Business news

Pakistan's Imran Khan unleashes $630-mn scam under CPEC; Pak military, China involved

Pakistan PM Imran Khan orders probe on inflated power costs and losses witnessed by the power sector in Pakistan.

May 22, 2020

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Private equity firm KKR to invest Rs 11,367 crore in Reliance Jio for 2.32% stake

Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms.

May 22, 2020

Aditya Birla Sun Life Mutual Fund temporarily suspends new entrants into two debt funds from May 22: Here's why

Acceptance of a fresh subscription or switch-in application to Aditya Birla Sun Life (ABSL) medium-term plan and ABSL credit risk fund, SIP, CSIP and STP is temporarily suspended from May 22 until further notice. However, no restrictions on redemptions are being imposed, it will continue as usual.

May 21, 2020

Amazon forays into online food delivery business in India, starts with Bengaluru

Amazon has entered this business at a time when two of India's largest online food delivery players have reported their lowest ever volumes due to lockdown.

May 21, 2020

'It's their choice': Mastercard to allow staff to work from home until coronavirus situation eases

Mastercard joins other technology and financial firms that have said they do not plan to implement widespread get-back-to-the-office initiatives any time soon, including its main rivals American Express Co and Visa Inc.

May 21, 2020

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

After Facebook, Microsoft mulling investment in Reliance Jio; here are the signs

Several stock market analysts are of the opinion that Microsoft could soon follow Facebook's footsteps and buy stakes in Reliance Jio.

May 20, 2020

Bharti Airtel reports fourth-quarter loss of Rs 5,237 crore amid lockdown

Indian telecom firms raised tariffs late last year after the Supreme Court upheld a demand by India's telecoms department that wireless carriers pay 920 billion Indian rupees

May 19, 2020

Uber slashes 3,000 more jobs; loses 25 percent workforce in 2 weeks

Uber had fired 3,700 employees less than two weeks ago, demonstrating how badly the global ride-hailing service has been hit by coronavirus pandemic.

May 19, 2020

Naman Tyagi, Founder & CEO of Weddopedia & Fashiopedia, sets a new World Record

Naman provides a platform to all aspiring models, designers, photographers, makeup-artist from pan India

May 18, 2020

5 tips from marketing strategist Kyree Hollis on business formation during this pandemic

Hit the market with a thorough marketing plan, brand aligning social media platforms, and an open mind

May 18, 2020

Nifty, Sensex fall as economic package fails to impress; Reliance rises

Indian shares slipped on Monday, May 18 as investors were unimpressed by the government's economic relief measures and coronavirus cases continued to rise steadily, while a boost in Reliance Industries and Cipla limited losses.

May 18, 2020

Reliance says General Atlantic to invest $870 million in digital unit

With this investment, Jio Platforms, which houses Reliance's digital businesses including telecoms unit Jio Infocomm, has raised a total of 671.94 billion rupees from investors including Facebook Inc, Silverlake and Vista Equity Partners in four weeks.

May 17, 2020

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Business news

Pakistan's Imran Khan unleashes $630-mn scam under CPEC; Pak military, China involved

Private equity firm KKR to invest Rs 11,367 crore in Reliance Jio for 2.32% stake

Aditya Birla Sun Life Mutual Fund temporarily suspends new entrants into two debt funds from May 22: Here's why

Amazon forays into online food delivery business in India, starts with Bengaluru

'It's their choice': Mastercard to allow staff to work from home until coronavirus situation eases

After Facebook, Microsoft mulling investment in Reliance Jio; here are the signs

Bharti Airtel reports fourth-quarter loss of Rs 5,237 crore amid lockdown

Uber slashes 3,000 more jobs; loses 25 percent workforce in 2 weeks

Naman Tyagi, Founder & CEO of Weddopedia & Fashiopedia, sets a new World Record

5 tips from marketing strategist Kyree Hollis on business formation during this pandemic

Nifty, Sensex fall as economic package fails to impress; Reliance rises

Reliance says General Atlantic to invest $870 million in digital unit

No fresh bankruptcy for 1 year, special insolvency framework for MSMEs

Ease of doing business: Less penalties for small firms, startups

Vedanta must reconsider delisting after Centre amends mining policy; here's why

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]