Business Today

RIL has spent over Rs 9,500 cr on R&D, plans to pump in Rs 2,000 cr in FY19

The company filed 192 patents in 2017/18 and 373 in 2016/17, and it was granted 68 and 60 patents, respectively, in the past two years.

Banks, financial institutions sign inter-creditor agreement for swift resolution of bad loans

The inter-creditor agreement gives more powers to the lead lender in a consortium and allows a resolution plan to be approved if 66 percent of the banks in the group agree to it.

Paytm, SoftBank to collaborate for mobile payments services in Japan by year-end

Just two months back, SoftBank pumped in $1.4 billion into Paytm - the largest fund infusion by a single investor in a homegrown start-up.

Meet Rohit Prasad from Ranchi, the creator of Amazon Alexa

Last year Rohit Prasad was ranked 9 and colleague, Tony Reid, was ranked 10 in Fast Company's 100 Most Creative People in Business.

Hindu Mahasabha among prospective bidders for Dawood's building to be auctioned on August 9

Indira Tiwari, working president of Hindu Mahasabha, and Upendrakumar Bhardwaj, SC lawyer, both said they would take stock of the property on July 24. Though the SBUT officials didn't reveal much, sources said it would participate in bidding.

Mon Jul 23 20:58:03 IST 2018
 
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Free Fall

The steadily weakening Indian currency brings with it a host of worries