Reliance Industries (RIL) will obtain 79% stake in SenseHawk, a California-based software developer for the solar energy sector, for $32 million. The deal is part of RIL’s broader play in renewable energy, an area in which it last year announced...
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20th Mar 2023 | Updated at 09:13pm 20th Mar 2023
Google adjusts India app store policy after CCI command
After failing to receive any quick remedy from the courts against the CCI order, which ruled that it had abused its dominant position and engaged in anti-competitive conduct in India, Google has begun to make modifications to its policies regarding...
India’s electric vehicle market glides into gear
India’s electric vehicle sector is gearing up from a standing start.
Bengaluru-headquartered Bharat Electronics Limited (BEL) announced that it signed an MoU with Smiths Detection, a London-based threat detection and security inspection technology company, for offering advanced, high-energy scanning systems to...
SpiceJet, which is facing net loss to £78.9 million in the June quarter as high fuel prices and rupee depreciation adversely impacted the budget carrier. Amid the financial turmoil, the airline plans to raise $200 million and expects to complete...
The £5.12 billion net buying of Indian stocks by foreign funds in August, a 20-month high figure, has convincingly reversed a nine month continuous selling by these institutions. But flow-related volatility could continue for a while, brokers...
India's Goods and services tax (GST) collection remained above £14 billion for the fifth month in a row, increasing 28 per cent year-on-year (YoY) to nearly £14.9 billion in July. This was the second-highest mop-up since the rollout of the regime.
Gautam Adani's wealth has galloped over 13 times, over two and a half years. In January 2020, his net worth was about $10 billion. Recently, the Indian...
India’s Gross Domestic Product (GDP) grew 13.5% in the first quarter of FY22-23 compared to a year ago period helped by the base effect, thereby registering...
Apple has planned to begin manufacturing its latest model iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated
Bharti Airtel promoter Bharti Telecom will buy a 3.3% Airtel stake from Singtel (Singapore Telecommunications) for about £12.89 million in 90 days, according to a statement by the telecom company
Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said
