Jet Airways, an Indian airline company which has grounded for more than a month has announced that "One of its non-executive and non-independent director Nasim Zaidi has resigned from the board."In a filing at the exchange on Monday, Jet…

Saudi Arabia and the United Arab Emirates said they had agreed to send Sudan $3 billion worth of aid, throwing a lifeline to the country's new military leaders after protests led to the ousting of president Omar al-Bashir.The two Gulf Arab…

India's growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure, and technology collaboration with the country, a UN forum here has been told.Counsellor in India's Permanent Mission to the UN…

A Mumbai based celebrity dermatologist backed luxury skincare startup Dr. Sheth's has secured Rs 4 crores in a series seed round funding from Mumbai Angels and others.Mumbai Angel Networks led the new round funding with few other investors…

Almost a year into writing a USD 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the retail giant continues to be committed to the Indian market given the huge opportunity that the country presents.McMillon, who is…

US stocks ended slightly higher on Tuesday, with the S&P 500 inching closer to its all-time high following a string of mostly positive earnings, while a drop in healthcare shares limited the advance.All three major US stock indexes…

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent.The push into banking by…

SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals in the United States.These…

The IMF's bailout package to Pakistan could be delayed as both sides are still engaged in an intense conversation to finalise the agreement and the international lending body is seeking details of the CPEC project and a written guarantee from…

Crude oil prices rose by Rs 41 to Rs 4,430 per barrel in futures market Friday as speculators created fresh positions, taking positive cues from overseas markets.At the Multi Commodity Exchange, crude for delivery in April was trading…