Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market in the coming weeks. Pricing for Chinese fintech giant Ant Group’s giant dual-listing was determined on […]
Pandemic to delay EV penetration in India says Ind-Ra
Low affordability and the government’s priorities on reviving the otherwise suffering auto industry could shift the focus away from EVs in the interim COVID-19 pandemic would delay the penetration of electric vehicles (EVs) in the […]
Government appoints Dinesh Kumar Khara as SBI chairman
The new SBI chairman will have a tough task ahead as the banking sector is going through a major crisis due to the COVID-19 pandemic. The government on Tuesday appointed SBI’s senior-most Managing Director Dinesh […]
Paytm to open ‘mini app’ store for Indian developers
‘More than 300 service providers have joined programme’ Dialling things up a notch in the fight against Google, Paytm has announced the launch of its “mini app” store to “support Indian developers” in taking their […]
Amazon India launches specialised Fulfilment Centre in Ponneri
Amazon India has opened a specialised Fulfilment Centre (FC) in Ponneri Taluk, Kancheepuram, along with the expansion of an existing FC at Tiruvallur district. The new FC will offer close to 7 lakh cubic feet […]
ITC Hotels opens laundry service to public, to also home-deliver food
Our premium in-house Lavanderia is now available for all your fabric care needs, it says Desperate times call for desperate measures: ITC Hotels, one of India’s leading chains in the luxury segment of the hospitality […]
Shapoorji Pallonji Group says ‘time to separate from Tata’
SP Group and Tatas have been engaged in a bitter legal battle ever since Cyrus Mistry was sacked as Chairman of Tata Sons in October 2016. Shapoorji Pallonji (SP) Group, the largest minority shareholder with […]
Retail inflation to come down with easing of lockdowns: CEA
“Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation […]
California utility using 'smarter, shorter' tactic for blackouts to prevent wildfires
Who’s to blame for California energy blackouts? According to some, California’s rolling black outs are indicative of an energy crisis. FOX Business’ Jackie DeAngelis with more. Tens of thousands of customers remained without power Wednesday […]
Crude oil prices mixed Tuesday as traders consider effects of twin tropical storms on Gulf of Mexico and coronavirus
Wall Street is back in the oil market: Stephen Schork The Schork Group principal Stephen Schork discusses the price of oil and what it means for the economy. SINGAPORE - Crude oil prices were mixed on […]