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BusinessToday.In
New Delhi, November 13, 2019
Delhi continues to reel under noxious haze after a brief relief last week; Vodafone India's venture in critical state; RIL aims to convert 70 per cent of its output from Jamnagar refinery and petrochemical complex to chemicals and more news on News Blast.


BusinessToday.In
New Delhi, November 13, 2019
Vodafone CEO says India venture in critical state; headed for liquidation after SC's AGR shockVodafone Group Plc Chief Executive Officer Nick Read has said the company's India unit could be headed for liquidation if the government does not reconsider its demand of mobile spectrum fees post the Supreme Court's verdict last month. He said if the government does not take any concrete step, the situation could become \"critical\".  Vodafone owns 45% stake in India unit. The compa...


Reuters
SHANGHAI/HANGZHOU, China, November 12, 2019
The Chinese e-commerce giant's annual Singles' Day shopping blitz on Monday brought in a record 268.4 billion yuan ($38.38 billion) in sales, more than six times the amount of online sales made in the United States on Black Friday last year


Reuters
HANGZHOU, China, November 11, 2019
One vendor, New Zealand-based nutritional supplement maker Clinicians, broadcast livestreams from a booth set up on Alibaba's campus


Goutam Das
New Delhi, November 11, 2019
While online sales rocked, there was less encouraging news from the offline channel. Offline sales continued to face challenges with a 2.6 per cent Y-o-Y decline in the third quarter of 2019


BusinessToday.In
New Delhi, November 11, 2019
Over 100 Indian CEOs, several political leaders and select Bollywood stars including Deepika Padukone to attend WEF Annual Meeting; US court retains work permits for H-1B visa holders' spouses; Saudi Aramco IPO to begin on Nov 17 and more news on News Blast.


BusinessToday.In
New Delhi, November 11, 2019
US court retains work permits for H-1B visa holders' spousesIn a temporary respite to Indians living in America, the proposed work ban on spouses and relatives of H-1B visa holders will not be enforced for the time being. A US court has refuse to reverse, for now, a 2015 rule issued by former (US) President Barack Obama that permits spouses of H-1B visa holders to work in America.Saudi Aramco IPO to begin on Nov 17; prospectus flags terrorism, antitrust law as risksSaudi state oil...


PTI
November 11, 2019



BusinessToday.In
New Delhi, November 11, 2019
Akin to Black Friday and Cyber Monday in the United States, Singles' Day has been promoted as a shopping fest by Alibaba Chairman and Chief Executive Daniel Zhang since 2009, growing rapidly to become the world's biggest online sales event


Reuters
Riyadh, November 10, 2019
The prospectus said the government will have a \"statutory lockup period\" for disposing of any shares after the listing for six months, and a contractual lockup period for 12 months


Reuters
Tokyo, November 8, 2019
The slower IPO approach is likely to increase SoftBank Group's reliance on its telecoms unit SoftBank Corp, according to analysts. The business accounted for nearly a third of the conglomerate's operating income in the last financial year


BusinessToday.In
November 7, 2019
Reliance Industries (RIL) share price rose 1.18%  to Rs 1,449  compared to the previous close of Rs 1,432


Reuters
LONDON, November 5, 2019
Masayoshi Son wants to keep borrowing below one-quarter of the value of SoftBank's assets, which include stakes in e-commerce group Alibaba, two telecom operators, chipmaker Arm and a chunk of the $100 billion Vision Fund


Ajita Shashidhar
New Delhi, October 31, 2019
The advantage as of now is with Reliance. It not just has close to 11,000 stores across 6,700 cities and towns, it also has the largest telecom presence through Jio, with which it now plans to offer 4K entertainment to consumers and release films on the platform


Nevin John
October 26, 2019
Reliance Jio will become net debt-free by March, with exception of spectrum related liabilities, after the transactions.


BusinessToday.In
New Delhi, October 22, 2019
Welcoming the group to India, PM Modi discussed about India's efforts in health, education and becoming a $5 trillion economy by 2024


BusinessToday.In
October 15, 2019
The buzz is that the investors include Ant Financial, one of Paytm's earliest backers, and Softbank Group Corp, which had pumped in $1.4 billion last year, the largest fund infusion by a single investor in a desi start-up


Reuters
New Delhi, September 28, 2019
As of February, 156 Chinese companies were listed on the NASDAQ and New York Stock Exchanges, says US government data, including at least 11 state-owned firms


Reuters
HANGZHOU, China, September 11, 2019
Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded 20 years ago


PTI
September 10, 2019



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