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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 to close domestic marketplace business in China: sources

Amazon shoppers in China will no longer be able to buy goods from third-party merchants in the country.

18 April 2019 8:35 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways lenders 'reasonably hopeful' of successful bids for...

Jet Airways halted all flight operations indefinitely after lenders led by SBI declined to extend more funds.

18 April 2019 8:29 AM IST

As many as 110 deals were inked in last quarter against 118 deals in the year ago quarter, as per the update from Grant Thornton.

Elections, global factors hit M&A activity in Q4

In March quarter, merger and acquisition deals valued $12.66 billion were closed against $18.66 billion in the same...

18 April 2019 6:01 AM IST

To catalyse the pace of its auto loan growth, the Bank on Wednesday announced the launch of two facilities to provide its customers with final sanction letters for car and two-wheeler loans instantaneously, in a fully digital manner.

ICICI sees growth in auto loans despite a fall in vehicle sales

As on December 31, 2018, the bank had an outstanding auto loan book of Rs 53,000 crore.

18 April 2019 5:57 AM IST

However in March, the price of HULs Bru Gold jar 100 gm has gone up by 8 per cent from Rs 245 to Rs 265, as per the data from Kotak Institutional Equities. Bru Instant jar 100 gm is up 6 per cent from Rs 165 in February to Rs 175 in March.

Customers fail to get benefit of lower global coffee prices

Meanwhile, caf© chains too have opted to stay put with the prices.

18 April 2019 5:54 AM IST

The value-eroding negative bond yield environment as well as the spate of political worries has underpinned the flight to gold in the recent past.

European ETFs hint at rise in gold prices

Loose monetary policy and negative bond yields have been indicating that the global and European economy is slowing.

18 April 2019 5:51 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Another airline crashlands

After 26 years of operations, Jet Airways suspends its operations.

18 April 2019 5:08 AM IST

Reliance Industries chairman Mukesh Ambani.

Aramco lines up big plans for India

The refinery will be among the world's largest refining and petrochemicals projects will be able to process up to 1.2...

18 April 2019 5:04 AM IST

Financial fraud has grown substantially since last year, with the share of victims doubling to 37% of respondents, and all age segments falling victim to fraudsters.

Asian banks anticipate more frauds

Age group of 27 to 37 has been most impacted by financial fraud than other age groups.

18 April 2019 5:02 AM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

'No joy of flying', as Jet Airways grounds operations temporarily

The airline said the decision follows the lenders refusing to offer a Rs 400-crore lifeline.

17 April 2019 7:43 PM IST

Mindtree offers Smart Alert Management and Smart Reconciliation Management.

Mindtree's special dividend could strip firm of Rs 320 cr ahead of L&T...

Asked if Mindtree anticipated any objection from L&T on its latest move, Ravanan said: 'I have absolutely no idea.'

17 April 2019 7:26 PM IST

Few large retail outlets have already started advertising the downward revised prices of FMCG items.

FMCG growth to slow down at 11-12 per cent in 2019: Report

The industry is expected to grow at 12-13 pc during the April to June quarter of calendar year 2019, according to...

17 April 2019 7:10 PM IST