India directs ED, RBI to act against Amazon, Flipkart for violation of FDI, FEMA

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New Delhi-- In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and...

All domestic calls from Jio to be free from Jan. 1

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New Delhi--Reliance Jio Infocomm has announced that it will make all domestic calls free starting January 1, as interconnect usage charges (IUC) for all...

Markets end 2020 on a high, as investors repose faith in India’s growth

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Mumbai--India's equity markets rose like a phoenix to end the volatility-filled 2020 on a high, as new retail investors and foreign funds reposed their...

Interest, Inflation and Interventions weakened Indian rupee in 2020, closes at 73.07 against US...

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Mumbai-- India's interest rates, high inflation and Reserve Bank's market interventions weakened the rupee despite a massive inflow of direct and market-linked foreign investments during...

Office leasing in top 6 Indian cities plunges to 27.4 mn sq ft in...

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New Delhi--Office space absorption across six major cities in India fell over 50 per cent to 27.4 million square feet in 2020, according to...

Third-party sales up 50% globally on Amazon during holiday season

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New York--As online shopping boomed this year amid Covid-19, Amazon has said that this holiday season has been the best ever for independent businesses...

New record highs: Markets continue to rise, banking stocks shine

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Mumbai--The improving economic scenario, along with healthy buying in private banking sector stocks, pushed India's key equity indices to breach new record intra-day and...

Air India to commence new services to United States from January

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New Delhi-- National carrier Air India is all set to expand its services to the United States from January 2021. Accordingly, the airline will commence first-ever...

Indian startups bagged $9.3bn investments in 2020: Report

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New Delhi-- Despite the Covid-19 challenges, Indian startups received investments to the tune of $9.3 billion in 2020, according to data from consultancy firm...

Wipro to takeover IT operations of German firm in a $700 million deal

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Bengaluru-- Global software major Wipro on Tuesday announced that its is taking over the IT operations of German food services firm Metro AG in a...
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