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Reliance Retail gets Rs 7,500 crore investment from Silver Lake

The investment values Reliance Retail at Rs 4.21 lakh crore

09 Sep 2020 10:18 AM

No remuneration for Vodafone Idea CEO during 3-year tenure

VIL appointed Takkar as its MD and CEO following the resignation of Balesh Sharma from the post

09 Sep 2020 9:16 AM

Reliance reveals detailed plan to spin off oil to chemical business

RIL has started work on hiving off O2C business into a separate unit for a possible stake sale to companies such as Saudi Aramco

08 Sep 2020 5:00 PM

Vodafone Idea rebrand as 'Vi' in fight for telecom market share

Vodafone Idea lost 4.7 million customers in May alone, while market leader Reliance Jio added 3.7 million

08 Sep 2020 9:00 AM

Samsung signs $6.6 billion deal with Verizon to supply 5G network solutions

Samsung’s global prospects for its network business have improved following US sanctions on its bigger rival Huawei, analysts said

07 Sep 2020 9:04 AM

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90% of Sinovac employees took COVID vaccine: CEO

The program is intended for specific groups, including medical staffers, those who work at food markets, transportation and service sectors

06 Sep 2020 3:36 PM

Amul forays into edible oil segment, to invest Rs 1,500 crore to set up processing plants

ice cream sales declined by 30-40 per cent due to closure of hotels, restaurants and canteens because of lockdown

06 Sep 2020 3:06 PM

HGS Q1 profit at Rs 49.2 crore, expects strong growth despite COVID challenges

HGS' revenue from operations grew 1.5% to Rs 1,235.8 crore in the quarter under review as against Rs 1,218 crore in the year-ago period

06 Sep 2020 1:42 PM

COVID-19 vaccine to be priced below 10 euros: Sanofi

If the results are conclusive, Sanofi and GSK hope to get the vaccine approved in the first half of next year

06 Sep 2020 9:08 AM

Reliance Retail in talks with Silver Lake for $1 billion stake sale

The investment, which would value Reliance Retail at about $57 billion, comes as company aims to sell about 10% in new shares, report added

04 Sep 2020 3:26 PM

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United Airlines to cut 16,370 jobs as COVID hammers demand

US passenger airlines are still collectively losing more than $5 billion a month as 30% of planes remain parked

03 Sep 2020 9:15 AM

Vistara announces leave without pay for three days for pilots in September

The three-days leave without pay measure for pilots is in addition to a cut in monthly base flying allowance

02 Sep 2020 9:46 AM

Unilever pledges to eliminate fossil fuels in cleaning products by 2030

Chemicals used in its cleaning and laundry products make up 46% of company's Home Care division's carbon emissions across their life cycle

02 Sep 2020 9:15 AM

Samsung heir's troubles multiply, charged with fraud in taking over reins of company

Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences, prosecutors said.

01 Sep 2020 4:34 PM

SC orders telcos to clear AGR dues in 10 years, 10% to be paid by March 31

Failure to pay the instalments of the dues would incur penalty, interest and contempt of court, the bench cautioned the telecom firms

01 Sep 2020 1:47 PM

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6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank top gainers

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer

30 Aug 2020 3:32 PM

Coca-Cola to cut 4,000 jobs after coronavirus hits Q2 profits

In Coca-Cola's second quarter, the company saw sales drop 28 per cent to 7.2 billion dollars

30 Aug 2020 9:58 AM

Reliance to acquire Future Group's retail business for Rs 24,713 crore

Reliance’s retail operation runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 towns and cities

30 Aug 2020 9:01 AM

Delhi High Court stays insolvency resolution proceedings against Anil Ambani

Ambani in his plea has challenged the constitutionality of the IBBI Regulations, 2019.

27 Aug 2020 5:02 PM

Uber launches 24x7 auto rentals service in six cities

Uber launched a comprehensive set of safety measures, such as the Go Online Checklist, a mandatory mask policy for both riders and drivers

27 Aug 2020 1:22 PM

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