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…
BUSINESS
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…
Mukesh Ambani bats for India’s $5 tn leap, pushes for 5G rollout
Pushing for rollout of 5G, RIL chairman says digital technology has evolved into a platform of unlimited enablement and empowerment from being a means of…
Business – Briefs
Adani Group seeks action against fake news wrongdoers Adani Group has written a letter to Union Minister for Law and Justice Ravi Shankar Prasad…
Q3 figures show silver lining in dark clouds?
Data for third quarter of 2020-21 confirm that economy is recuperating faster than anticipated, more sectors joining multi-speed upturn. Our BureauNew Delhi The Reserve Bank…