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 issuer, has caused a major decline of more than 40% in the value of XRP...
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 Union constituting 27 members on Thursday was happily accepted by the Indian business firms based...
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 Friday, Workers allegedly belonging to the Maharashtra Navnirman Sena (MNS) marched into the e-commerce giant’s...
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 e-commerce company, saw a decline of 70% in its revenue at Rs. 33,880 million ($460.51...
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) announced Monday that it will invest $54 million in equity for India’s National Investment and...
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 Boeing has canceled its plans to establish a manufacturing unit in Bengaluru, India. Instead, the...
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 in the range of 1.1 to 13.6 per cent in FY21 over FY20 under different...
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 cent right after the lockdown with tier 3 regions registering the highest growth of 65...
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 limited engagement Our BureauMumbai Reliance Industries Limited Chairman Mukesh Ambani on Tuesday said that the...
Adani Group seeks action against fake news wrongdoers Adani Group has written a letter to Union Minister for Law and Justice Ravi Shankar Prasad over a planned attempt to malign the reputation of the prominent business houses through fake...
