1. Business & Economy

Business & Economy

Business & Economy

Cyrus Mistry says won’t take up chairmanship of Tata Sons

Jan 5, 2019 New Delhi:  In a major turn in the Tata-Mistry saga, Cyrus Mistry on Sunday said that he would not take up the chairmanship of Tata Sons or become director of any Tata…

Tata Motors produced zero Nanos in 2019, sold just one

Jan 7, 2020 Mumbai:Tata Motors did not even produce a single unit of its entry-level offering, Nano, during 2019, while it managed to sell just one unit during the year. According to data collated from…

Business & Economy

Growth estimate subdued, can force fiscal stimulus in Budget

Jan 7, 2020 New Delhi: The government on Tuesday forecast 5 per cent growth for the current financial year, which is the slowest pace in 11 years, and may force the Finance Ministry to think…

Business & Economy

‘Lack of credit, lower consumption led India’s growthrate to 5%’

by Arul Louis Jan 9, 2020 United Nations: The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut…

December auto sales decline by over 13%

10, 2020 New Delhi: The domestic automobile sales continued to decline in December with the overall sectoral off-take plunging 13.08 per cent on a year-on-year basis, data showed on Friday. As per the data furnished…

Business & Economy

Amazon CEO Bezos’s India visit crucial as ecommerce space gets fierce

Jan 10, 2020 New Delhi: As the Indian ecommerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos will be in India…

Star unicorn Oyo shuts door on employees in India, China

Jan 13, 2020 New Delhi: Ritesh Agarwal-led Indian hospitality unicorn Oyo, currently the second top unicorn after Paytm and valued at nearly $10 billion in the country, has acted tough by laying off thousands of…

US ends China’s designation as currency manipulator

Washington: The US has dropped its designation of China as a “currency manipulator”, just two days before the two countries were scheduled to sign an agreement at the White House to begin resolving their trade…

Amazon to invest $1 bn to digitise Indian SMBs: Bezos

Jan 15, 2020 New Delhi: In a major announcement showing Amazon’s support for Indian MSMEs, CEO Jeff Bezos on Wednesday said that the company would invest $1 billion in digitising small and medium businesses (SMBs)…

21st to be an Indian century: Bezos

Jan 15, 2020 New Delhi: Making major investment announcements for small and medium businesses (SMB), Amazon CEO Jeff Bezos on Wednesday said that the 21st century will be the century of India. Speaking at the…

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