Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors.
The government will launch the 7th tranche of Sovereign Gold Bonds on Monday. Applications for the bond will be accepted from February 27 to March 3.
Five associate banks of State Bank of India (SBI) will merge with SBI from April 1 in the largest consolidation exercise in the banking history of India.
The government will launch the next tranche of Sovereign Gold Bonds on February 27 as part of efforts to mop up Rs 3,809 crore from all the gold schemes during this fiscal year.
Portronics, a prominent leader in the innovative and portable digital product market, has launched “Harmonics Talky” – the smallest and virtually invisible Mini Bluetooth Earbudthat can be used both for phone calls and listening to music from paired mobile phones.
The Nifty 50 surged to a fresh 52-week high of 8,970.05 in afternoon trade on Thursday, led by gains in Idea Cellular BSE 6.40 %, Bharti Airtel BSE 1.36 %, TCS BSE 2.99 %, Infosys BSE 1.73 %, and HCL Technologies BSE 0.69 %.
Norwegian telecom operator Telenor is on its way to exit India by selling its operations to Bharti Airtel.
The benchmark BSE Sensex climbed in early trade on Thursday on widespread gains as retail investors and domestic institutional investors indulged in buying.
Snapdeal, the third-largest e-commerce player in India, will fire about 600 employees across the e-commerce, logistics (Vulcan), and payments (Freecharge) divisions over the next few days.
Economic Affairs Secretary Shaktikanta Das clarified that the government has no plans to introduce new currency notes of Rs 1,000 denomination.
9:53 am Goldman on Jio: Goldman Sachs feels top 10 percent of Indian mobile subscribers will likely view Reliance Jio's offers as attractive and these top 10 percent subscribers have an average ARPU (average revenue per user) of Rs 600 and account for 40 percent of industry revenues.