Category: Business

Reliance Industries Chairman & MD Mukesh Ambani interacts with Chairman & CEO of BlackRock Larry Fink. (Jioblackrock mutual fund youtube)
Posted in Business

Mukesh Ambani and Larry Fink reveal how a 5-minute car ride led to a $300 million joint venture

India’s billionaire Mukesh Ambani, at a recent event, recalled how a million-dollar deal between him and BlackRock’s Larry Fink, which led to Jio BlackRock, was…

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Representative image. (Spotify)
Posted in Business

Spotify, a Major Audiobook Provider, Will Soon Offer Physical Books| Business News

Spotify Technology is getting into the physical book business. Representative image. (Spotify) Beginning this spring, the Swedish streaming service will allow premium subscribers in the…

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RightLife co-founder Adit Mukherjee. (Official image)
Posted in Business

RightLife’s Adit Mukherjee| Business News

Health consciousness may well have swiftly graduated from lip service to a lifestyle cue, with an interest in smartwatches to track health data or heart…

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Balaji Krishnamurthy is appointed as the new chief financial officer (CFO) of Uber. (REUTERS)
Posted in Business

Who is Indian-origin Balaji Krishnamurthy? Uber appoints MDI Gurgaon alum as CFO

Uber Technologies has appointed Indian-origin Balaji Krishnamurthy as its new Chief Financial Officer (CFO). He is a six-year veteran of the company and currently serves…

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Boeing is set to eliminate approximately 300 jobs within its defense division, impacting various locations across the US. (REUTERS file photo for representation)
Posted in Business

Boeing to cut around 300 defense supply chain jobs| Business News

Boeing Co. is eliminating about 300 supply chain jobs from its defense division, and is notifying affected workers this week, according to a person familiar…

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The new Stuffcool ChargeCube 65 launches at  ₹2,999 and is now better suited for flagship smartphones, as well as tablets and even laptops.. (Handout)
Posted in Business

Telecom’s NUF debate, Stuffcool ChargeCube 65, and a near miss| Business News

Opening thoughts. The first bullish communication from Vodafone Idea, in many years, regarding a future roadmap of investment. And more to the point, an intent…

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A SpaceX shuttle. (Official image)
Posted in Business

Elon Musk’s companies plan to build AI data centres, in space| Business News

The fact that two of Elon Musk’s companies are merging, has nothing to do purely with accounting or resources allocation or efficiency or any of…

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Silver is struggling to find a price floor following a historic market rout. (AFP)
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Silver down 16%, gold drops 3.5% as volatility grips precious metals| Business News

Silver fell sharply, erasing a two-day recovery, as the white metal struggled to find a price floor following a historic market rout. Gold also declined….

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The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

RBI may pivot to buying dollars to build forex reserves, analysts say| Business News

The rupee’s biggest rally in seven years will give Reserve Bank of India scope to rebuild its forex reserves, potentially limiting further gains after the…

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Prime Minister Narendra Modi and US President Donald Trump at the White House in Washington, DC. (Reuters)
Posted in Business

The BTS action that led to India-US trade deal| Business News

In early September, shortly after Indian Prime Minister Narendra Modi held a chummy meeting with Vladimir Putin and Xi Jinping in China, he dispatched his…

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