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Business

Exxon Mobil eyes oil, gas blocks

Global energy giant Exxon Mobil Corporation is in talks to buy stakes in producing oil and gas fields in the c...

Limited loan relief outcry

Various industrial lobbies on Wednesday urged the Supreme Court to direct the Centre and the RBI to extend the...
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Three in race for Bharat Petroleum Corporation

The government has received three preliminary bids to buy a controlling stake in India’s second-largest ...

Steel stocks surge to a year’s high

Frontline steel stocks surged to a year’s high on Wednesday on the back of a record price of the alloy i...

Flipkart: stay on trade probe

The Supreme Court on Wednesday stayed the March 4 order of the National Company Law Appellate Tribunal (NCLAT)...

Rolls-Royce and Infosys sign deal

Rolls-Royce and Infosys have signed a strategic partnership for sourcing engineering and R&D services for ...

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Business  /  Published 04.12.20

Data use doubles post Covid

Data consumption per person has seen an almost two-fold rise in India following the Covid pandemic with the increasing adoption of digital services. Speaking at Infocom 2020, an ABP Group initiative,...
By A Staff Reporter in Calcutta

Business  /  Published 04.12.20

Building trust key to online deals

Global professional services major Accenture expects companies to increasingly adopt a hybrid model to manage its workforce in the post Covid era. In a hybrid model, employees can work remotely; emplo...
By A Staff Reporter in Calcutta

Business  /  Published 04.12.20

Toyota Motors loses Vitara Brezza

Maruti Suzuki India (MSI) on Thursday said it will not get its compact SUV Vitara Brezza manufactured at Toyota Kirloskar Motor’s manufacturing plant in Karnataka as was decided earlier. Maruti...
By The Telegraph in Calcutta, New Delhi

Business  /  Published 04.12.20

V-shape claim as services slip

The Indian economy is witnessing a V-shaped recovery as the gross domestic product (GDP) has recorded a quarter-on-quarter growth of 23 per cent in the July-September quarter of this fiscal, according...
By Our Special Correspondent in New Delhi

Business  /  Published 04.12.20

Jharkhand odd one out on GST

Jharkhand remains the only state yet to accept the Centre’s compensation formula to meet the GST cess shortfall. The formula mandates the Centre to borrow on behalf of the states. With Chhattisg...
By Achintya Ganguly in Ranchi

Business  /  Published 04.12.20

PhonePe boards new investors

E-commerce major Flipkart on Thursday announced a “partial spin-off” of PhonePe as the digital payment firm raises $700 million in funding — valuing it at $5.5 billion.   In th...
By PTI in New Delhi

Business  /  Published 04.12.20

Domestic flight limit raised

The Centre has raised the cap on domestic flights by 10 percentage points to 80 per cent of pre-coronavirus level as the airlines look to do better business during Christmas and New Year. “Dome...
By Our Special Correspondent in New Delhi

Business  /  Published 04.12.20

Rollback on CRR likely

The RBI could roll back the 100 basis points cut in the cash reserve ratio (CRR) and come out with various other measures as it looks to soak up surplus liquidity that has resulted in money market rat...
By Our Special Correspondent in Mumbai

Business  /  Published 04.12.20

Energy firm in a stew over payoffs

The Indian subsidiary of Siemens Gamesa Renewable Energy has reportedly fired its chief operating officer and chief financial officer after an internal investigation found he failed to conduct appropr...
By Our Bureau in Mumbai

Business  /  Published 04.12.20

HDFC Bank credit card leash

The Reserve Bank of India on Thursday barred HDFC Bank from issuing new credit cards and launching fresh digital banking initiatives, delivering one of the harshest regulatory penalties to any banking...
By Our Special Correspondent in Mumbai


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