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Indian billionaire Gautam Adani

Adani mulls building Rs 700 bln data park to serve the likes of Google and Amazon

A new law proposed by the Indian government requires giant tech companies to store data locally. Jul 12, 2019
Samsung

Samsung to invest in 100 start-ups in big India push

The Samsung Venture Investment Corporation (SVIC) has already invested about $8.5 million in the four companies. Jul 12, 2019
Bombay Stock Exchange building BSE dalal street

Sensex tanks 200 points as bloodbath continues on Dalal Street, Nifty falls below 11,481

Sensex and Nifty fell as the Union Budget 2019 disappointed Dalal Street, which continued to react negatively to the Budget proposal. Jul 9, 2019
Solar panels

World's largest solar power plant to be built in Abu Dhabi, start commercial operations in 2022

The successful bidder will hold a 40 per cent stake in the project and the rest will be distributed among the local suppliers and partners. Jul 7, 2019
Nirmala Sitharaman

Union Budget 2019: What spooked the market despite Sitharaman's reform refrain?

Benchmark indices slumped as Finance Minister Nirmala Sitharaman's speech progressed after a brief surge ahead of the presentation. Jul 5, 2019
Nirmala Sitharaman - budget

Budget 2019: Raise in import duties on gold, other precious metals

Shares of jewellery makers such as Titan and PC Jeweller fell as much as 5 percent after the announcement. Jul 5, 2019
Nirmala Sitharaman finance ministry

Market on tenterhooks as Sitharaman begins speech presenting Union Budget 2019

Sectoral indices of banks, auto, FMCG, and realty advance while metals worst hit in a market that is vertically split. Jul 5, 2019
Stock market

Sensex recovers its 40,000 level, Nifty at a high before the budget 2019 proceedings

The BSE Sensex is seeing a trading rise of 119 points while Nifty50 has gained about 31 points since the morning. Jul 5, 2019
NFQ

Interview: Taylor Ogle, the man behind the success of fitness brand NFQ

San Diego-based entrepreneur Taylor Ogle says that he founded NFQ while living in his military dorm room. Jul 3, 2019
Ola electric

Ola electric raises $250 mn from SoftBank, valuation close to $1 bn

SoftBank was allowed to infuse the funds into Ola after the Narendra Modi government asked the companies to electrify their fleet by 2025. Jul 3, 2019
Debit cards

RBI directs Visa, MasterCard to store data in India

India requires stringent data storage rules so that it can better access data and conduct investigations when the need arises. Jun 27, 2019
Amazon logo

Amazon Prime Day Sale: 1,000 product launches and million deals; here's what you shouldn't miss

Amazon's sale in 2018 included about 100 million products. Its sale had grown by 60 per cent, breaking records set by Amazon's Black Friday and Cyber Monday sales together. Jun 26, 2019
Amazon and Flipkart

India warns Amazon and Flipkart over discounts

Amazon and Flipkart say they've complied with the rules and deny any wrongdoing. Jun 26, 2019
BSNL

Is BSNL divestment near as PM Modi denies aid for paying salary to 1.76 lakh staff?

State-owned telecom player BSNL's request for operational funds including Rs 850-crore for salary payments has been met with silence from the government while the public-sector company grapples with Rs 13,000-crore liabilities Jun 25, 2019
Bandra Kurla Complex Mumbai

Biggest land deal in India! Why is Sumitomo investing Rs 2,238 crore for 3-acre plot?

The Japanese giant has plans of building a commercial office complex at Mumbai's Bandra-Kurla Complex. Jun 25, 2019
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