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Alibaba currently has 25,000 engineers on staff, it says, and says the new research infrastructure will help them meet a goal of two billion customers within two decades.

Business

Alibaba poised to launch record-breaking USD 13.4 bin Hong Kong share...

The deal would be the world's biggest cross-border secondary listing - will be seen as a boost for Hong Kong.

13 Nov 2019 4:43 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Business

Sensex tumbles 229 points as weak macro data, rupee woes weigh

The 30-share Sensex ended 229.02 points, or 0.57 per cent, lower at 40,116.06.

13 Nov 2019 4:23 PM IST

Currency experts have a bullish outlook for the rupee this week.

Business

Rupee slips below 72-mark against US dollar

The Indian currency was trading 57 paise lower at 72.04 against the US dollar at 1548 hours.

13 Nov 2019 4:02 PM IST

Nirmala Sitharaman said the governments efforts last time were thwarted by the poor numbers in the Upper House. (Photo: File)

Business

Budget 2020: FinMin seeks suggestions for rationalising income tax,...

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during 2019-20.

13 Nov 2019 3:09 PM IST

The Supreme Court, on November 6, directed completion of corporate insolvency resolution process within 90 days for Jaypee Infratech.

Business

NBCC, Suraksha Realty asked to submit fresh bids to acquire Jaypee...

Lenders of Jaypee Infratech will meet on November 18 to discuss the bids of NBCC and Suraksha Realty.

13 Nov 2019 2:29 PM IST

Shares of Hindustan Unilever (HUL) settled at Rs 1,692.80 apiece on the BSE, down 2.04 per cent from previous close.

Business

Unilever's Marijn Dekkers to step down as chairman

Unilever named non-executive director Nils Andersen as its new chairman.

13 Nov 2019 1:52 PM IST

NABARD chairman Harsh Kumar Bhanwala said that cooperative and regional rural banks have also been asked to submitted information about deposits on every 15 days. (Photo: ANI)

Business

NABARD seeks credit disbursal from banks on monthly basis

Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.

13 Nov 2019 12:59 PM IST

$Britannia Industries Managing Director Varun Berry told \Once the decision is taken then we would have to get the capex going ... the earliest launch which we are looking at would be in next 9 to 10 months.\ (Photo:\ Representational Image)$ Business