Reserve Bank proposes revised tighter regulations for NBFCs
Our BureauNew Delhi The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer…
BUSINESS
Record breaking: Jio makes $10 billion annualized revenue run-rate in Q3 results
Indigenously developed 5G Radio integrated with Jio’s 5G Core Network and 5G Smartphones achieve over the air throughputs in excess of 1 Gbps Our BureauNew…
Amazon offers Biden help with vaccination efforts
CEO at Amazon World Wide Consumer Dave Clark reiterated a request Amazon had made to the Centers for Disease Control and Prevention asking that frontline…
PVR reports huge loss; Indian apparel exports to growth
PVR reports huge loss and film industry suffers Multiplex player PVR Cinemas on Friday reported a consolidated net loss of Rs 49 crore for the…
New rules on H-1B visa application may not affect Indian IT firms
About 20 to 30 per cent of Indian IT services employees work onsite with nearly 40 to 50 per cent dependent on the H-1B visa …
Biotech industrialist Kiran Mazumdar-Shaw becomes Vice-Chair at USIBC
Milind Pant and Nasdaq executive Edward Knight are the other two selected Vice-Chairs of US India Business Council. US India Business Council (USIBC) on Thursday…
Amazon India enters the education sector with Amazon Academy
Amazon Academy will offer 15,000 handpicked questions with hints, detailed solutions, live mock tests, and personalized performance reports. On Wednesday, Amazon India announced the launch…
Bengaluru is home to Tesla’s first India office
The American electric vehicle manufacturer has been in dialogue with the Indian government, which hopes Elon Musk’s company will assemble and manufacture its products in…
Large tech companies freeze political contribution
Microsoft, Facebook, Google, JP Morgan, and Citibank have announced a complete freeze on the political funding, while several other large companies have suspended political donations…
Tesla beats Facebook as 5th most valuable company after Dems gain Senate majority
Tesla shares surged 15% year-to-date after the Democratic party’s victory, the Georgia Senate run-off elections, which increased the hopes of passage of a clean energy…