The move, first announced in 2020, effectively kills off a line-up that remains popular to this day in parts of the world for its reliability and security.
Reliance succession will be underpinned by the emergence of at least 3 superstar businesses, each of which will aim for a very large share of profit in its particular industry.
Move follows another major shadow lender Bajaj Finance, which has also been working on its consumer app, as the sector tries to play catch up after undergoing a crisis.
Jio is seeking commitments for as much as Rs 5,000 crore of notes maturing in 5 years at a coupon of 6.20%. The firm last tapped the rupee bond market in July 2018.
Be it language barriers or cultural differences, Taiwanese executives are struggling to adapt. It’s yet another sign that India is not the next China, but a nation with its own traits & nuances.
With its fortress balance sheet of roughly $190 bn in cash, Apple can withstand almost any grim economic scenario. But valuation and fundamentals eventually will matter again.
RBI could tighten digital lending rules as early as this year. Guidelines under consideration include penalties on non-compliant apps, with a focus on unregulated loan providers.
Ten-year Treasuries had the worst start to a year in more than a decade, with yields rising 12 basis points Monday, the largest first-day jump since 2009.
The unemployment rate rose in both urban and rural areas signaling sustained risks to the country's economy, according to the data from Centre for Monitoring Indian Economy.
A halt or termination of the arbitration case would be a setback for Amazon, which is in a race with Reliance to dominate India’s billion-plus consumer market.
For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.
SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.
Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
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