Business News
National Payments Corp (NPCI) to take UPI, RuPay global through new subsidiary to expand reach
August 20, 2020
National Payments Corp (NPCI) to take UPI, RuPay global through new subsidiary to expand reach
NPCI International Payments will foster innovations in countries open to working with them and also increase adoption of RuPay and…
Mukesh Ambani outranks Elon Musk, Warren Buffett to become world’s 5th richest man
July 23, 2020
Mukesh Ambani outranks Elon Musk, Warren Buffett to become world’s 5th richest man
Ambani added $2.9 billion to his worth yesterday which is approximately Rs. 1000 crore per hour. Now his total net…
Work from home norms for IT, BPO companies extended till 31 December
July 22, 2020
Work from home norms for IT, BPO companies extended till 31 December
Around 85% of the IT workforce is presently working from home and only those performing critical functions are going to…
Google set to invest $4.5 Billion in Jio for a 7.7 percent stake
July 15, 2020
Google set to invest $4.5 Billion in Jio for a 7.7 percent stake
Reliance India chairman Mukesh Ambani confirmed that Google will invest over Rs 33,737 crore for a 7.7 per cent stake…
Google to invest $10 Billion in India for boosting Digital Economy
July 13, 2020
Google to invest $10 Billion in India for boosting Digital Economy
The technology giant has announced during its 'Google for India' initiative that it plans to invest over ₹75,000 crore($10 billion)…
US 5G Giant Qualcomm to invest $97 million in Reliance Jio, 13th Deal 12 Weeks
July 12, 2020
US 5G Giant Qualcomm to invest $97 million in Reliance Jio, 13th Deal 12 Weeks
The deal with Qualcomm — the 13th such investment in 12 weeks—means Reliance has sold 25.24 percent in Jio. RIL…
Boycott China on full swing, mentioning Country of origin is now a must for E-commerce portals.
July 11, 2020
Boycott China on full swing, mentioning Country of origin is now a must for E-commerce portals.
E-commerce firms, marketing agencies, and manufacturers of imported packed items will now have to pay a fine up to Rs…
Amid Apple’s Production Shift from China, supplier Foxconn to Invest $1 Billion in India.
July 11, 2020
Amid Apple’s Production Shift from China, supplier Foxconn to Invest $1 Billion in India.
The plan of investing in India is touted to be Apple’s move to shift iPhone production away from China and…
TikTok parent ByteDance ready to shift outside China in order to save global business after India and potential US ban
July 10, 2020
TikTok parent ByteDance ready to shift outside China in order to save global business after India and potential US ban
The move is believed to have been prompted by rising anti-China sentiment in India which has already banned the app,…
Hiranandani Group unveils Asia’s Largest Data Centre at Navi Mumbai worth Rs. 1,000 crore
July 9, 2020
Hiranandani Group unveils Asia’s Largest Data Centre at Navi Mumbai worth Rs. 1,000 crore
With proximity to Mumbai and Pune, Yotta NM1 Data Centre is located in the 600-acre Hiranandani Fortune City in Panvel…