Industry

Mukesh Ambani’s latest feat: Jio propels RIL boss in list of top 100 global thinkers

Asia's richest man and Reliance Industries' Chairman Mukesh Ambani has as featured in Foreign Policy magazine's 2019 annual list of the top '100 Global Thinkers,' on the back of a 'smartphone revolut

Mukesh Ambani, Asia's richest man, chairman and MD of Reliance Industries, now owns South Asia's largest platform for music. News

Former PepsiCo CEO Indra Nooyi being considered to lead World Bank, says report

Nooyi, 63, stepped down as PepsiCo's chief last August after leading the company for 12 years. She "has been courted as an administration ally by Ivanka Trump, the president's eldest daughter who is p

Industry News

Airbnb makes a profit again in 2018 as IPO looms large

Airbnb Inc. said it made money for a second straight year, based on a common measure that excludes some expenses, as the online home-rental service prepares for an initial public offering.

Industry News

Google workers keep up fight on forced arbitration after walkout

Google said it has modified offer letters for new hires to include the change, which is reflected in a new company policy that declares sexual harassment and sexual assault claims aren’t required to

Industry News

Apple, Intel persuade US patent office to enter Qualcomm fight

The U.S. Federal Trade Commission has agreed with Apple’s view of Qualcomm licensing practices, and a trial over the government’s antitrust case is in its second week in San Jose, California.

Industry News

World’s most valuable startup takes a hit from China’s slowdown

Bytedance Ltd., the world’s most valuable startup, barely met its 2018 revenue target after a sharper-than-projected slowdown in Chinese advertising growth, people familiar with the matter said.

Industry News

Huawei’s founder denies spying, praises `Great’ President Trump

Ren Zhengfei, the billionaire founder of Huawei Technologies Co., broke years of public silence to dismiss U.S. accusations the telecoms giant helps Beijing spy on Western governments and to praise Do

Industry News

Google to expand crackdown on pesky ads for Chrome users worldwide in July

The search engine giant had first launched this feature in February but restricted it to North America and Europe. However, the ad-blocking setting was rolled out to Google Chrome browser globally.

Google, Google ads, Google pesky ads, Google fake ads, Google unwanted ads, Chrome, Ben Galbraith, Google Chrome News

Digital payments: Small shops get banks’ backing for lower UPI charges

If proposal accepted, eligible merchants will not need to shell out MDR or fee charged by banks for offering payment acceptance.

rbi, banks, digital payments News

No deal on Jet Airways, says Qatar Airways

Qatar Airways CEO Akbar al-Baker on Tuesday said that the company will not buy a stake in the cash-strapped Jet Airways as a 24% stake in the airline is held by Etihad Airways, whose owner Abu Dhabi i

qatar airways, jet airways, aviation sector, aviation industry News

December Trade Data: Imports contract after 27 months, exports up 0.34%

Trade deficit eases to $13.1 billion, the lowest since February last year.

trade, economy, import, export News

GST on real estate: Panel to explore composition scheme

The government on Tuesday said that a seven-member panel of state finance ministers will consider the proposal of a ‘composition scheme’ for the real estate sector under the goods and services tax

real estate, real estate sector, gst News

Bank of Baroda-Dena-Vijaya merger: Delhi High Court seeks government response

The Delhi High Court on Tuesday sought a response from the Centre on a plea challenging the proposed merger of Dena Bank, Vijaya Bank and Bank of Baroda. The merger of Vijaya Bank and Dena Bank into B

Delhi High Court, bank of baroda, vijaya bank News

Tech Buy: Bain Capital PE acquires majority stake in Brillio

Bain Capital Private Equity has acquired a majority stake in digital technology consulting and solutions company Brilli

Industry News

Liberty moves NCLAT against MSTC’s Rs 100 crore claim from Adhunik

Liberty House Group (LHG) has moved the National Company Law Appellate Tribunal (NCLAT) challenging state-run MSTC’s Rs 100-crore claim from Adhunik Metaliks.

nclat, liberty News

Jet Airways crisis to be resolved in a month, says Boeing

Aircraft maker Boeing expects the current crisis at Jet Airways to be resolved in a month’s time. Dinesh Keskar, senior V-P (sales), Asia-Pacific and India, said on Tuesday that things are moving in

jet airways, avition sector, aviation industry News

Jio beats Airtel, tops 4G download speed chart

Reliance Jio continues to top the 4G download speed by achieving a rate of 18.7 megabit per second (mbps) in December, although the speed was down compared to November when it had recorded a rate of 2

vodafone, airtel, jio News

Moody’s lowers Ireda rating outlook on rising ‘problem assets’

Deteriorating financial performance due to an increase in “problem assets” has driven Moody’s to downgrade outlook for Indian Renewable Energy Development Agency (Ireda).

ireda, moody News

Natural Ice Creams looks to add another 125 stores in next five years

A proponent of slow but steady growth, Natural Ice Creams is, on the back of its rebranding efforts, in expansion mode.

icre cream, natural ice cream News

Tata Motors stares at flat commercial vehicles sales growth

After two consecutive months of decline in sales volume, automobile company Tata Motors expects the growth in commercial vehicle (CV) sales to remain flat on a year-on-year (y-o-y) basis during the Ja

tata motors, tata News

Hindustan Copper bets big on unused accumulated copper ore tailing

Hindustan Copper (HCL) is eyeing a pot of gold from the unused accumulated copper ore tailing (COT) at its Malanjkhand mine in Madhya Pradesh. So far, due to the lack of a facility to process tailing

hindustan copper, hcl News

Lanco Infratech Liquidation: Bankrupt EPC firms under IBC feel heat

Already heavily indebted to lenders during bankruptcy, such firms are left with almost nothing under insolvency process.

ibc, nclt News

Syndicate Bank eyes 10% rise in advances under Mudra scheme

Despite the Reserve Bank of India’s (RBI) concern over the NPAs under the Modi government’s flagship scheme to support micro enterprises in India — Pradhan Mantri Mudra Yojana — public sector

Syndicate Bank , banking sector, banking industry News

Analyst Corner: Retain ‘hold’ on Jet Airways, maintain target price at Rs 235

Press reports indicate that Jet Airways’ lenders have proposed a restructuring plan involving a fresh infusion of Rs 1,500 crore by Etihad, Rs 400 crore by Naresh Goyal and conversion of Rs 600 cror

jet airways, aviation sector, aviation industry News

Analyst Corner: Lower L&T estimates by 3-4%

Orders from states/PSUs should continue based on past history of capex spending by states (fiscal targets a limited constraint) and reasonable leverage/capex plans of PSUs.

l&t, psu News

Life insurers’ APE surges 14% in December; LIC lags private peers

The life insurance industry posted a 14% growth in its annualised premium equivalent (APE) at Rs 7,804.1 crore in December compared to the year-ago period.

loc, ape News

BajajAllianz General Insurance launches M-Care against vector borne diseases

Bajaj Allianz General Insurance has launched M Care, a health insurance product that offers protection against seven common mosquito borne diseases namely dengue, malaria, chikungunya, kala azar, Japa

bajaj, vector disease News
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