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The statement said SPNI will have a cash balance of USD 1.5 billion at closing. (Photo: PTI)

Zee Entertainment, Sony Pictures Networks India sign definitive...

The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due...

22 Dec 2021 11:01 AM IST

Indian Oil Corp Ltds 300,000 barrels per day refinery on the countrys east coast to be shut for three weeks for maintenance. (AFP Photo)

IOCL acquires 4.93 per cent equity stake in Indian Gas Exchange

The Board of Directors of Indian Oil approved the deal at its meeting held on December 20

21 Dec 2021 2:59 PM IST

A file picture of the Mundra International Container Port. (Photo: PTI)

Container shortage eases

The pandemic had hit the manufacturing of containers in different parts of the world, aggravating the shortage

20 Dec 2021 7:25 AM IST

Paytm IPO is scheduled to open on November 8. (Photo: Representational)

IPOs in 2021 beat three-year total

After the Covid 2nd wave, primary market was flooded with IPOs from and more than 40 companies tapped the market in the...

20 Dec 2021 7:23 AM IST

The changes have been made by the Department of Financial Services under the finance ministry by amending Life Insurance Corporation of India (Employees) Pension (Amendment) Rules. Besides, some other rules under LIC Act, 1956, have been amended. (PTI Photo)

LIC IPO unlikely to take place this fiscal due to delay in valuation

Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh...

19 Dec 2021 1:08 PM IST

Sabeer Ahluwalia (on the left) with Neil Shaw. (AA Image)

Eastern India gets a private jet club - Yaqoot Air Charter

The private jets will provide air strips in exotic locations that are usually not covered by regular airlines

18 Dec 2021 4:14 PM IST

Thukral said through this partnership, WhatsApp is committed to enhance the digital skills of the aspiring entrepreneurs and empower the youth of our country to create a safe digital environment for all. (PTI Photo)

WhatsApp launches pilot to enable financial inclusion across...

WhatsApp India Head Abhijit Bose said the pilot aims to effect a behavioral transformation to digital payments at the...

15 Dec 2021 1:12 PM IST

While the Consumer Price Index (CPI)-based inflation rose from 4.23 per cent in April to a six-month high of 6.3 per cent, food inflation soared from 1.96 per cent to 5.01 per cent in May. (Representational Photo:AP)

WPI inflation spikes to 14.2% in November

The Wholesale Price Index-based inflation has remained in double digits for eight consecutive months beginning April...

15 Dec 2021 10:03 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Over Rs 51K cr unclaimed money lies with FIs

The number of accounts not operated for more than 10 years in urban co-operative banks was 77 lakh and Rs 2,341 crore,...

15 Dec 2021 10:01 AM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

ADB lowers India's FY22 GDP growth to 9.7%

India had witnessed a strong 20.1 per cent growth rebound in Q1 of FY22

15 Dec 2021 9:59 AM IST

Aditya Birla Fashion and Retail Ltd. (Photo- twitter)

Aditya Birla Fashion buys Reebok rights

A long-term licensing agreement between ABFRL and Authentic Brands Group gives exclusive rights to distribute and sell...

15 Dec 2021 9:44 AM IST

At Netflix, Verdu will be reporting to Greg Peters, Netflixs chief operating officer and chief product officer. (Photo: Twitter)

Netflix cuts subscription rates in India

The Standard plan will be charged at Rs 499 per month, while Premium will be available at Rs 649 a month

14 Dec 2021 10:08 AM IST