Business

Business

India’s market regulator imposes fine on Mukesh Ambani, Reliance

INDIA’s market regulator has imposed fine on Reliance Industries and its chairman Mukesh Ambani, the country’s richest man. The Securities and Exchange Board of India...

India court leaves fate of Future’s $3.4 bln deal opposed by Amazon to regulators

An Indian court on Monday left it to regulators to decide the fate of the $3.38 billion sale of Future Group’s retail assets to...

Insurers, drugmakers sail into unknown with COVID vaccine rollout

Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and...

Hundreds shrug off pandemic for Ikea’s new India store

Hundreds of masked shoppers defied pandemic fears to visit Ikea’s second Indian store, which opened on Friday, as the Swedish giant tries to lure...

India’s rich get richer, Mukesh Ambani retains top slot:Forbes

Reliance Industries chief Mukesh Ambani on Thursday emerged as India's wealthiest for the 10th straight year as his net worth swelled to USD 38...

Vibrant Foods acquires Cofresh Snack Foods

VIBRANT FOODS, an ethnic foods platform launched by Exponent Private Equity in June, has acquired Cofresh Snack Foods for an undisclosed amount. The deal is...

RBI Twitter handle joins million followers club, first central bank in world to reach...

With one million Twitter followers, the Reserve Bank of India has become the first central bank in the world to reach this milestone. The Reserve...

Ikea announces second India store to open in Mumbai

Ikea said on Friday (4) it will open its second Indian store on December 18, seeking to woo the nation’s growing middle class with...

Retailer Boohoo probes Pakistan suppliers over ‘underpaid’ staff

British online fashion group Boohoo on Wednesday (23) said it was investigating a Guardian newspaper report that its suppliers were underpaying workers in Pakistan, after facing...

Privatisation of India’s loss-making national carrier likely to be delayed

THE privatisation of India’s national carrier Air India will be delayed further as the divestment process is unlikely to conclude in 2020-21, an official...