Intel to acquire 0.39% stake in Jio Platforms for Rs 1,895 cr; will be 12th firm to invest in Reliance Industries' digital arm
The Intel deal values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
At 8.5 percent, unemployment rate falls to pre-lockdown levels, suggests CMIE data; rural employment likely to see 'bigger gains' in coming months
India’s unemployment rate reduced to pre-lockdown levels at 8.5 percent during the week that ended on 21 June, Centre for Monitoring Indian Economy (CMIE) said.
The statement comes against the backdrop of social media buzz that issues that might arise while transferring money through Google Pay cannot be redressed under law as the app is unauthorised.
SEBI comes out with operational framework for transactions in defaulted debt securities, to be implemented from 1 July onwards
Markets regulator SEBI allowed transactions in defaulted debt securities and put in place operational framework for such transactions
Fast-food giant Burger King aims to raise Rs 810 crore from its Initial Public Offering going live on 2 December 2020.
E-commerce giant Flipkart sees not only a rise in revenue but also expenses for the financial year 2020.
Kustomer helps its users automate and align all customer support related issues into one stream.
Along with DST Global, Ribbit Capital, Sequoia Capital, and Tiger Global have also invested in Cred.
At Rs 1,04,963 crore, the November 2020 collections were higher than Rs 1.03 lakh crore recorded in November 2019 but were Rs 192 crore lower than October 2020 collections
The top court was hearing Kochhar's appeal against an order of the Bombay High Court, which had dismissed her plea against termination, noting that the dispute arises from a contract of personal service
Paytm Money wholly-owned subsidiary of Paytm aiming for 8-10 percent IPO market share in the first year of launch.
A homegrown mobile application co-founded by a group of three raises funding after rapid growth in the last four months.
Stop banks from offering cashbacks on online purchases, CAIT demands in letter to Nirmala Sitharaman
The traders’ body called for immediate action to stop the practice and a thorough probe into why banks were extending discounts only on purchase from designated e-commerce portals
CAIT also claimed that various government authorities, despite being custodians of the law, have "failed to protect the sanctity of the policy and law of the government"
Foreign portfolio investors remain net buyers in November, invest record Rs 60,358 crore in equities
Global investors are preferring investing in emerging markets more than developed markets as the potential upside is much higher, said Harsh Jain, co-founder and COO at Groww
The group, which had initially bid only for DHFL's wholesale and SRA portfolio, in a revised offer on 17 November bid for the entire book, offering a total of Rs 30,000 crore plus interest of Rs 3,000 crore, said a source
Indian government issues fresh guidelines for cab aggregators like Uber, Ola putting a cap on surge pricing
Prices of cab availing services likely to get lower as the government issues new guidelines to cab aggregators.
The GDP had expanded by 4.4% in the corresponding July-September period of 2019-20, according to NSSO data
Flipkart and Amazon record combined sale of $7.3 billion as online shopping gets a boost due to pandemic.
National Payments Corporation of India brings onboard new members as part of its shareholding party.