary Jio that is locked in a pitched battle with Vodafone Idea for market share

Jun 19, 2019

Karvy group rebuts accusations, says 'didn't mislead or cheat investors'

The company has claimed that Karvy Private Wealth (KPW) only acted as facilitator.

Jun 19, 2019

RBI to raise cap for easy loans under Mudra to Rs 20 lakh; will it increase bad debt?

The Pradhan Mantri Mudra Yojana (PPMY) was launched by Prime Minister Narendra Modi with an aim to provide easy loans to non-corporate, non-farm small and micro-enterprises.

Jun 19, 2019

How trade wars are changing the shape of globalisation

The on-going trade-tussle between the US and China has much deeper implications not only for the global trade environment but also for the flow of capital.

Jun 18, 2019

BYJU's lands Rs 1,393 crore funding from Qatar Investment Authority

India is seeing more and more foreign government investments in the start-up sector. Apart from CPPIB and QIA, other government arms like GIC and OPIC have also made major investments.

Jun 18, 2019

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