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Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit. (PTI Photo)

Abu Dhabi's Mubadala to buy 1.85% stake in Jio Platforms

The interest in Jio Platforms highlights its potential to become the dominant player in India's digital economy

5 Jun 2020 9:17 AM IST

Asias stock rally pause ahead of U.S. jobs data. (AFP Photo)

Asia's stock rally pause ahead of U.S. jobs data, euro at...

Market sentiment has since been bolstered by powerful central bank stimulus

5 Jun 2020 9:12 AM IST

Amazon in talks to buy $2 billion stake in Bharti Airtel. (AFP Photo)

Amazon in talks to buy $2 billion stake in Bharti Airtel

The discussions between Amazon and Bharti come at a time when global players are placing major bets on digital arm of...

4 Jun 2020 4:07 PM IST

Google CEO Sundar Pichai. (PTI Photo)

Google CEO Sundar Pichai pledges USD 37 million to fight racism

Pichai also urged his employees to stand together in silence for 8 minutes and 46 seconds to honour

4 Jun 2020 2:38 PM IST

Trump administration moves to block Chinese airlines from US. (AFP Photo)

US to suspend flights by Chinese airlines from June 16

The decision was in response to China's failure to let United Airlines and Delta Air Lines resume flights to China this...

4 Jun 2020 2:00 PM IST

Mukesh Ambanis Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy. (PTI Photo)

Amid COVID-19, investors bet on Jio and its giant-killer playbook

India's 10-week lockdown led to a surge in demand for data, boosting Jio's phone and broadband offerings

4 Jun 2020 1:14 PM IST

Indian fugitive business tycoon Vijay Mallya. (AFP Photo)

Vijay Mallya may be extradited to India anytime soon

Mallya lost his appeals in the UK Supreme Court against his extradition to India to face money laundering and fraud...

4 Jun 2020 12:17 PM IST

Uber signals recovery in rides as lockdown restrictions ease. (AFP Photo)

Uber signals recovery in rides as lockdown restrictions ease

Trip requests are now down about 70% from a year earlier, slightly lesser than April's 80% drop

4 Jun 2020 11:27 AM IST

US job losses in May could raise 3-month total to 30 million. (AP Photo)

US job losses in May could raise 3-month total to 30 million

Since mid-March, more than 40 million Americans have applied for unemployment benefits

4 Jun 2020 10:10 AM IST

Reliance Industries announces closure of rights issue of Rs 53,124.20 crore, subscribed 1.59 times. (ANI Photo)

Reliance Industries Rs 53,124 crore rights issue subscribed 1.59 times

The Rights Issue Committee of the Board of Directors of the company will meet on June 10 to approve the basis of...

4 Jun 2020 9:53 AM IST

Asian shares hit two-month high as economic optimism spreads. (AFP Photo)

Asian shares hit two-month high as stimulus fans recovery hopes

Oil prices fell, reversing gains made the previous session, due to uncertainty about supply cuts by major producers

4 Jun 2020 8:59 AM IST

Farmers sort tomatoes near a field for their transportation to various markets during the nationwide lockdown. India is to allow farmers to sell produce directly to bulk buyers. (PTI Photo)

India to let farmers sell produce directly to traders, retailers

The act was aimed at protecting farmers from exploitation by institutional buyers such as large retailers and food...

4 Jun 2020 8:50 AM IST