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Bengaluru: Amazon.com Inc (AMZN.O) said on Friday it planned to create 1 million jobs in India by 2025, a day after the country’s trade minister said the e-commerce giant’s recently unveiled $1 billion investment in the country was no big...
Mumbai: Indian oil-to-telecoms conglomerate Reliance Industries Ltd posted another record quarterly profit on Friday, as double-digit growth at its consumer-facing businesses cushioned weakness in its energy divisions. Revenue at its retail and telecoms units each jumped more than 25 per cent...
Mumbai: The country foreign exchange reserves rose by USD 58 million to reach a life-time high of USD 461.21 billion in the week to January 10, according to the RBI data. In the previous week, the reserves had increased by USD...
A Pennsylvania judge on Friday slashed to USD 6.8 million from USD 8 billion a punitive damages award against Johnson & Johnson to a man who said it failed to warn that boys using its antipsychotic drug Risperdal could...
New Delhi: Mahindra & Mahindra (M&M) on Saturday said its subsidiary has inked a pact to acquire Fifth Gear Ventures Ltd, which operates an e-commerce market platform, for up to Rs 30.45 crore. Mahindra First Choice Wheels Ltd (MFCWL), a subsidiary...
New Delhi: Moody's Investors Service has placed Yes Bank's long-term foreign currency issuer rating of B2 under review, with the direction uncertain, citing "slowness in raising new capital". "The placing of Yes Bank's deposit rating of B2 under review reflects Moody's...
New Delhi, Jan, 16 Indian Oil Corp (IOC), the country's biggest oil firm, will decide on bidding to buy Bharat Petroleum Corporation Ltd (BPCL) after the government lists out rules for the stake sale, its Chairman Sanjiv Singh said Thursday....
Mumbai, Jan 15 : A spike in India’s retail inflation in December has raised the chances the Reserve Bank of India (RBI) will put rate cuts on hold for some time despite economic growth languishing at more than six-year lows....
Mumbai, Jan 15 : Equity benchmark Sensex dropped nearly 200 points in opening session on Wednesday as global investor sentiment dampened after the US said its initial trade deal with China does not include tariff rollback. The 30-share BSE index...
New Delhi, Jan 15 : Bharti Airtel has announced allotment of 32.35 crore equity shares to eligible institutional buyers at an issue price of Rs 445 per share as part of USD 2 billion (over Rs 14,000 crore) qualified institutional...

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