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
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.
Google India's net profit rises by 23.9 percent to Rs 586.2 crore for FY20 from Rs 472.8 crore in the previous year, reports Tofler.
Bollywood actor Sonu Sood partners with Singapore based GoodWorker in a bid to drive Pravasirojgar forward.
IDC expects India's IT and Business Services market to recover and grow after the decline as a result of the pandemic.
Bengaluru-based Unacademy raises new funds from Tiger Global Management and Dragoneer Investment Group
Unacademy raises new funds for the third time this year taking its valuation to $2 billion.
The moratorium imposed on the crisis-ridden lender will be removed on Friday and depositors of LVB will be able to operate their accounts as customers of DBS Bank India from that day, said the Central bank
Mindtree Limited and The Nordex Group partner to upscale their company's digital transformation and growth plans respectively.
Speciale Invest joined by Anicut Angel Fund and others as it pitches in into Astrogate Labs' vision of space heritage and more.
Cars24 raises $200 million in Series E funding round led by DST Global taking it's valuation over the $1 billion mark
The funding round also saw the participation of existing investors like Exor Seeds, Moore Strategic Ventures and Unbound.
WhiteHat Jr gets respite from court against Pradeep Poonia who accused it of malpractices, misleading ads
The court order restricts Poonia from accessing WhiteHat Jr's internal communication channels or making any of its information public until 6 January.
India identified the nature of the coronavirus crisis and treated it differently from other economic crises of the past, he noted while addressing a virtual conference organised by industry body CII
Mittal, who has time and again drawn attention to the high taxes and levies in the sector, said it is important for the telecom industry to be sustainable as it is "high capital-intensive"
India is losing Rs 75,000 cr in taxes per year due to tax abuse by MNCs, evasion by individuals, says report
The State of Tax Justice report said $10.3 billion, or 0.41 percent of the country's $3 trillion GDP, is lost in taxes every year due to global tax abuse