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Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn

TMT

22 April, 2020

Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn

Facebook Inc. will invest Rs 43,574 crore ($5.7 billion) in the digital business of Reliance Industries Ltd, a deal that ......

Sensex, Nifty fail to hold gains, banks and energy stocks drag as lockdown extends

Markets

15 April, 2020

Sensex, Nifty fail to hold gains, banks and energy stocks drag as lockdown extends

Indian shares retreated from one-month highs to settle lower on Wednesday, as the country entered an extended lockdown to curb ......

Sensex, Nifty slide on lockdown extension worries

Markets

13 April, 2020

Sensex, Nifty slide on lockdown extension worries

Indian shares fell on Monday, dragged down by financial stocks, as Asia's third-biggest economy looked set to extend a lockdown ......

Donations pour in but PM CARES coronavirus fund faces criticism

General

08 April, 2020

Donations pour in but PM CARES coronavirus fund faces criticism

Indian Prime Minister Narendra Modi is facing criticism for creating a new coronavirus relief fund when about $500 million was ......

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Which manufacturing companies may benefit the most from crude price drop?

Manufacturing

27 March, 2020

Which manufacturing companies may benefit the most from crude price drop?

Ever since the coronavirus pandemic began to spread across the world in early January, the global economy has been on ......

Nifty, Sensex clock best day since 2009 on $2 trillion US stimulus package

Markets

25 March, 2020

Nifty, Sensex clock best day since 2009 on $2 trillion US stimulus package

Indian shares surged to their best single-day percentage gain in over a decade on Wednesday, as a massive stimulus in ......

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

General

25 March, 2020

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

Facebook is close to signing a multibillion-dollar deal for a 10% stake in heavily-indebted Reliance Jio, which boasts the acquisition ......

Stocks crash to worst day since 2008 as pandemic fuels growth fears

Markets

12 March, 2020

Stocks crash to worst day since 2008 as pandemic fuels growth fears

The Indian stock markets plunged into bear territory on Thursday after the coronavirus outbreak was described a pandemic and the ......

Nifty, Sensex close higher as Bank of England rate cut boosts stimulus hopes

Markets

11 March, 2020

Nifty, Sensex close higher as Bank of England rate cut boosts stimulus hopes

Indian shares ended higher on Wednesday, with gains in energy majors offsetting weakness in IT and financial stocks, after a ......

Stocks sink most in over 4 years on coronavirus panic, oil price crash

Markets

09 March, 2020

Stocks sink most in over 4 years on coronavirus panic, oil price crash

Indian stocks on Monday recorded their worst single-day fall in more than four years, tracking global markets lower, as panic ......