News Around the Globe
Suspense over the multi-billion dollar Rafale fighter plane deal continued today as French Ambassador here Francois Richier said a “complex negotiation” is going on, just two days ahead of the …
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Engineering and construction major Larsen & Toubro (L&T) is in talks with the Ahmedabad-based Adani group to sell its power plant in Punjab at an estimated value of around Rs …
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Lenders are close to finalising a new owner for Kolkata-based Electrosteel Steels, the first company where the strategic debt restructuring mechanism was applied last year, after the Reserve Bank of …
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China’s economy is on track and the country has entered a phase of steady rather than speedy growth, China Vice-President Li Yuanchao said. Li reassured participants at the World Economic …
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ONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has entered into an agreement with Republic of Equatorial Guinea for cooperation in upstream hydrocarbon …
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Barclays PLC Thursday said it would refocus its investment bank in the U.K. and the U.S., cutting around 1,000 jobs, mainly across Asia. The U.K.-based lender is closing its cash …
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Barely a week after hyperlocal grocery delivery app Grofers had shut operations in nine cities, Gurgaon-based restaurant discovery and food ordering app Zomato said on Monday it was closing down …
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Popular gay dating application Grindr has said that it has hooked up with Chinese online game titan Beijing Kunlun Tech. Grindr said in a blog post that it has taken …
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The Indian Bullion and Jewellers Association (Ibja) says it plans a big boost to the gold monetisation scheme announced by the prime minister before Diwali. The scheme is yet to …
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Microsoft is interested in working with Indian entrepreneurs to connect rural areas with technology and new economy, chief executive officer Satya Nadella said on Monday. Nadella, who was on a …
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Tata Sons formed a long-term partnership with the world’s largest lender Industrial & Commercial Bank of China (ICBC) on Wednesday and declared it would be a strategic banking partner. As …
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Tata International, the global trading and distribution arm of diversified Tata Group, will expand its footprint in Africa by entering Angola and Ethiopia, taking its presence to 14 nations in …
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Integrated information and communication technology (ICT) solutions and services company, Sify Technologies, on Saturday announced the setting up of its largest global delivery centre in India at Hyderabad. It may …
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Short-covering, coupled with positive global cues and renewed interest of foreign investors, buoyed the Indian equity markets for the third consecutive week. Both the bellwether indices of the Indian equity …
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Pulling his grandfather’s ventures out of corporate wilderness, Ashwin C Muthiah, the third-generation top executive in the MA Chidambaram family business, is considering newer ventures like green energy and medical …
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TCS, Wipro and HCL Technologies would see higher growth for information technology infrastructure management services (IMS) as companies globally moved to the cloud and away from legacy infotech infrastructure, a …
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Fujifilm India, on Tuesday, announced its strategic partnership with e-commerce portal Flipkart for exclusive retailing of its newly launched Instax mini range products and smartphone printer. The product range includes …
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IndiGo, India’s largest airline by market share, has said deliveries of Airbus A320neo aircraft will be delayed. It has ordered 430 such planes and was expecting the first to be …
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Taxi aggregators, such as Ola and Uber, could soon be regulated by a set of new rules that Karnataka is formulating – a move likely to help people but hurt …
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Apple and China’s state-owned credit card processor announced plans today to launch the smartphone-based Apple Pay electronic payment system in China. Apple and China UnionPay said they plan to roll …
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