NEW DELHI,NOV 09:
Reliance Industries on Friday said it has raised Rs 3,000 crore through a privately placed debenture issue.
The unsecured, non-convertible redeemable debentures offered 8.95 per cent return with a 10-year maturity, the company said in a regulatory filing.
The...
BENGALURU,NOV 09:
Amazon is betting big to sell its voice-activated artificial intelligence assistant Alexa in the country and woo Indian consumers. The online retail giant said that Alexa had acquired 20,000 skills such as telling cricket score, conducting quizzes and...
NEW DELHI,NOV 09:
Amid the ongoing tussle between the government and the RBI, former Niti Aayog vice-chairman Arvind Panagariya has suggested that the two sides must eventually ‘compromise’ and ‘come together in national interest’.
While the RBI is legally less independent...
NEW DELHI,NOV 08:
The country's largest lender SBI said on Tuesday it plans to raise up to Rs 20,000 crore through various modes, including a follow-on public offer (FPO), to fund its growth. The shareholders of the bank will meet...
NEW DELHI,NOV 08:
With the launch of the new Santro, Hyundai has further expanded its reach in the popular hatchback segment in India. But there are two of its siblings which are priced within close proximity. On the lower end...
NEW DELHI,NOV 08:
Indian economy will expand 7.4 per cent in 2018, but the growth will slow down to 7.3 per cent in the next year as domestic demand tapers on higher borrowing cost due to rising interest rates, Moody's...
Tokyo,NOV 08:
Toshiba Corp said it is liquidating its British nuclear power unit and selling its US liquefied natural gas business, in an effort to shed troubled assets that could have exposed the Japanese company to future losses.
The plans are...
NEW DELHI,NOV 08:
Digital assistants, social media and third party channels are expected to be the primary channels for banking by 2022, apart from mobile and online, a report said Wednesday.
“After existing digital channels (mobile and online), digital assistants, social...
NEW DELHI,NOV 08:
India will start exporting raw sugar to China from early next year, a move which will help to bridge the widening trade deficit with the neighbouring country, the commerce ministry said Thursday.
"A contract for exporting 15,000 tonnes...
NEW DELHI,NOV 08:
Fair trade watchdog CCI has concluded that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors.
Amid concerns...
