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Bajaj invests $8 million in Yulu to boost EV adoption in India

The fresh round of investment will be utilised for further strengthening of the mobility platform and deepening of the technology solutions for rapid expansion. Nov 27, 2019
Bombay Stock Exchange

Sensex surpasses 41,000 mark for first time, Nifty above 12,100

Shares of Mukesh Ambani's Reliance Industries Limited touched a record high as the company's market capitalisation (M-cap) nears Rs 10 lakh crore. Nov 26, 2019
Corporate tax

Must sell now: Fall in direct tax collection hastens urgency of privatisation

A 17% shortfall in October direct tax collection at Rs 50,715 crore may jeopardize government spending and worsen liquidity issues plaguing the economy if divestment drive slackens. Nov 26, 2019
Tata Steel

India probe finds SKF, Schaeffler, Tata Steel units colluded on bearings prices

The Competition Commission of India (CCI) began an investigation in 2017 after receiving allegations of five companies colluding on bearings prices from 2009-2014 to pass higher raw material costs onto customers in the auto sector. Nov 26, 2019
Apple Inc

Apple supplier Salcomp to invest $279 million in new Indian plant

The widening of Apple's supplier base in India, the world's second-biggest smartphone market, is a boost to Prime Minister Narendra Modi's "Make in India" drive. Nov 26, 2019
Anil Ambani

Will Mukesh Ambani's move to head off Airtel bid for Anil Ambani's assets fail?

Jio and Airtel are eyeing Reliance Communications' assets that include spectrum, towers, fibre network and real estate, heating up telco wars further. Nov 26, 2019
whatsapp

WhatsApp invests $250,000 into Indian startup ecosystem

The investment will provide 500 startups approved by the Department of Industrial Policy and Promotion (DPIIT) with $500 each of Facebook ad credits. Nov 26, 2019
Russian President Vladimir Putin

An iPhone with bloatware or no iPhone at all: Russia passes new law

When the new Russian law comes into effect, a lot of companies might have to exit the market or comply with an odd request. Nov 25, 2019
paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Paytm secures $1 billion in latest funding round, T. Rowe Price joins as investor

Paytm plans to invest ₹10,000 crores over the next three years to bring financial inclusion to areas, which are yet to get traction. Nov 25, 2019
Tiffany & co

Louis Vuitton owner to buy Tiffany & Co for $16.2 billion, biggest acquisition of all time

Fashion and accessories brands including Christian Dior generate the bulk of earnings at LVMH, run by France's richest man, Bernard Arnault, though growth in jewellery has shone in recent years. Nov 25, 2019
Swiggy

How Swiggy turned novel idea into successful business model

Swiggy has spearheaded the cloud kitchen initiative towards success in a matter of just two years. Nov 25, 2019
sensex nifty

What growth woes? Sensex hits life-time high of 40,846, Nifty above 12,050

India is scheduled to release its Q2 GDP figures later this week which is widely expected to be below 5 per cent. Nov 25, 2019
cash, money, atm, layoffs, salary, hike, money, mutual funds, employees, hiring, it jobs, it hiring, tcs, wipro, infosys, tech mahindra

Karvy stock broking scam: Here's all you need to know about Rs 2,000 crore fraud

An investigation by National Stock Exchange (NSE) showed that between April 2016 and October 2019, Karvy had transferred a net amount Rs 1,096 crores to its group firm Karvy Realty. Nov 24, 2019
Oyo Rooms

More than 500 hotels across 100 cities check-out of Oyo Rooms; here's why

The customers seem to have sandwiched between the tussle as they are complaining on the social media that hotels are accepting their bookings made on hotel aggregator Oyo's website when they tried checking-in. Nov 23, 2019
Facebook

Soon, WhatsApp, Facebook and others could start tracing messages for Indian govt

Indian govt can demand message traceability from Facebook, WhatsApp, TikTok and others if the new IT rules come into effect. Nov 22, 2019
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