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$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon invests Rs 450 cr in India payments unit

Amazon Corporate Holdings has pumped in Rs 449.95 crore, while the remaining came from Amazon.com.incs Ltd.

23 Jun 2019 12:43 PM IST

Traditional distribution account for close to 90 per cent of Usha Internationals revenue but now the company has drawn a strategy to increase organised retails share rapidly.

Usha International toying with franchisee model

Now organised retail account for Rs 300 crore sales out of Rs 3,000 crore topline of the company.

23 Jun 2019 11:01 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Steel ministry seeks higher duties to deter Chinese imports: report

The steel ministry said government revenues could increase by 13.66 billion rupees if the import duties were...

22 Jun 2019 2:56 PM IST

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

India raises concerns over rising oil prices with Saudi Arabia

Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East

22 Jun 2019 1:39 PM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Govt's total liabilities rise to Rs 84.68 lakh crore at end-March 2019

Public debt accounted for 89.5 per cent of the total outstanding liabilities at end-March 2019.

22 Jun 2019 12:27 PM IST

The Federation of Auto-mobile Dealers Association or FADA, the apex body of the lobby, said the inventory levels have come down, but are still high by its estimate.

Auto industry united in seeking GST rate cut on vehicles: SIAM

Commercial vehicle as well as two and three-wheeler manufacturers are united in seeking lower GST on vehicles.

22 Jun 2019 11:56 AM IST

McDonalds is an American fast food chain. (Photo: PTI)

CPRL reopens more McDonald's outlets in Delhi-NCR

CPRL on May 20 had announced the reopening of 13 restaurants in Delhi NCR.

22 Jun 2019 11:23 AM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.

Oyo Townhouse to have 400 properties by year end

Going ahead, the company wants to have 400 properties under the brand.

22 Jun 2019 7:34 AM IST

It calculated around $1.7 trillion needs to be refinanced or paid back before the end of 2018 across developing economies.

Srei receives $30 million credit approval

The loan will be fully dedicated to re-financing of green activities of Srei Equipment, primarily through the financing.

22 Jun 2019 7:21 AM IST

Cooking oils contain saturated, monounsaturated and polyunsaturated fats.

NatureFresh starts new campaign

Interestingly, India is the heart issue capital of the world with over 60 per cent of the world's heart patients found...

22 Jun 2019 7:12 AM IST

To continue the uptrend, the market has to close above the recently made lifetime high which is 12,040 level.

Charts signal bounce possibility

The market sentiments were affected on the back of a rise in oil prices due to fresh tension in the Middle East.

22 Jun 2019 7:06 AM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

RCEP will be negative for market: Traders

The free trade agreement would enable the RCEP countries to flood their goods in the Indian market.

22 Jun 2019 7:00 AM IST