As Facebook is set to take up nearly 10 per cent stake in Reliance Jio, Mark Zuckerberg, the Facebook CEO on Wednesday said that both the companies would work on some major projects to open up commerce opportunities for people in India....
It was coming but no one thought it to be this big, especially during the grim COVID-19 times. Facebook's $5.7 billion investment (approx. Rs 43,574 crore) in Reliance Jio has created ripples in the Indian tech and ecommerce sector, leaving the leading players guessing what is coming next. ...
Union Finance Minister Nirmala Sitharaman would soon discuss the states' financial affairs with their Finance Ministers through video link, Assam's Finance and Health Minister Himanta Biswa Sarma said here on Monday. ...
The Enforcement Directorate (ED) on Monday said that it has attached 124 immovable properties valued at Rs 175.29 crore of Prakash Vanijya Pvt Ltd and others for defrauding Central Bank of India to the tune of nearly Rs 235 crore. ...
Just days after the Centre amended the Foreign Direct Investment (FDI) policy to check opportunistic takeovers of Indian companies amid the Covid-19 pandemic, China on Monday criticised the move and said that it violates the World Trade Organizations principle of non-discrimination. ...
Crude oil prices plunged on Monday with the West Texas intermediate (WTI) crude in the US falling below the $15 per barrel mark, the lowest level in 21 years. ...
In a move presumably aimed at blocking China and its companies from opportunistic takeovers of Indian companies due to the Covid pandemic and subsequent crisis, India has clarified that foreign investments from countries with which India shares land border shall be under government approval route....
B.R. Shetty's flagship company Abu Dhabi-based NMC Health was has been placed under the UK court's supervision....
Finance Minister Nirmala Sitharaman and Commerce Ministry Piyush Goyal applauded the Reserve Bank of India's (RBI) fresh slew of measures to ease liquidity and regulatory norms....
The Indian stock market opened on a positive noted on Friday, with the BSE Sensex rising over 1,000 points....