Business News
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A year on, Apple’s India bet bears fruit
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How fare-bidding apps, economic woes drove Careem to the margins of Pakistan’s ride-hailing business
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Elon Musk postpones India trip because of ‘very heavy Tesla obligations’
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Paytm Payments Bank fined Rs 5.49 crore for violating law against money-laundering
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Paytm founder Vijay Shekhar Sharma steps down from payments bank board
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EPFO recommends increasing interest rate to 8.25% from 8.15%
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Finance ministry tells EPFO to not announce interest rate without its approval
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Raghuram Rajan says he is worried about the sequential slowdown in India’s economic growth
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Actor Arshad Warsi banned by market regulator for stock manipulation
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Adani Group row: Centre says no objection to forming panel to protect investors
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Adani-Hindenburg row: SC notes heavy loss to investors, seeks SEBI’s views on improving regulations
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Morgan Stanley cuts free float status of four Adani firms, but spares delisting them from indices
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Elon Musk cleared of charges over 2018 tweets claiming he would take Tesla private
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Ola and Uber deny reports about possible merger
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US Federal Reserve announces biggest interest rate hike in 28 years to control inflation
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Centre withdraws offer to sell 52.98% stakes in Bharat Petroleum
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Housing finance company HDFC Limited announces merger with HDFC Bank
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Movie theatre chains PVR Limited and Inox Leisure announce merger
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Former National Stock Exchange chief Chitra Ramkrishna sent to 14-day judicial custody
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Anand Subramanian is the mysterious ascetic who influenced former NSE chief’s decisions, claims CBI
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US to ban all imports of oil and gas from Russia, announces Joe Biden
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Former NSE chief Chitra Ramkrishna sent to seven-day CBI custody in co-location scam
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CBI arrests former National Stock Exchange chief Chitra Ramkrishna
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CBI court turns down anticipatory bail plea of Chitra Ramkrishna in NSE co-location case
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BharatPe removes Ashneer Grover from all company positions day after he resigned
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Bharat Pe co-founder Ashneer Grover quits company, claims he’s being ‘vilified’
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Tax officials raid premises of former National Stock Exchange chief Chitra Ramakrishna, say reports
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Amazon to close Westland Books, the publishing company it acquired five years ago
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Cairn Energy withdraws all lawsuits against Indian government, to get Rs 7,885 crore tax refund
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Sony Pictures, Zee Entertainment sign deal to merge TV channels, film assets and streaming services
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Economist Gita Gopinath appointed as IMF’s first deputy managing director
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Cairn Energy agrees to drop cases against India in exchange for $1.06 billion refund
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US not looking for a new trade agreement, says Union minister Piyush Goyal
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Piyush Goyal says industry practices against country’s interest, criticises Tata Group: Report
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Twitter India head Manish Maheshwari will move to US as company’s senior director
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Government undid a mistake of the past by scrapping retrospective tax, says PM Modi
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Centre introduces Bill to nullify retrospective tax, provide refund in cases where it has been paid
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Kumar Mangalam Birla steps down as Vodafone Idea chairman and director
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Vodafone loses over Rs 2,700 crore in market cap after KM Birla offers to give his stake to Centre
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Depositors will be paid up to Rs 5 lakh within 90 days of banks being put under moratorium: Centre
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India has not received any order on Cairn Energy seizing government properties in Paris, says Centre
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Three Adani Group stocks lose 5% each despite denial on reports of freeze on foreign funds
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Adani Group says reports of freeze on foreign funds ‘blatantly erroneous’
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India files appeal in Dutch court against paying $1.2 billion to Cairn Energy in tax dispute case
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Cairn Energy case: Courts in five countries confirm $1.4 billion arbitration against India
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Cairn Energy files case in US court against Indian government for payment of $1.2 billion
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Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over
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Cairn Energy wins arbitration case against Indian government in tax dispute
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Cyrus Mistry’s SP Group submits plan in Supreme Court to separate from Tata Sons
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Amazon gets interim relief as arbitration panel puts Future-Reliance deal on hold
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Maharashtra, Tesla held discussions over investment in state, says Aaditya Thackeray
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Silver lake co-investors buy additional stake in Reliance’s retail arm for Rs 1,875 crore
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Reliance Industries sells 0.84% stake of its retail arm for Rs 3,675 crore to General Atlantic
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‘I am a man of simple tastes who drives one car’: Anil Ambani tells UK court in Chinese banks case
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Reliance Industries sells 1.28% stake of its retail arm for Rs 5,550 crore to US-based firm KKR
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Shapoorji Pallonji Group announces it will exit Tata Group, says ‘mutual co-existence infeasible’
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How Indian-origin businessmen fared on Forbes’ ‘400 wealthiest Americans’ 2020 list
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Delhi High Court stays insolvency proceedings against Anil Ambani in SBI loan case
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Donald Trump gives Microsoft over a month to reach deal to acquire TikTok
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CCD owner took nearly Rs 2,700 crore out of the company before his death by suicide, says firm
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Intel buys 0.39% stake in Jio Platforms for Rs 1,894 crore
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Carlyle to acquire 25% stake in Airtel’s data centre business for Rs 1,774 crore
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Reliance Industries becomes India’s first company to hit Rs 11.44 lakh crore in market value
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RIL becomes ‘net-debt free’, Mukesh Ambani says he fulfilled promise to shareholders before schedule
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Two US companies buy stake in Jio Platforms for a total of Rs 6,440 crore
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Coronavirus: Parle-G recorded best growth in four decades during the lockdown, says biscuit maker
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Reliance Jio announces investment of Rs 5,683 crore by Abu Dhabi Investment Authority
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Reliance Jio announces investment of Rs 9,093 crore by Abu Dhabi-based investor Mubadala
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Reliance Jio gets Rs 11,367 crore as US equity major KKR buys 2.32% stake
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Alibaba founder Jack Ma to resign from SoftBank board after 13 years
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Reliance’s Jio Platforms to get investment of Rs 5,656 crore from US private equity firm Silver Lake
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Reliance Jio’s net profit in January to March quarter nearly triples to Rs 2,331 crore
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Facebook buys minority stake of $5.7 billion in Reliance Jio platforms
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Centre invites bids for sale of government stake in Bharat Petroleum
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Union Cabinet approves Rs 2,500 crore fund infusion in three state-run general insurance companies
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Anil Ambani tells UK court his ‘net worth is zero’, cannot pay back loans to Chinese banks
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LIC’s initial public offer likely in second half of 2020-’21, says finance secretary
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IBM names Indian-born Arvind Krishna its next chief executive officer
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Tata-Mistry dispute: Supreme Court stays tribunal order dismissing Registrar of Companies challenge
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Zomato buys Uber’s food delivery business in India for $350 million
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Supreme Court stays NCLAT order reinstating Cyrus Mistry as Tata Sons chairperson
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Centre to refund Rs 104 crore to Reliance Communications after Supreme Court dismisses plea
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Finance minister bans levy of Merchant Discount Rate by businesses with turnover of over Rs 50 crore
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Anand Mahindra to step down as Mahindra & Mahindra’s executive chairperson
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Reliance Industries becomes first Indian firm to cross Rs 10-lakh-crore market capitalisation
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Subhash Chandra resigns as chairperson of Zee Entertainment Enterprises
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Reliance Communications’ lenders reject resignations of Anil Ambani, four other directors
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Anil Ambani resigns from Reliance Communications, five other directors also step down
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After McDonald’s CEO Steve Easterbrook’s exit, fast food chain loses human resources chief
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Yes Bank Group President Rajat Monga resigns, lender’s stocks surge
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UK-based travel firm Thomas Cook collapses, stranding nearly 150,000 tourists
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Jack Ma steps down as Alibaba chairperson after two decades at the helm
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SBI Managing Director Anshula Kant appointed MD and CFO of World Bank
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IndiGo shares plunge 19% after SEBI intervenes in co-founders’ allegations against each other
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Reliance Group has paid Rs 35,000 crore debt in 14 months, says Anil Ambani
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RBI extends timings for RTGS transactions from 4:30 pm to 6 pm
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Amul milk to be costlier by Rs 2 per litre in major markets from Tuesday
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European Union fines five banks €1.07 billion for colluding in foreign exchange market
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IndiGo CEO dispels rumours about disagreement between airline’s promoters, say reports
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McDonald’s reaches out-of-court settlement with estranged partner Vikram Bakshi, buys his stake