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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

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

US tech giants like Google, Apple, Facebook, Amazon and Netflix are being singled out, says the US Trade Representative office.

Trump administration says won't let India, others tax US tech firms...

The US Trade Representative office has announced investigations into nations, including India, with digital services...

3 Jun 2020 10:40 PM IST

Facebook is hoping to grab a large slice of Indonesias digital sector which was estimated at $40 billion in 2019 and could triple by 2025.

Pushing for WhatsApp digital payments, Facebook picks up stake in...

We can help bring millions of small businesses and their customers into the largest digital economy in Southeast Asia,...

3 Jun 2020 9:21 PM IST

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.

Facebook works Jaadhu on Jio for Rs 43,574 crore

Facebook incorporates new company to acquire 9.9 per cent stake in Jio.

3 Jun 2020 7:16 PM IST

Amazon India expands packaging-free shipping to over 100 cities. (AFP Photo)

Amazon India expands packaging-free shipping to over 100 cities

More than 40% of Amazon customer orders shipped from Amazon India's Fulfilment centers are now packaging-free

3 Jun 2020 4:05 PM IST

Indias drug regulator grants Gilead Sciences marketing authorisation for remdesivir. (AFP Photo)

India's drug regulator grants Gilead Sciences marketing authorisation...

The approval process for remdesivir was accelerated in view of emergency situation and unmet need for medicines in light...

3 Jun 2020 11:57 AM IST

Govt rejects Flipkarts proposal for entering food retail sector. (PTI Photo)

Government rejects Flipkart's plan to enter food retail sector

The company spokesperson said that Flipkart intends to re-apply for the permit

1 Jun 2020 3:59 PM IST

British Finance Minister Rishi Sunak (Photo- AP)

Infosys among UK firms accessing Rishi Sunak's Covid19 job saving...

Infosys has furloughed 3 percent of its UK workforce

1 Jun 2020 9:28 AM IST

In this photograph taken on May 24, 2020, ambulance staff from HelpNow put on protective gear before starting a transport journey in Mumbai. As coronavirus hotspot Mumbai grapples with crippling healthcare shortages, an ambulance service founded by three students is trying to fill the gap in Indias worst-hit city. But many patients are too poor to pay for the life-saving trip. (Photo | AFP)

Ambulance startup run by three youngsters helps overcrowded Mumbai's...

Helpnow received 4,000 calls last week but can afford to do only 10 trips free, and is seeking donations to fund more...

31 May 2020 5:02 PM IST

HDFC Banks valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore. (PTI Photo)

Seven of top-10 Indian companies add Rs 1.76 lakh cr in m-cap; HDFC...

RIL, HUL, HDFC, ITC, Kotak Mahindra Bank and ICICI Bank were the other winners in the top-10 list

31 May 2020 11:30 AM IST

Chinas May factory activity expands. (AFP Photo)

China's factory activity expands, but weak orders signal bumpy...

Export orders are still contracting at the fastest pace in years, with a sub-index standing at 35.3 in May, well below...

31 May 2020 9:00 AM IST