NEW DELHI – Abu Dhabi state fund Mubadala Investment Company is in talks to invest about $1 billion in Reliance Industries’ digital unit Jio platforms, three sources said on Thursday. Jio Platforms, which houses music and movie apps as well a Reliance’s telecoms venture Jio Infocomm, has secured […]
Mumbai, May 22: Equity benchmark Sensex pared opening losses to turn positive in early trade on Friday amid gains in index-heavyweights Reliance Industries, Infosys and SBI. After starting over 250 points lower, the 30-share index made a U-turn to rise over 70 points to 31,005.19. The index, turned choppy […]
NEW DELHI – KKR & Co Inc will invest $1.5 billion in Reliance Industries’ Jio Platforms, its biggest investment in Asia to date and bringing the amount of new funds raised by the Indian digital company this month to a massive $10 billion. Jio Platforms, which houses movie, […]
New Delhi, May 1: The country’s largest carmaker Maruti Suzuki India (MSI) on Friday said it did not sell a single unit in the domestic market last month due to coronavirus-led nationwide lockdown. The company had zero sales in the domestic market in April 2020, MSI said in […]
Mumbai, Apr 30: Equity benchmark Sensex soared over 900 points in opening trade on Thursday tracking heavy buying at ICICI Bank, Infosys, HDFC twins and Reliance Industries counters amid rally in global stocks. After hitting a high of 33,640.73, the 30-share index was trading 895.69 points or 2.74 per […]
Mumbai, Apr 29: The rupee appreciated 34 paise to 75.84 against the US dollar in early trade on Wednesday tracking positive opening of domestic equities and weakness in the American dollar. Forex traders said positive start of domestic stocks supported the local unit. Besides, market sentiments improved as more […]
BENGALURU – Amazon.com Inc’s Indian arm will soon add small local shops as sellers on its platform as a way to provide them broader online exposure and offer consumers a greater selection of merchandise, the company said on Thursday. The launch coincides with a national lockdown as millions […]
Mumbai, Apr 9: Equity benchmark Sensex rallied over 1,265 points on Thursday, led by robust buying in auto, financial and IT stocks amid hopes of a second stimulus package from the government to mitigate the blow of the Covid-19 lockdown. After hitting a high of 31,225.20 during the day, […]
Streaming television giant Netflix on Friday launched a $100 million fund to help actors and production crews endure the hit to paychecks caused by the coronavirus pandemic. The fund is meant to help offset hardship in the “creative community,” with most of the money going to financially troubled […]
Mumbai, Mar 13: Markets took investors on a gut-churning ride on Friday, with trading being halted for the first time in 12 years as benchmarks plunged over 10 per cent in opening trade, before staging an emphatic comeback powered by banking, finance and energy stocks. The BSE and NSE […]
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