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The notification form is being filed in relation to Jaadhus proposed acquisition of a minority, the non-controlling shareholding of approximately 9.99 per cent of the fully diluted equity share capital in Jio Platforms, which is worth USD 5.7 billion.

Blackstone buys majority stake in ASK

Blackstone acquired 70 per cent stake from promoters and employees valuing the company at $1 billion

15 Feb 2022 9:27 AM 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)

Inflation breaches RBI band in January

The RBI, which mainly factors in the CPI-based inflation, has been tasked to keep the inflation at 4%, with margin of 2%...

15 Feb 2022 9:25 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Sensex crashes over 1,500 pts in opening deals on geopolitical worries

The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals

14 Feb 2022 10:24 AM IST

Swiggy to lay off 1,100 employees as covid19 hits online food orders. (PTI Photo)

Quick delivery services driving hiring in e-com

The year seems to be optimistic for last mile delivery services and a healthy kick-start is expected, says TeamLease...

14 Feb 2022 8:34 AM IST

A career in data analytics is highly enriching and profitable, more so than ever before.

Analytics players tap digital boom

Latent View Analytics raised Rs 600 crore from the primary market last year in a highly successful fund raising exercise

14 Feb 2022 8:32 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 plays contrarian on Sensex firms

The companies in which LIC raised its stake during the third quarter included Tata Steel, Reliance Industries, Asian...

14 Feb 2022 8:30 AM IST

Sebi proposes to relax minimum public shareholding norms for firms under insolvency. (PTI Photo)

Govt to sell 5% stake in LIC; embedded value at Rs 5.4 L cr

The LIC policyholders and LIC employees will be offered equity shares at a discount to the public issue price to be set...

14 Feb 2022 8:23 AM IST

EPFOs apex decision-making body Central Board of Trustee will take a call on the interest rate on employees provident fund deposits for 2021-22 in its meeting next month. (DC file photo)

EPFO to take call on interest rate for 2021-22 in March

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March...

14 Feb 2022 12:53 AM IST

Rahul Bajaj. (PTI File Image)

Eminent industrialist Rahul Bajaj dies at 83

President Kovind and PM Modi expressed grief at the demise of Bajaj and recalled his contributions to the world of...

13 Feb 2022 7:40 AM IST

Union Finance Minister Nirmala Sitharaman in the Rajya Sabha, during ongoing Budget Session of Parliament, in New Delhi. (Photo: PTI)

Retail inflation contained at 6.2% despite biggest contraction in...

The finance minister stated that the objective of the budget is a stable and sustainable recovery in the economy

11 Feb 2022 11:46 AM IST

Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photo

RBI maintains status quo; leaves repo rate unchanged at 4 per cent

RBI retained its growth projection at 9.2 per cent and inflation at 5.3 per cent for the current financial year

10 Feb 2022 10:53 AM IST

In this file photo taken on November 27, 2019 an Amazon sign is pictured at the Amazon Fulfilment Centre in Peterborough, east England. (Photo: AFP)

FRL-Reliance merger: Supreme Court notice to Future group on plea of...

A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group...

9 Feb 2022 12:02 PM IST