Companies

Reliance Brands to buy 40% in toymaker Plastic Legno SPA, signs joint venture

Reliance Brands and Plastic Legno SPA have signed a joint venture arrangement through which the former will acquire a 40 per cent stake in the latter's toy manufacturing business in India.

Jun 2, 2022

Google disables bombardment of RCS ads in India after brands went on hype

After several companies and brands abused Google Messages' RCS (Rich Communication Services) feature in India to bombard users with multiple ads without their consent, the tech company has decided to turn off RCS ads functionality in the country.

Jun 2, 2022

Tata Motors' electric car 'Avinya' promises 500 kms in 30-min recharge

Tata Motors' subsidiary to acquire Ford India's Sanand plant in Gaujarat, signs MoU

Tata Passenger Electric Mobility based in Sanand signed an agreement with Ford India and the Gujarat government for takeover of Ford's passenger vehicle manufacturing facility, which is located adjacent to its unit.

May 30, 2022

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Centre calls off BPCL privatisation as bidders express inability to participate

It argued that the various COVID-19 waves and geopolitical situations, on the other hand, had an impact on sectors around the world, particularly the oil and gas industry.

May 27, 2022

Elon Musk escalates claim on fake Twitter users, bots issue to US SEC, seeks probe

Opening another front against Twitter CEO Parag Agrawal, Tesla CEO Elon Musk on Tuesday asked the US Securities and Exchange Commission (SEC) to probe whether Twitter's claim on the number of its user base is true.

May 18, 2022

Paytm Mall's valuation plunges 99% as Jack Ma sells 43% share [details inside]

In the face of fierce competition from Amazon, Flipkart, and Reliance, Vijay Shekhar Sharma's bet on offline-to-online commerce through Paytm Mall failed.

May 17, 2022

Air passengers being charged for boarding passes? Minister promises to look into incident

Union Civil Aviation Minister Jyotiraditya Scindia assured that he will examine the matter of passengers being charged extra for generating boarding passes at the airport.

May 14, 2022

Emirates to accept Bitcoin as payment; allow NFT trade [details inside]

Emirates COO Adel Ahmed Al-Redha announced that it intends to accept Bitcoin as a payment service and introduce NFTs on the website for trading purposes.

May 13, 2022

Tata Sons appoints Campbell Wilson as new Air India CEO, MD

Who is Campbell Wilson? Tata Sons new choice as CEO for Air India

Head of Singapore Airlines' low-cost carrier Scoot, Campbell Wilson, has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of Air India.

May 12, 2022

Toyota Group signs MoU with K'taka for Rs 4,800 crore investment

Shanghaied Toyota cuts down production in China plant, reports profits slumped by third

After Tesla, Toyota too cut down its production by 50,000 cars per month due to lockdown imposed by China in Shanghai after Omicron Covid variant surged

May 12, 2022

Adani Airports raises $250 mn for airports development

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has announced a successful closure of funding of $250 million senior secured three-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC.

May 9, 2022

Xiaomi, Manu Kumar Jain, Global, Vice president, Managing Director, Manu Jain Xiaomi,

Xiaomi accuses ED of 'physical violence' threats, agency denies allegations

As per the company's filing in the Karnataka High Court, Jain and Rao were on certain occasions "threatened ... with dire consequences including arrest, damage to the career prospects, criminal liability and physical violence if they did not give statements as per the dictates of" the agency.

May 7, 2022

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Companies

Reliance Brands to buy 40% in toymaker Plastic Legno SPA, signs joint venture

Google disables bombardment of RCS ads in India after brands went on hype

Tata Motors' subsidiary to acquire Ford India's Sanand plant in Gaujarat, signs MoU

Centre calls off BPCL privatisation as bidders express inability to participate

Elon Musk escalates claim on fake Twitter users, bots issue to US SEC, seeks probe

Paytm Mall's valuation plunges 99% as Jack Ma sells 43% share [details inside]

Air passengers being charged for boarding passes? Minister promises to look into incident

Emirates to accept Bitcoin as payment; allow NFT trade [details inside]

Who is Campbell Wilson? Tata Sons new choice as CEO for Air India

Shanghaied Toyota cuts down production in China plant, reports profits slumped by third

Adani Airports raises $250 mn for airports development

Xiaomi accuses ED of 'physical violence' threats, agency denies allegations

Mindtree and L&T Infotech announce merger; poised to become India's 5th largest IT company [details]

Why comprehensive bike insurance is the right choice for new two-wheelers

Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

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]