Business
Uttar Pradesh: Jio plans a $950 million data centre
Indian telecommunications company, Reliance Jio Infocomm Ltd plans to build a $950 million data centre in Uttar Pradesh. “For the…
Companies
Business
Companies
Kinara Capital gets $10 million from IndusInd bank in debt and equity round worth Rs.100 crore
Kinara Capital, a small business lender from Bengaluru, announced that it got $100 million (or Rs 74 crore) from IndusInd…
Companies
Cairn Energy hopeful to settle tax issues with Centre amicably: Report
The government is expecting to settle $1.2 billion in tax litigation with UK-cased Cairn Energy PLC amicably outside court. Cairn…
Companies
Supreme Court issues notice to Future group to stall Reliance deal
On Monday, the Supreme Court of India issued a notice to Future Retail on Amazons’ plea ‘to maintain status quo’…
Companies
IKEA to invest $55billion in first mall in India
Modern furniture conglomerate IKEA will open its first ‘meeting place’ venture in Noida, India. The mall will include a shopping…
Companies
Uber drivers are workers not self-employed, UK top court rules
Uber drivers must be treated as workers rather than self-employed, the UK’s Supreme Court has ruled. The decision could mean…
Business
Amazon under Enforcement Directorate’s clutches for the second time
According to a news report published by Reuters, the Enforcement Directorate (ED) will begin its second investigation into multinational e-commerce…
Business
Amazon to manufacture Fire TV stick in India
Amazon Inc. plans to work with Taiwanese multinational electronics contract manufacturer Hon Hai Precision Industry Co. Ltd, better known as…
Companies
WhatsApp to launch a public outreach exercise to explain disputed privacy policy
WhatsApp has come to a decision to launch a public outreach exercise to clarify its questionable privacy policy to its users, laying…
Business
Australia’s major media companies strike $47 million deal with Google
Winning an extended licensing fight with Google, many media companies announced content deals with the tech giant, that were supposedly…
Companies
Fresh IPO: Seaborne logistics company Seven Islands to raise Rs 600 crore
Seven Islands Shipping, the third-largest seaborne logistics company in India has filed its draft red herring prospectus (DRHP) with the…
Auto
Hyundai India’s No. 1 priority is low cost electric vehicle
Hyundai managing Director S.S. Kim said that creating a low-cost electric vehicle is the company’s “No. 1 priority” for the future.…