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HONG KONG/BEIJING: Alibaba founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed as reflecting the sober mood of its private businesses, and which sources said eventually spurred the new…

Giottus, a home-grown crypto exchange based in Chennai, has decided to keep a ‘zero-risk approach' in India, where crypto companies find themselves in trouble with the law time and again. WazirX, for instance, was recently served a show…

Life insurance companies  reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India’s premiums contracted 32 per cent during this period on account of a drop…

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Photograph: Thilo Schmuelgenc/Reuters Reliance Retail Ventures Ltd…

Job cuts were across various levels, functions, teams and geographiesMicrosoft currently has more than 220,000 employees, and layoffs affected around 5 per cent of its workforce.Microsoft has conducted a third round of job cuts that…

Last Updated: March 06, 2023, 13:01 ISTThe DPIIT is also in the process of formulating an insurance scheme for all the retail traders. (Photo: Shutterstock)Department for Promotion of Industry and Internal Trade is also working to bring an…

MUMBAI: Australian Prime Minister Anthony Albanese said that more than 85% of Australian exports to India and 96% of imports from India would become duty-free following last year's Economic Cooperation and Trade Agreement (ECTA).Albanese,…

Artificial intelligence content platform Writesonic's business jumped five-fold this fiscal so far, mainly due to faster content generation, according to a top company official. Writesonic is one of the leading artificial intelligence…

The electric vehicle (EV) cab business is extremely nascent in India with startups like BluSmart primarily making up the segment. Enter Ola and Uber with big plans, and suddenly the space is buzzing. What’s next for this category? This and…

Last Updated: February 27, 2023, 12:49 ISTSpiceJet to Sell Cargo Biz To Subsidiary, To Raise Up To Rs 2,500 Crore via QIP. (Photo: IANS)Carlyle Aviation Partners has agreed to convert its outstanding lease rental into equitySpicejet’s board…