Business

Business

China’s riding to the rescue of luxury brands

When Tiffany & Co said this month it was sending its priciest jewellery to mainland China to reach wealthy shoppers no longer jet-setting abroad,...

Reliance Industries first Indian firm to hit Rs 10 lakh cr m-cap mark

Reliance Industries on Thursday became the first Indian company to hit the Rs 10 lakh crore market valuation mark following a spike in its...

Indians’ interest in China-made products declines in this festive season: survey

Indian consumers' interest in 'Made in China' products has declined during the current festive season as just 29 per cent of people surveyed bought...

Due diligence for Netherlands business sale to complete in next 2 mths: Tata Steel...

The due diligence process for the sale of Tata Steel's Netherlands operations will complete in the next two months, its Executive Director and CFO...

Income tax dept cancels registration of six Tata Trusts

The income tax department has cancelled the registration of six Tata Trusts, including Jamsetji Tata Trust, R.D. Tata Trust and Tata Education Trust, following...

Modi govt unhappy with Vodafone over investment remarks, CEO writes to PM

The Narendra Modi government on Wednesday expressed displeasure over business uncertainty remarks made by Vodafone Group in India, citing the Supreme Court judgement that...

China’s Jingye Group agrees outline deal to rescue British Steel

China's Jingye Group said on Monday it has reached a provisional deal to buy British Steel and promised to invest 1.2 billion pounds ($1.5...

Ghosn flees to Lebanon, says he escaped ‘injustice’ in Japan

Ousted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a "rigged" justice system in Japan, raising questions about how one...

State-run banks reported frauds of over Rs 95,700 crore this fiscal year

Government owned banks reported frauds of over Rs 95,700 crore in the first six months of the current fiscal, the Parliament was informed on...