Popular video communication app Zoom has acquired Five9, a leading provider of the intelligent cloud contact centre, for $14.7 billion in an all-stock deal, which is its first major acquisition. ...
Franklin Templeton Asset Management (India) has said that it has complied with the conditions prescribed by the Securities Appellate Tribunal (SAT) in its order pertaining to the restrictions imposed by SEBI on the fund house. ...
Renault Samsung Motors will temporarily suspend production at its plant in the southeastern port city of Busan due to shortages of chips for vehicles, the company said on Sunday....
Foreign Portfolio Investors (FPI) who have turned cautious again, have so far withdrawn net investments worth Rs 4,515 crore in July. ...
Reliance Industries' (RIL) retail business is expected to grow three times in next the next three to five years at a robust CAGR of 35-40 per cent, said a Bernstein report...
Although transmission of deposit and lending rates has significantly improved in recent times, several factors continue to obstruct effective monetary transmission to these bank rates, the Reserve Bank of India (RBI) has said. ...
In a major relief for jewellers, the Karnataka Authority for Advance Ruling (AAR) has held that in case of resale of second-hand gold jewellery, jewellers have to pay GST only on the profit earned from such sale....
After Assam, the Tripura government has taken all out initiatives to export products and to promote commercial cultivation of Agar, which is used in world class perfumeries and other industries, officials said on Saturday. ...
Higher competition in the road sector could impact the building quality, said India Ratings and Research (Ind-Ra)....
The much-anticipated initial public offering (IPO) of Zomato was subscribed over 38 times by the end of the final day of the issue on Friday. ...
