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Reliance Industries' Chairman and Managing Director Mukesh Ambani.

Jio subscriber base at over 340 mn, ready to kick-start 4 new growth engines: Ambani

The investment cycle of Reliance Jio is complete, and about Rs 3.5 lakh crore has been invested in high-speed 4G network.

12 Aug 2019 12:16 PM

Going ahead investors will closely monitor government measures on supporting growth and FPIs tax issues, said Vinod Nair, Head Of Research at Geojit Financial Services.

Macro data, policy cues to drive markets in holiday-shortened week: Analysts

During the last week, the Sensex gained 463.69 points or 1.24 per cent.

11 Aug 2019 1:41 PM

The current policy does not talk about contract manufacturing and it is not clearly defined in the policy. Big technology companies across the world are going for this, so there is a need for a clarification on the matter which government is considering positively, sources said.

Govt may permit 100 pc FDI in contract manufacturing: Sources

Commerce and industry ministry is working on a proposal that would be finalised soon and sent for Union Cabinet's approval.

11 Aug 2019 1:22 PM

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Nirmala Sitharaman silent on higher taxes for foreign investors: sources

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM

Commerce and Industry Minister Piyush Goyal's visit is a precursor to the visit of the Prime Minister Narendra Modi to Vladivostok in early September for the Eastern Economic Forum, where he will be the chief guest. (Photo: File)

Piyush Goyal to lead delegation of five CMs, business leaders to Vladivostok

The commerce minister's visit would see major announcements on collaborative projects with Russia.

09 Aug 2019 8:09 PM

Real GDP growth for 2019-20 is revised downwards from 7 per cent in the June policy to 6.9 per cent, said an RBI stament. (Representational Image)

RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

07 Aug 2019 1:36 PM

In FY19 (2018-19), the gross investment rate, estimated at 31.3 per cent, was able to deliver a real growth rate of 6.8 per cent.

India needs to grow at 9 pc to achieve PM's target of USD 5 trillion economy: EY

The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.

05 Aug 2019 9:33 AM

Paytm E-commerce, the parent firm of Paytm Mall, has issued preferential shares on private placement basis to e-Bay.

eBay buys 5.5 per cent stake in Paytm Mall for USD 160 million

With this round, Paytm Mall has raised about USD 805 million in total funding across three rounds.

01 Aug 2019 10:50 AM

Bengaluru-based education and learning app founder and CEO Byju Raveendran.

Byju Raveendran becomes one of India's youngest billionaires: Report

Earlier this month, Byju had raised USD 15 million from investors driven by the Qatar investment Authority (QIA).

29 Jul 2019 4:21 PM

The deal comes months after Bigbasket closed USD 150 million in funding from a group of investors.

Grocery start-up Bigbasket gets USD 14.5 million in venture debt

Bigbasket will use the fresh funds to set up warehouses and boost its cold chain.

29 Jul 2019 2:18 PM

The investment was made under the central bank's automatic route in the revamped external commercial borrowings (ECB) framework.

PNB Housing Finance raises USD 100 million from IFC

The RBI has allowed us to borrow ECB up to USD 750 million annually under the automatic route.

29 Jul 2019 10:40 AM

The idea behind the FurniSure Experience Zone is to allow customers to explore Flipkart Furniture's offerings in a new and innovative fashion.

Flipkart comes with first offline presence with Furniture Experience Centre

Flipkart would offer a touch and feel experience to customers in the fast-evolving online furniture market.

29 Jul 2019 9:56 AM

PepsiCo India President and CEO El Sheikh further said that this will generate 1,500 jobs in the state.

PepsiCo plans Rs 500 cr investment to set up food manufacturing unit in UP

PepsiCo will focus on expansion of its agro-based programme in the state.

29 Jul 2019 9:52 AM

In the next five years, the group is planning to invest Rs 5,000 crore in power transmission and another Rs 500 crore in food processing sector, Gautam Adani said.

Adani plans Rs 5,500 cr investment for UP in power, food processing

Under food processing segment, rice and flour mills, kachchi ghani refining facility will be set up in UP, said Gautam Adani.

28 Jul 2019 6:49 PM

Revenue from seller services grew 23 per cent to USD 12.0 billion in the second quarter.

Amazon's push for one-day delivery dents profits, costs up 21 per cent

The cost slightly exceeded the USD 800 million Amazon had forecast it would spend on the initiative in the second quarter.

26 Jul 2019 11:18 AM

Aramco and the United Arab Emirates’ national oil company ADNOC teamed up with state-run Indian refiners last year in a plan to build a 1.2 million barrel per day refinery. (Representational Image)

Saudi's Falih says Reliance-Aramco talks on Indian refinery stake continue

The plan has faced delays as farmers refused to surrender land, forcing the Maharashtra government to find a new location.

26 Jul 2019 9:25 AM

The collaboration utilized Toyota’s connected technologies and next-generation battery electric vehicles.

Toyota to invest USD 600 million in China's Didi, new joint venture

Toyota and Didi have previously collaborated on other vehicle projects and services for Didi drivers.

25 Jul 2019 11:55 AM

The use of P-notes has been on a decline since 2017 because of gradual measures taken by regulatory bodies to curb its usage. (Photo:Representational/File)

Investments via P-notes decline to Rs 81,913 crore in June

Out of the total investments made till the end of June, Rs 56,664 cr was invested in the equities segment, Rs 24,428 cr.

22 Jul 2019 3:29 PM

Reliance is also holding parallel negotiations for a similar monetisation exercise for its 7,00,000 route km fibre network.

Brookfield to invest Rs 25,215 cr in Reliance's telecom tower arm

This is the second investment this year that Brookfield is making in a venture controlled by richest Indian Mukesh Ambani.

20 Jul 2019 10:08 AM

In the previous reporting week, the reserves had surged by USD 2.236 billion to scale a new life-time high of USD 429.911 billion. (Photo: PTI)

First time in a month, forex reserves fall by USD 1.11 billion

The country's reserve position with the fund also declined by USD 1.5 million to USD 3.345 billion.

20 Jul 2019 9:46 AM

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Sanjeev Ahluwalia