Category: Business
Setback for Maruti Suzuki as India drops small car concessions in CAFE-III norms| Business News
India has scrapped a planned concession for small cars in upcoming fuel-efficiency rules after automakers including Tata Motors Ltd. and Mahindra & Mahindra Ltd. argued…
RBI set to allow banks to lend directly to REITs in real-estate boost| Business News
The Reserve Bank of India plans to allow banks to lend directly to the real estate investment trusts, or REITs, to unlock fresh funding for…
MPC keeps repo rate at 5.25% as India inflation stays benign| Business News
The Reserve Bank of India has maintained a status quo on its benchmark repo rate even as India’s inflation rate continues to remain below its…
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…
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…
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…
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…
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…
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…
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…