Indian stock market up 380 points after Trump signs stimulus into law
Equity indices in India reached lifetime high following global cues. Equity bench indices in India closed on Monday at a new lifetime high following the…
BUSINESS
NRIs eye India real estate as Mumbai property sales break record
Stamp duty concession to boost Covid-stricken economy works Property sales in Greater Mumbai have gone through the roof in recent months, breaking a five-year record…
US lawsuit against Ripple puts Indian crypto exchanges in tough spot
XRP currency value plunges after US Securities and Exchange Commission sues Ripple Lab. A US lawsuit filed against Ripple Lab Inc, the world’s third-largest cryptocurrency…
Indian firms based in UK set to benefit from the new Brexit deal
The new Brexit deal hugely profits the UK based Indian companies. The landmark Trade and Cooperation Agreement (TCA) signed between the United Kingdom and European…
Amazon’s warehouses in India vandalized
Disgruntled regionalist political party MNS behind the attack, police say. Two cases of vandalism at Amazon warehouses at Mumbai and Pune have been reported on…
Amazon Wholesale India revenue plunges 70%
Amazon Wholesale faces huge decline due to change in India’s FDI regulations. Amazon India’s wholesale branch which is the business-to-business (b2b) arm of the American…
US finance corp to invest $54 mn in India’s infra fund
The National Investment and Infrastructure Fund (NIIF) is in its final round of fundraising for development projects. Our Bureau US International Development Finance Corporation (DFC)…
Boeing drops India manufacturing plans
Earlier this month, an iPhone manufacturing plant near Bengaluru was vandalized, leading to fears that foreign manufacturing companies may go slow on plans. Aerospace company…
From 1.1% to 13.6%, guesswork continues on Indian economy contraction
Not just India, the whole of Asia is hit by joblessness as 81 million lost employment. Our BureauMumbai The Indian economy is expected to contract…
India biz briefs Dec 12-18, 2020
Flipkart sees India’s tier-3 as new e-commerce frontier E-commerce marketplace Flipkart said on Friday it witnessed a new user growth of close to 50 per…