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India-China border spat hits global cashmere production

The world is heading for a shortage of the highly prized and super-soft cashmere wool as pashmina goats that live on the "roof of...

Indian travel firm Yatra scraps merger deal with US-based Ebix

India's Yatra Online said on Friday it was terminating a pending merger agreement with US software firm Ebix, and had filed a litigation seeking...

Victoria’s Secret UK arm goes into administration

More than 800 jobs are at risk after the UK arm of lingerie retailer Victoria's Secret fell into administration on Friday, according to the...

Atlas Cycles pedals away as operations shut at last manufacturing unit

Atlas Cycles - a name that became a synonym for bicycles in India - has shut its last manufacturing unit in Sahibabad, just outside...

Reliance strikes sixth deal for Jio; Abu Dhabi’s Mubadala to invest $1.2 billion

Reliance Industries on Friday announced the sale of 1.85 per cent stake in its digital unit to Abu Dhabi-based sovereign investor Mubadala for Rs...

Amazon in talks to buy $2 billion stake in Bharti Airtel: report

Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of...

Reliance completes massive $7 billion rights issue

India's telecom-to-oil giant Reliance Industries Wednesday completed a massive $7 billion rights issue in what it touted as the world's biggest by a non-financial...
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