Business

Business

Russia reaches out to OPEC as Riyadh escalates price war

Russia said Tuesday it was open to renewing cooperation with the OPEC oil cartel even as kingpin Saudi Arabia escalated a price war with...

India’s Maruti Suzuki resumes operations at plant

INDIA`S largest car maker Maruti Suzuki said it had partially resumed operations at one of its plants on Tuesday (August 29) after locking workers...

Indian inflation at 13-month peak

INDIA’S inflation quickened to a 13-month peak of nearly 10 per cent in August, according to the official data. The central bank is under...

iPhone maker Foxconn in talks to build first Apple plant in India

FOXCONN Technology is in talks to manufacture Apple's iPhone in India, government officials said, in a move that could lower prices in the world's...

Tata says ‘plans Nano hybrid cars’

TATA Group is planning to produce hybrid versions of its Nano, billed as the world’s cheapest car, to join in the environment-friendly trend, its...

Reliance debt free after Facebook, Saudi deals, Ambani says

Indian tycoon Mukesh Ambani said Friday that his Reliance conglomerate is net debt free after raising more than $22 billion in a rights issue...

Apple launches iphone7 and 7 plus

Global technology giant Apple on Wednesday (Sept 7) launched the highly-anticipated iPhone 7 and iPhone 7 plus beginning at $649 with advanced technologies like...

India to offload 10 per cent oil refinery shares

INDIA said on Wednesday (January 30) it planned to sell a 10 per cent stake in state-run refinery Oil India this week for at...

Reliance sells diesel to Indian Railways, first time in a decade

RELIANCE Industries Ltd, controlled by India's richest man, has started selling diesel to the state railways for the first time since 2005/06 after pricing...

Bank Fraud Touched Unprecedented Rs 715 billion in 2018-19: RBI

Over 6,800 cases of bank fraud involving an unprecedented Rs 715 billion have been reported in 2018-19, the Reserve Bank of India has said....