Business
RIL AGM 2020: No Better Partner for Indian Startups Than Jio, Says Mukesh Ambani
The RIL Managing Director said since Jio started only four years, it is still a startup. 'Whether it be in technology development... product development... distribution... market access... or even scale-up capital, we are ready to integrate them into our...
JioMart Successfully Piloted, Will Expand Beyond Groceries to Pharma and Electronics
Jio is also accelerating the roll-out of of JioMart, which has now been piloted in over 200 cities, said RIL chairman Mukesh Ambani.
Rupee Surges 14 Paise to 75.28 against US Dollar in Early Trade amid Gains in Domestic Equity Market
Forex traders said, investor sentiment strengthened after the human clinical trials for COVID-19 vaccine were initiated in India.
Six of Top-10 Companies Add Over Rs 1 Lakh Crore in M-cap; Reliance Industries Shines
The valuation of Reliance Industries Limited (RIL) zoomed Rs 57,688.58 crore to reach Rs 11,90,857.13 crore.
Billionaire Elon Musk's Net Worth Zooms Past Warren Buffett's: Report
Buffett's net worth dropped earlier this week when he donated $2.9 billion in Berkshire Hathaway stock to charity, the report added.
Zomato Revenue Jumps Over Two-fold to Rs 2,960 Crore in FY20
Zomato expects to make complete recovery over the next 3-6 months while continuing to maintain tight control on costs and profitability, the report added.
Rupee Rises 11 Paise to 74.91 Against Dollar in Early Trade Amid Gains in Domestic Equity Market
Forex traders said positive domestic equities and weak US currency supported the local unit, while foreign fund outflows and concerns over rising COVID-19 cases weighed on investor sentiment.
FinMin Asks States to Ensure Safety of Bankers and Stern Action Against Unruly
The Department of Financial Services in a letter to chief secretary of states said that incidences of unruly behaviour of anti-social elements against the bankers needs to be responded with stern action taken against such elements, sources said.
Warren Buffett Donates $2.9 Billion to Gates Foundation, Family Charities
In a statement on Wednesday, Berkshire said Buffett's 15th annual donation comprised 15.97 million Class B shares of Berkshire.
Shriram Transport Finance Okays Rights Issue to Promoters for Rs 1,500 Crore
The rights entitlement ratio is of three rights equity shares for every 26 equity shares held by eligible shareholders, STFC said further.
Reliance Industries Ltd Market Valuation Crosses Rs 11.5 Lakh Crore-mark Due to Rise in Share Price
Shares of Reliance Industries on Friday rose by nearly 2 per cent after announcement that Intel Capital will buy 0.39 per cent stake in Jio Platforms.
I-T Dept Amends Tax Challan to Include Non-resident E-commerce Suppliers for Equalisation Levy
The income tax department has modifies challan ITNS 285 (relating to the payment of equalisation levy) to enable payment of the first installment by non-resid.
Coal Workers' Strike Enters 3rd Day; 5 Trade Unions to Decide Next Course of Action
Five trade unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), of Coal India (CIL) have been on strike since Thursday to protest against the government's decision to start commercial coal mining.
Opponents of 5G Networks Set Fire to Cyprus' Mobile Antennas
A statement issued by state-owned Cyprus Telecommunications Authority said that authorities are greatly troubled over the overnight arson attacks against .
India's Forex Reserves up by $1.27 Billion to $506.84 Billion: RBI Data
The reserves had crossed the half-a-trillion dollar mark for the first time in the week ended June 5 after it had surged by a massive $8.22 billion and reached $501.70 billion.
Sensex Surges Over 200 Points in Early Trade, Nifty Tops 10,600
Bajaj Auto was the top gainer in the Sensex pack, advancing around 2 per cent, followed by Asian Paints, Bharti Airtel, HUL, Reliance Industries, HUL and Kota.