Business
Isha Ambani & Manish Malhotra to join hands as Reliance acquires 40 percent stake in designer’s MM Styles

Reliance Brands and Manish Malhotra announced a strategic partnership as part of the deal where the former agreed to buy a 40 percent stake in the designer’s 16-year old couture house, MM Styles.

Air India-Tata deal: AI unions raise concerns about cash, accommodation, other benefits

Air India Unions wrote a joint letter to Secretary of Ministry of Civil Aviation, raising their concerns related to cash, leave, medical benefits, accommodation of employees and arrears, among others.

RBI cancels registrations of six NBFCs

On April 22, Moneycontrol had reported RBI has issued a show cause notice to Sambandh Finserve prior to cancelling the license.

Elon Musk Is Richest By A Mile And Wants Jeff Bezos To Know It

Elon Musk replied to Amazon founder Jeff Bezos on Twitter with a silver medal emoji, an apparent reference to their wealth

India Government Issues Air India Sale Letter Of Intent To Tata

NEW DELHI - The government of India has issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline’s debt.

Now Maharaja will be revived: Sharad Yadav on Tata Sons winning Air India bid

Former Civil Aviation Minister in the Atal Bihari Vajpayee government, Sharad Yadav on Saturday said that he hoped that the acquisition of Air India by the Tata Group would help revive the fortunes of the airline.

Maharaja’s Homecoming and Tata’s Complexities

The Tata Group will have a monumental task on its hands when it takes control of loss-making Air India two months from now after winning the state-owned carrier with a Rs 18,000-crore bid.

Four Days Of Coal Reserves Left In India, Energy Crisis Deepens

Coal-fired power stations had an average of four days' worth of stock of the fuel at the end of last month, the lowest level in years, and down from 13 days at the start of August.

Mark Zuckerberg Loses $6 Billion In Hours After Facebook Outage

A selloff sent the social-media giant's stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September.

Tata Sons win bid for Air India; National carrier to fly back to Tatas after 68-year gap

Tata Sons have won the bid debt-laden national carrier Air India, marking the return of the airline to the Tatas after a gap of 68 years.

Stock Market LIVE Updates

sensex, Nifty slip in red amidst volatility; PSU Banks and Realty continue to shine; IOB soars 20%, Central Bank of India 8%

Universal Music dances to $55 billion in electric stock market debut

The world's biggest music label, which represents musicians and song catalogues from Billie Eilish to The Rolling Stones and Bob Dylan, saw its market value leap to 47 billion euros ($55 billion) in Europe's largest listing of the year.

Food inflation will haunt India in 2022: Nestle Chief

Rising food inflation may have severely crimped household budgets in the past few quarters, but the inflation bogey still lurks. Suresh Narayanan, chairman and managing director of food and beverage major Nestlé India, expects further rise in food prices next year

El Salvador body to investigate complaints about government's bitcoin purchases, ATM kiosks

 El Salvador's Court of Accounts, which oversees its public resources, will investigate a complaint about the government's bitcoin purchases and the construction of kiosks for cryptocurrency ATMs, according to a document seen by Reuters.

Tata Sons, group led by SpiceJet chief bid for Air India zomato-co-founder-gaurav-gupta-quits-to-start-a-new-chapter Tata Sons mulling leadership makeover of its $ 106 billion empire Turmeric Latte & Masala Kadak Chai: McDonald’s new attempt to Indianise its menu TATA SONS CFO tO be among highest paid in tata group after 35% hike Gold prices firm on Delta variant threat, dollar retreat Indian SMEs can easily expand to UK with little investment using Sole Representative visa Independence Day Throwback: RBI used to print currency for Pakistan for almost one year after Independence Vijay Mallya's Kingfisher House sold for ₹52.25 crore in ninth attempt LIC IPO may be split into two offerings Cryptocurrency Prices Today on August 11: Ethereum gains 25% in a week How compulsory hallmarking of gold jewellery is affecting customer purchases Vijay Mallya bankrupt, declares London High Court His Lawyers Win Nirav Modi Case Confiscated Shares Of Vijay Mallya, Nirav Modi, Mehul Choksi Sold. SBI Thus Recovers 792 Crores Gold mutual funds are a better option than Sovereign gold bonds Gold Price Prediction – Prices Consolidate as the Dollar Remains Rangebound No scrutiny on housewives' cash deposits upto Rs 2.5 lakh post Demonetization Banks Get ₹9,371 crore assets of Vijay Mallya, Nirav Modi, Mehul Choksi In India, gold hallmarking mandatory from June 15 A $43 billion jump in Adani’s fortune fraught with risks Karnataka High Court verdict likely today about CCI vs Amazon-Flipkart case CBI Raids Avantha Group Founder Gautam Thapar In ₹ 466 Crore Fraud Case IPO impact? LIC chairman M R Kumar tenure extended till March 2022 Singapore tribunal to hear Amazon-Future case on 12 July over RIL deal Tatas buys BigBasket Stake; Prepares to take on Amazon, Flipkart Vijay Mallya loses appeal for more funds to cover legal fees CitiBank is selling its India business and who will be willing to buy Technical View: Nifty forms bullish candle, needs to go past 14,880 to break out of range After The Bell: Sensex cracks 627 points, what should investors do on Thursday?