RIL now has a market capitalisation of $151.2 billion and this is the highest ever valuation of an Indian company.
Shopkeepers in the Gaffar market said that 80 to 95 per cent of such items sold in the market were imported from China.
The Reliance partly paid shares have also created wealth for investors with gains of 6.64 per cent from June 15 when they were listed.
With the latest hike, petrol in Delhi now retails at ₹77.81 per litre while diesel rate stands at ₹76.43.
Card and mobile payments as a percentage of India’s GDP rose to 20 per cent in the quarter ended December 31, 2019, the results showed.
The drivers downloaded Mock Locations (fake GPS path) app to trick the app that they drove customers in real using false map locations.
Amidst coronavirus lockdown, Parle-G came handy for many migrants who trekked hundreds of kilometres to get back home.
Indicating larger spend on homes, Asian Paints CEO said that the crux is that homes will become places of joy and happiness where people will feel secure and safe and that would be a zone where people will start investing largely.
On Sunday evening RIL announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
The Nifty50 on the National Stock Exchange was trading at 10,299.35, higher by 157.20 points or 1.55 per cent from the previous close.
Google Cloud on Monday announced to appoint global Cloud data services company NetApp veteran Anil Valluri as Senior Director for Google Cloud in India.
When the lockdown was announced in late March, Delhiites felt the need to tank up which led to a substantial increase in fuel spends on their credit card, by up to 50 per cent within the first week.
According to an internal letter from Founder Deep Kalra and CEO Rajesh Magow sent to employees, the impacted employees will also get leave, gratuity, retention of company laptops and outplacement support, apart from salary payments as per their notice periods.
Antler plans to invest in up to 40 companies within its first year of operations in India through an India-dedicated fund and also has plans to expand to other major cities in India in the next three to five years.
Based on its reported net debt of Rs 1.6 trillion (1.6 lakh crore), RIL would comfortably achieve zero net debt by FY21 in our view. We expect RIL to comfortably divest another 3 per cent stake in Jio Platforms this year (cumulatively 20 per cent), given the immense interest shown by investors so far, according to a report
Out of the 10 per cent of jobseekers who have already been laid off, 15 per cent were from the airlines and e-commerce industry each and around 14 per cent were from the hospitality industry.
Uber India on Tuesday announced to lay off around 600 full time employees due to impact of the coronavirus crisis.
Through the Homefoodi mobile app, consumers now have access to home-made food from over 200 chefs in homes across Noida, Greater Noida, and Indirapuram, the company said in a statement.
Zomato, which is also a favourite among investors, also got hit hard by the COVID-19 pandemic, leading it to announce the decision to lay off nearly 13 per cent of its workforce — over 600 employees.
Jio’s vision is to enable a Digital India for 1.3 billion people and businesses across the country, including small merchants, micro-businesses and farmers so that all of them can enjoy the fruits of inclusive growth.
The impact of COVID-19 has been unprecedented in the media and entertainment industry, as in every other sector, with many services offered by this industry having sharply diminished or halted.
J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson’s Baby Powder, caused their cancer
The RBI has directed that post merger of HDFC Ergo Health Insurance Company Limited with HDFC Ergo General Insurance Company, subsidiaries of the corporation, the stake of the corporation in the merged entity should be brought down to 50 per cent or below within a period of six months from the merger.
All impacted employees will receive at least three months of salary, irrespective of their notice period or tenure, Sriharsha Majety, Co-founder and CEO, Swiggy, told employees in a virtual town hall meeting.
Microsoft spent $10 billion in its most recent quarter on share buybacks and dividends, up more than 30 per cent from the year before.