Base effect, along with high transportation fuel cost, lifted India's annual rate of inflation based on wholesale prices to 12.94 per cent in May from a rise of 10.49 per cent in April. ...
Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, on Monday said it is acquiring full stack e-commerce platform Shop101 for an undisclosed sum....
A joint venture between UK Chancellor Rishi Sunak's billionaire in-laws and the internet retailing giant Amazon is in a multimillion-pound dispute with the Indian tax authorities, a Guardian investigation has found....
Hyundai Motor, South Korea's biggest carmaker by sales, said on Monday it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance....
The Competition Commission of India (CCI) has re-launched an investigation into Amazon’s selling practices after an Indian court dismissed pleas by Amazon and the Walmart-owned Flipkart to quash the probe, according to reports...
As the Central government draws a plan to privatise at least two public sector banks (PSB) this fiscal, it has also decided to front load capitalisation of state-owned banks so that the balance sheets of some of these entities are strengthened ahead of possible sale. ...
A fresh wave of Covid-19 in Asia where vaccination is still in early stages can further worsen the global chip supply chain, the media reported....
The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official....
If the social distancing norms are to be followed strictly at car plants, then no vehicle can be rolled out. The companies have to consider the workers as frontline warriors, said union officials at different factories. ...
Dell Technologies led the worldwide server market ranking in the first quarter this year with garnering 17 per cent of total revenue, as the global server market grew 12 per cent (year-over-year) to $20.9 billion in Q1, according to a new report....
