Business

Business

Founder of India’s beleaguered Jet Airways quits

Jet Airways Founder and Chairman Naresh Goyal and his wife Anita Goyal will resign from the board of the crisis-hit airline, according to a...

Vodafone to push ahead with Indian tax arbitration case

BRITAIN'S Vodafone said on Thursday (July 10) it intended to push ahead with international arbitration in its long-running Indian tax dispute, after the government...

Walmart refuses to meet India’s local sourcing rules

WALMART has told India that it is unable to meet local sourcing requirements for foreign supermarket groups wanting to open stores in the country,...

India firms seen ‘severely’ hit by rupee slide

INDIAN companies will be “severely” hit by the rupee’s plunge to record lows due to their hefty foreign debts, the country’s top credit ratings...

Top court cancels bail to Satyam’s Ramalinga Raju

INDIA’S Supreme Court yesterday cancelled bail granted to the founder of IT outsourcing firm Satyam, who is accused of staging the country’s biggest corporate...

Top India economic advisor cuts growth forecast to 5.3 per cent

INDIA’S top economic advisor cut on Friday (September 13) his growth forecast for this year to 5.3 per cent, just above last year’s decade-low...

SoftBank unveils investment fund to drive ‘AI revolution’

Japan's SoftBank Group said Friday it would partner with tech firms including Apple and Microsoft in a new $108-billion investment fund to accelerate the...

UK plans a 100-member delegation for Vibrant Gujarat-2017

Having a long time association with the Vibrant Gujarat, and to continue with it this year too, UK has decided to become a partner...

Ambani brothers sign $2.1bn telecoms deal

INDIA’S billionaire Ambani brothers announced on Friday a $2.1bn (£1.34bn) agreement to share telecom tower infrastructure, cementing a reconciliation in the once-warring family.   Reliance Jio...

Wipro demerges all its non-IT businesses

INDIAN outsourcing giant Wipro on Thursday (November 1) announced that all its non-technology operations would be separated into a new firm, allowing it to...
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