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Business / IBTimes

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

Although India is yet to decide on a Huawei technology ban, telecom players play safe by avoiding Chinese companies to avoid getting caught in the US-China trade war.

14 Sep 2019 4:36 pm
India's top trader body seeks ban on Amazon, Flipkart's festive season sale

The two e-commerce firms typically hold annual festive season sales ahead of key Hindu festivals Dussehra and Diwali, which are due this year in October.

14 Sep 2019 8:54 am
Wipro buyback: Azim Premji sells shares worth Rs 73,000 crore; money likely to be used for charity

Wipro said in a statement that founder-chairman Azim Premji has sold 224.6 million shares.

12 Sep 2019 6:45 pm
Adani's surprise entry heats up field for Rs 45,000-crore submarines project bid

Adani Group faces a strong field led by Mazagon Dock Shipbuilders, L&T and Reliance Naval and Engineering; Adani's claim is strengthened by a likely tie-up with Hindustan Shipyard Ltd, Visakhapatanam, and acquisition of Bengaluru-based Alpha Design Technologies that has tie-ups with Russian and Israeli companies

12 Sep 2019 5:10 pm
US shelves sale of MDH sambhar masala for salmonella contamination

The family-run company did not immediately respond to phone calls and emails seeking more details.

12 Sep 2019 1:19 pm
Blackstone to acquire remaining 50% of Indiabulls' commercial assets

Last year in March, Blackstone had signed a similar deal for 50% of a portfolio of Indiabulls for around Rs 4,750 crore that was one of the country's biggest-ever deal in real estate.

11 Sep 2019 5:59 pm
Paytm eyes core banking toehold amid talks with Rana Kapoor for Yes Bank stake

Co-founder Kapoor is seeking to exit Yes Bank by selling his and family's stake for Rs 2,000 crore; in talks with Paytm founder Vijay Shekhar Sharma.

11 Sep 2019 2:15 pm
Paytm parent One97's loss widens to Rs 3,960 crore amid tough competition

The losses have mounted despite transactions through Paytm rising significantly since the demonetisation.

10 Sep 2019 5:14 pm
US-based firm DXC Technology to hire 10,000 Indians for digital operations

The company had previously stated that the inability to hire employees had cost the company nearly $100 million in revenue last year.

9 Sep 2019 6:45 pm
British Airways cancels nearly all flights due to pilots' 48-hour strike

British Airways has stated that the strike action is unjustifiable as its pay offer was fair.

9 Sep 2019 2:12 pm
Satyam scam: SAT quashes 2-year audit ban on PwC; SEBI sees major setback

The Satyam scam saw the Ramalinga Raju-promoted company going belly up in January 2009.

9 Sep 2019 1:47 pm
Binny Bansal turns professional investor; to set up $400 million VC fund

The move is significant for Indian entrepreneurs as this is the first time an established tech entrepreneur is turning into a full-time investor.

9 Sep 2019 1:30 pm