Business

Business

Crisis-hit tourism industry pins hope on festive season

The tourism sector, crippled by the COVID-19 pandemic, hopes to see some businesses in the upcoming Durga puja and Diwali seasons with queries from...

Reliance Jio announces free voice calls, cheaper data tariffs

Storming his way into the telecom industry, Reliance Industries Chairman Mukesh Ambani on Thursday (Sept 1) announced free voice calling, zero roaming charges and cheaper data tariffs for Jio customers. Ambani...

Change of guard at India’s Tata Group

THE HEAD of India’s Tata Group, Ratan Tata, quietly handed over the reins of the business empire on his 75th birthday Friday (December 28)...

Rich Chinese outnumber wealthy Americans for first time

The number of rich Chinese has surpassed the count of wealthy Americans for the first time as both countries keep churning out millionaires, a...

Global economy on track for sharpest downturn since Great Depression: IMF

The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn...

Vipul Chawla Promoted to President of Pizza Hut International

today announced the promotion of Vipul Chawla, 50, to President of Pizza Hut International, reporting to Yum! Brands Chief Executive Officer Greg Creed, effective...

Facebook needs ‘a few years’ to fix problems: Zuckerberg

Facebook will likely need "a few years" to fix the problems uncovered by the revelations on the hijacking of private user data, chief executive...

Flipkart buys out Walmart’s India wholesale stores

Walmart-owned e-commerce giant Flipkart purchased its parent firm's Indian cash-and-carry stores on Thursday ahead of launching its own digital wholesale business, the latest salvo...

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...

Amazon to invest $1 billion in digitising Indian small businesses

Amazon chief Jeff Bezos on Wednesday said the e-commerce major will invest $1 billion in digitising small and medium businesses in India. The company will...