LiveFb to Pay $1 Billion Over 3 Years to News Industry
Facebook, following in Google’s footsteps, says it plans to invest $1 billion to “support the news industry” over the next three years. The social networking...
Category : BUSINESS
Govt Approves Rs 22,325 Crore Sops Plan for Pharma
The Union Cabinet on Wednesday extended the production-linked incentive (PLI) scheme for the pharmaceutical and technology hardware sectors, approving Rs 15,000 crore and Rs 7,325 crore worth of incentives,...
RailTel IPO Shares to be Allotted Today
RailTel Corporation of India will likely finalize the allotment of its initial public offering (IPO) on Wednesday. The Rs 819 crore IPO was open from subscription...
After Warning for Bitcoin Surge, Musk Loses $15.2 Billion in a Day
Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. Tesla’s biggest decline since...
Fuel Prices Rise After 2 Days, Petrol & Diesel Up in Delhi
State-run oil marketing companies (OMC) on Tuesday announced a hike in fuel prices, after keeping rates unchanged for two straight days, according to news agency...
Reliance Jio Plans $950 Million Data Centre in UttarPradesh
Reliance Jio Infocomm Ltd, India’s largest wireless operator, plans to build a data center in Uttar Pradesh at an investment of around $950 million, two...
Bitcoin Cracks 8% to Slip Below $ 52,000
Top cryptocurrencies plunged on Tuesday morning with bitcoin cracking more than 8 per cent to tumble below the $53,000 level. The biggest cryptocurrency in terms...
RIL Announces O2C Biz Spin-Off into 100% Subsidiary
Reliance Industries Limited (RIL) said on February 23 that it is carving out its Oil-to-Chemicals (O2C) business into an independent subsidiary. RIL said it will retain...
Post Deleveraging, RIL Has Upper Hand in Aramco Deal Talks
In 2020, Reliance Industries Ltd (RIL) set the deal street on fire with large stake sales in its telecom and retail businesses and a rights issue. A...
Vi Launches Pay-Per-View Streaming Service
Telecom company Vodafone Idea Ltd., rebranded as Vi, has announced the launch of its pay-per-view streaming service, available on Vi Movies and TV app, that will...