Reliance Retail to raise Rs 4,966.80 crore from Abu Dhabi Investment Authority
NEW DELHI: Mukesh Ambani's Reliance Retail Ventures said on Friday that Abu Dhabi Investment Authority (ADIA) would invest Rs 4,966.80 crore ($597.58 million) in the company at a valuation of $100.8 b ...
Oil prices extend rapid descent on demand worries
HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session's nearly 6% losses, as an uncertain demand outlook overshadowed an Opec+ decision to maintain oil output cuts, keeping sup ...
GST Council to decide on taxing corporate, personal guarantees: Source
NEW DELHI: India's Goods and Services Tax (GST) Council is expected to decide whether tax will be levied on corporate and personal guarantees on loans or debt issuances, according to a source.Such a t ...
‘Considering hotels in India with interest:’ Jumeirah Group CCO
NEW DELHI: Dubai-based Jumeirah Group is “considering” having hotels in India, one of the key source markets for its current portfolio of 27 luxury properties globally. While almost half of them are i ...
Microsoft CEO Satya Nadella testifies at US Google antitrust trial
WASHINGTON: The US Justice Department's once-in-a-generation antitrust fight with Alphabet's Google gets some star power on Monday when Microsoft chief executive Satya Nadella takes the witness stand. ...
Hyundai reports highest ever monthly sales in September
NEW DELHI: Hyundai Motor India on Sunday said its total wholesales increased 13 per cent year-on-year to 71,641 units in September, its highest ever in a month. The country's second largest carmaker h ...