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Flipkart to invest $203 million in Aditya Birla Fashion for 7.8% stake

Aditya Birla Fashion and Retail Ltd  (ABFRL) on Friday said its board has approved plans to raise Rs 1.5 billion ($203.5 million) by issuing...
Business

Maharashtra invites Tesla after Musk hints India entry

India's richest state Maharashtra has invited US electric-car maker Tesla, weeks after its Chief Executive Officer Elon Musk suggested entering the country next year. In...
Business

Despite coronavirus, Indian traders stock up in hopes of festive cheer

Indian businesses are stocking up more ahead of this year's big festival season than at any time in the last five years, expecting people...
Business

India’s garment workers cover bosses’ lockdown losses

From unpaid overtime to wage cuts, Indian garment workers say they are being made to compensate their bosses for the food, shelter and salary...
International Business

Google’s ‘free’ business model put to test in US antitrust suit

Google's long-running business model based on free services and advertising will be put to the test in the landmark antitrust lawsuit filed this week...
Business

Creditors back plan to get Jet Airways flying again

Creditors on Saturday backed a surprise plan by a consortium to revive Jet Airways 18 months after India's biggest private airline went bankrupt with...
International Business

Fashion and leather lift LVMH amid Covid woe

French luxury goods giant LVMH said Thursday that a sales rebound in fashion and leather goods had lifted third quarter sales to limit fallout...
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