Home » Business » Companies

Companies - Page 87

Atlas Cycles shuts operations at last manufacturing unit. (Photo- Atlas Website)

Atlas Cycles now only a childhood memory as factory shuts operations

Employees claimed the unit was shut without notice

5 Jun 2020 3:46 PM IST

Sun Pharma initiates phase-2 clinical trials for potential COVID-19 treatment drug. (PTI Photo)

Sun Pharma begins phase-2 trial on AQCH, a potential COVID-19 drug

The company received approval from Drugs Controller General of India for conducting the trials of phytopharmaceutical...

5 Jun 2020 2:59 PM IST

Telsa Inc Chief Executive Elon Musk. (AFP Photo)

Tesla's Elon Musk calls for breakup of Amazon, says 'monopolies are...

The retailer had no comment on Musk's call but said the book in question, by author Alex Berenson was now available for...

5 Jun 2020 12:37 PM IST

Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit. (PTI Photo)

Abu Dhabi's Mubadala to buy 1.85% stake in Jio Platforms

The interest in Jio Platforms highlights its potential to become the dominant player in India's digital economy

5 Jun 2020 8:55 AM IST

Amazon in talks to buy $2 billion stake in Bharti Airtel. (AFP Photo)

Amazon in talks to buy $2 billion stake in Bharti Airtel

The discussions between Amazon and Bharti come at a time when global players are placing major bets on digital arm of...

4 Jun 2020 4:04 PM IST

Google CEO Sundar Pichai. (PTI Photo)

Google CEO Sundar Pichai pledges USD 37 million to fight racism

Pichai also urged his employees to stand together in silence for 8 minutes and 46 seconds to honour -"memories of Black...

4 Jun 2020 2:23 PM IST

Mukesh Ambanis Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy. (PTI Photo)

Amid COVID-19, investors bet on Jio and its giant-killer playbook

India's 10-week lockdown led to a surge in demand for data, boosting Jio's phone and broadband offerings

4 Jun 2020 12:57 PM IST

Uber signals recovery in rides as lockdown restrictions ease. (AFP Photo)

Uber signals recovery in rides as lockdown restrictions ease

Trip requests are now down about 70% from a year earlier, slightly lesser than April's 80% drop

4 Jun 2020 11:23 AM IST

Reliance Industries closes Rs 53,124 crore rights issue, subscribed 1.59 times

Reliance Industries closes Rs 53,124 crore rights issue, subscribed...

The Rights Issue Committee of the Board of Directors of the company will meet on June 10 to approve the basis of...

4 Jun 2020 9:40 AM IST

US tech giants like Google, Apple, Facebook, Amazon and Netflix are being singled out, says the US Trade Representative office.

Won't let India, others tax US tech firms like Google, Trump...

The US Trade Representative office has announced investigations into nations, including India, with digital services...

3 Jun 2020 10:35 PM IST

Facebook is hoping to grab a large slice of Indonesias digital sector which was estimated at $40 billion in 2019 and could triple by 2025.

To expand WhatsApp into payments, Facebook invests in Indonesia's...

We can help bring millions of small businesses and their customers into the largest digital economy in Southeast Asia,...

3 Jun 2020 9:21 PM IST

The notification form is being filed in relation to Jaadhus proposed acquisition of a minority, the non-controlling shareholding of approximately 9.99 per cent of the fully diluted equity share capital in Jio Platforms, which is worth USD 5.7 billion.

Facebook uses Jaadhu to acquire Jio stake worth Rs 43,574 crore

Facebook incorporates new company to acquire 9.9 per cent stake in Jio

3 Jun 2020 7:10 PM IST