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Topics: Business News

Mike Pompeo says China is blocking ASEAN members from accessing $2.5 trillion recoverable energy reserves

The US has accused China of blocking the ASEAN members accessing more than USD 2.5 trillion in recoverable energy reserves in the South China...

Foxconn says the lawsuit filed by Microsoft will hardly make any loss

Foxconn does not expect to suffer any loss as a result of a lawsuit filed by Microsoft Corp, the chief executive of the Taiwanese...

Microsoft UK chief Cindy Rose joins WPP Plc board as non-executive director

WPP Plc, the world's biggest advertising company, said on March 12 it appointed Microsoft Corp's UK chief executive officer, Cindy Rose, as a non-executive...

Renault in talks with Nissan and Mitsubishi Motor for new alliance body

French carmaker Renault said on March 11 that it was in talks with its Japanese partners Nissan and Mitsubishi Motor over a new alliance...

Kalpataru Power Transmission Ltd secures deal worth of Rs 1,288 crore

One of India's largest power transmission and infrastructure EPC space providing company Kalpataru Power Transmission Limited (KPTL) on Monday announced that "it has secured...
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ED investigates Philip Morris International and Godfrey Philips on violation of Country’s laws charge

The Enforcement Directorate (ED) is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of the country's laws, a...

Suresh Prabhu: The Government is confident of meeting $100 billion in FDI by 2020

Commerce and Industry minister Suresh Prabhu said on March 9 the government has set a target of attracting $100 billion in foreign direct investments...

President Trump: The United States can forge a trade deal with China

President Donald Trump on Friday said he is confident the United States can forge a trade deal with China, but added that he thinks...

Chinese Vice Minister says, China and the US are working day and night to achieve a trade deal

China and the United States are still working day and night to achieve a trade deal that matches the interests of both sides and...

No legal case against Australia for now, says Huawei

Chinese telecoms giant Huawei said Friday it had no immediate plans to mount a legal challenge over Australia's decision to bar the company's equipment...
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NASSCOM President Debjani Ghosh: India and Israel should partnership to define new norms for the digital world

India and Israel should strengthen their partnership to define the digital world's new norms, the president of a leading trade association of Indian IT...

Nissan former chairman Carlos Ghosn says he is innocent and ready for defense

Former Nissan Chairman Carlos Ghosn may leave detention as early as Wednesday, after a Tokyo court approved his release on 1 billion yen ($8.9...

RBI fines ICICI Bank, SBI and 17 other banks for non-compliance use of SWIFT Network

The Reserve Bank of India (RBI) has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India,...

Airtel partners with Zoom Video for unified business communications solutions

Telecom operator Bharti Airtel has collaborated with Zoom Video Communications to launch unified communications solution for businesses. The collaboration aims to offer businesses "enhanced agility...

Reliance Industrial Investments to acquire Grab and C-Square info solutions

RIL-arm Reliance Industrial Investments has entered into agreements to acquire logistics services platform Grab and software firm C-Square Info Solutions. Reliance Industries, in a regulatory...
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TCIL plans to raise Rs 1,500 crore through IPO

State-owned Telecommunications Consultants India Ltd (TCIL) expects to raise roughly Rs 1,500 crore from its planned IPO and wants to retain part of the...

Donald Trump: India is a high tariff country

India is a very high-tariff nation, US President Donald Trump alleged on Saturday, stating that he wants a reciprocal tax or at least some...

Huawei plans to pay billions in cash dividends to its shareholding employees

China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to...

Hero MotoCorp sales decline by 1.96 percent in February

Two-wheeler market leader Hero MotoCorp on Friday reported 1.96 per cent decline in total sales at 6,17,215 units in February. The company had sold...

US President Trump urges China to lift tariffs on US farm products

President Donald Trump said he had asked China to immediately remove all tariffs on US agricultural products because trade talks were progressing well. He also...
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Hyundai Motor to boost the auto business margin to 7 percent by 2022

Hyundai Motor Co said on February 27 that it plans to boost the core automotive businesses' operating profit margin to 7 percent by 2022,...

SBI calls for lender meeting with Jet Airways Chairman Naresh Goyal and Etihad Airways CEO Tony Douglas

State Bank of India (SBI) has called an urgent meeting of lenders with Jet Airways Chairman Naresh Goyal and the domestic carrier's significant shareholder...

Reserve Bank of India proposes strick compensation norms for Private and Foreign Banks

Seeking to curb excessive salary payout practices, the Reserve Bank of India has proposed strict compensation norms for senior officials of private as well...

Warren Buffett’s firm Berkshire Hathaway reports the loss of $25 billion on paper stock

Warren Buffett's company recorded a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of...

E-tail giants: Comprehensive policy on e-commerce is a welcome move

E-commerce giants Amazon and Walmart-backed Flipkart on February 23 said they are reviewing the draft national e-commerce policy and will share their inputs on...
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Exxon Mobil partners with Microsoft to use cloud technology in US oil producers shale operations

Exxon Mobil Corp and Microsoft Corp have agreed to use cloud technology in the U.S. oil producer's shale operations, they said on Friday, helping...

Report: Most of the Indian businesses does not compile with AI, Customer Analytics and Digital integration

While businesses in India are looking at several customer experience (CX) technologies such as customer analytics, Artificial Intelligence (AI), and digital integration, most of...

BIGO Technology to invest $100 million in India

Singapore-based social media platform BIGO Technology on Monday announced an investment of over $100 million to expand its business in India in the next...

Aditya Puri: No plans to cut down HDFC bank’s branch expansion

Largest domestic lender from the private sector space, HDFC Bank, does not intend to cut down on branch expansion, a top official said on...

Reports: Citi group is in final talk to acquire Canary Wharf office building

Citigroup is in talks to buy the tower housing its European headquarters in London's Canary Wharf district, which is on the market with a...
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